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Test Code : 1Z0-506
Test denomination : Oracle Fusion Financials 11g Accounts Receivable Essentials
Vendor denomination : Oracle
: 123 true Questions

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Oracle Oracle Fusion Financials 11g

Oracle forecasts a ‘cloudy’ future for Saudi Arabia | killexams.com true Questions and Pass4sure dumps

JEDDAH: Oracle, the realm’s main provider of commercial enterprise cloud computing, specializing in the evolution of database application, business utility and cloud engineered techniques, hosted a modern enterprise discussion board (MBF) in Jeddah on Wednesday.

The day-long forum, held at the Ritz-Carlton lodge, provided keynote displays by means of senior Oracle executives and companions, and was attended by using representatives of main Saudi organizations, entrepreneurs, and businesspeople alike.

The MBF emphasized quick-witted cloud purposes, integrated cloud structures, the information superhighway of issues (IoT), blockchain technology, and how synthetic intelligence (AI) as an entire can aid Saudi agencies accelerate their production boom into the 21st century, transferring their company constitution and remodeling to a cloud-based operating equipment.

Oracle’s know-how in AI, computing device getting to know, augmented truth, blockchain, IoT, and human interface applied sciences are, by their own construct, designed to permit purchasers the means to bewitch integrated technology and acquire advances inside their individual company items and services.

A pioneer in IoT systems, Oracle is the usage of commercial enterprise AI in conjunction with IoT to support purchasers in managing their physical property, while boosting employee productiveness within the technique. The Oracle Cloud system possesses essentially the most inventive of capabilities, including: software as a provider (SaaS), platform as a service (PaaS), infrastructure as a provider (IaaS), and data as a provider (DaaS), empowering companies of total types and sizes onwards of their event towards digital transformation.

As Saudi Arabia continues to diversify its economic system through its imaginative and prescient 2030 agenda, digital transformation is at its core. Neom, the dominion’s $500 billion transnational mega-metropolis is anticipated to heavily contain imaginitive expertise, reminiscent of: Nano, 3D printing, IoT gadgets, electric powered and self-riding vehicles, robotics, and renewable energy.

Oracle vice president for business purposes Kamel Tawil spoke exclusively and at size with Arab information on Wednesday on the multifaceted merits of Oracle’s integrated cloud utility.

“We reckon they are on the forefront of expertise. they are in reality using innovation in both the generic public and private sectors, and they are very excited to be in Saudi Arabia since the complete country is remodeling within total industries, and we're honored to give value and contribution to this nation,” he talked about.

“With the evolution of synthetic intelligence, sensor-primarily based expertise, and ample data, they are a special sort of software so as to reserve you on what to do. Predictive intelligence will now merge together between robotics and software to provide you with the subsequent optimal action. So these days the software can reserve you, let you know, and aid you in making the perquisite choices.”

The discussion board touched upon some unique survey facts relating to Saudi Arabia. PricewaterhouseCoopers (PwC), a multinational approach consulting and information analytics company, has expected that AI will add $15 trillion to the international economy by using 2030, despite the fact that few organizations are presently pursuing faultfinding AI implementations within their companies.

actually, according to McKinsey Consulting Co., handiest 20 p.c of AI-mindful enterprises are presently adopters of this expertise. PwC experiences that the heart East is anticipated to accrue 2 percent of the complete global benefits of AI via 2030, reminiscent of $320 billion. The biggest of these features is anticipated in Saudi Arabia, the region AI is anticipated to acquire a contribution greater than $135.2 billion, such as 12.four percent of rough home product.

“This conversion of technology, synthetic intelligence, huge facts, and connectivity, is truly disrupting business modules. we've businesses that disappeared and unusual agencies that are taking over, reminiscent of these taxi service organizations that own zero taxis — they occupy got changed the total panorama of transportation,” Tawil endured. “The implications of which are basically going past know-how itself, and are in reality worrying and altering very ancient industries.

“We reckon artificial intelligence is the next great issue. They accept as just with synthetic intelligence coupled with ample records, connectivity, and sensor know-how goes to alternate the pass they work.

“We at Oracle are definitely innovating round their commercial enterprise applications, and around their databases. Their latest offering is their self reliant database. constantly, in case you occupy a database you need to occupy a database administrator to maneuver it, however with their self sufficient expertise, this database can update itself, freeing advantageous time and materials to enact different crucial tasks.”

As for what fields Oracle sees its technology thriving most in, Tawil, who opened the discussion board with an govt welcome speech, believes it directly revolves round Saudi Arabia’s vision 2030.

He stated: “probably the most key initiatives is how to diversify the sources of salary. in my view, i might impart that the application of Oracle applied sciences will also be really first-rate in two key fields. One is thru basically empowering the government and altering the generic public sector into a more consumer-concentrated, productive, and innovative sector. we've many initiatives and are working with many government entities in that regard. Secondly, which is key, is fueling innovation within the deepest sector. How can they deliver the next wave of entrepreneurs, the subsequent wave of sensible agencies, who can acquire a contribution to the varied economic enlarge of Saudi Arabia?”

When looking into particular industries, the overseas information organisation forecasted in 2018 that spending in Saudi Arabia can be the highest in the public sector, monetary services, health care, education and manufacturing.

Oracle has already been current in Saudi Arabia for greater than 30 years, and across total major cities in the Kingdom. Oracle’s consistent growth within Saudi Arabia is driven by pass of the success of its valued clientele and this growth has now been additional better with the aid of the swift adoption of cloud options.

“we occupy exotic client examples in Saudi Arabia. we've colossal agencies who occupy embraced their cloud, so in reality that pressure toward the cloud is actually fueling their own business growth,” Tawil remarked.

just a few examples of main Saudi companies that occupy been outlined in Wednesday’s MBF that occupy incorporated Oracle Cloud in their working programs involve Saudi Telecom business, NADEC, ACWA power, Nahdi scientific, and Zahran protecting Co. total occupy chosen Oracle Cloud solutions, and total occupy seen predominant transformative projects obtain boom and help efficiency.

This long-term dedication from Oracle within Saudi Arabia has translated into great investments, helping businesses of total sizes, both public and private, achieve strategic objectives with digital transformation. recently, Oracle announced plans to open a data heart within the Kingdom, additional increasing its footprint via introducing its latest cloud options and making a energetic support infrastructure. It hopes to do in obligate a train of classes and initiatives geared toward using digital edge among the many Saudi adolescence and better making ready them for the digital monetary system that can be at the forefront of Saudi Arabia in 2030.

“we're basically dwelling in very wonderful instances, where total these applied sciences are now converging, and in reality producing fine consequences within the pass they are living, working, and interacting,” Tawil referred to.

Oracle’s own transition to a cloud-first company had garnered a lot of discussion in the IT world — each from optimists and skeptics. “When the complete cloud conception bought delivered, they truly embraced it and transferred total of their functions into cloud-based mostly. They delivered their fusion utility, which is the best pure conclusion-to-conclusion cloud-based utility obtainable these days,” brought Tawil.

“Now, with the unusual evolution of cloud-based applied sciences, the know-how is obtainable for anybody. when you are a startup enterprise, before implementing an IT apparatus you essential to attend one or two years; now in a few weeks you could occupy access to the equal device it really is used by pass of one of the vital biggest groups on the planet. You don’t need to do money into infrastructure. You don’t need to invest in constructing that facts center. You simply buy the service and you are up and working.”

it is essential to solemnize that a typical wrong print of emerging applied sciences, comparable to AI, is that they're a random to present jobs. “The machines are taking over,” despite the fact a benchmark narrative, is rarely factually based. On the contrary, unusual technology in fact prospers when it succeeds in growing the time and house for unusual jobs.

Automation is total about dashing up the mundane initiatives that commonly absorb useful time for organizations. inventive technology is often geared at reaching greater profitability through efficiency and, in so doing, enables employees to heart of attention on more efficacious projects. It is ready improving people’s choice-making capabilities with the aid of empowering them with enormously principal and positive technology, together with timely data, that in any other case would no longer be practicable to collect.

they are the fundamental apparatus that Oracle goals to supply toward a vivid and “cloudy” business future for Saudi Arabia.


Oracle evasive after unusual cloud reporting would not deliver effects | killexams.com true Questions and Pass4sure dumps

The commercial enterprise expertise dealer has modified the pass it experiences cloud revenues, with the first quarter for the economic 12 months yielding terrible outcomes Share

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Oracle would occupy hoped to be delivering superior information in its first set of income for the 2019 fiscal 12 months this week, having changed the manner it reports cloud revenues. The effects confirmed stagnant income growth, resulting in a pointy drop within the vendor's inventory after hours, so what did Oracle management occupy to impart for themselves?

For context, lower back in June the database specialist announced that it might be changing the style it experiences its cloud consequences each quarter.

the region it used to file two cloud salary segments - software-as-a-provider (SaaS) as one after which a combined pattern for Platform-as-a-service (PaaS) and Infrastructure-as-a-carrier (IaaS) as a further, smaller, pattern - now it's reporting just one determine: cloud capabilities and licence assist.

read subsequent: Oracle is altering how it experiences cloud revenues, what's it hiding?

So for Q1 2019 the vendor suggested that the cloud features and licence assist section simplest grew three p.c yr-on-year, down from 10 p.c in the eventual quarter of 2018. total profits become up 1 % to $9.2 billion, which become also behind expectations.

"looking at the 1 p.c complete income enlarge in Q119, they are able to surmise that the rate of cloud growth has plateaued as on-premise income continue to fall," mentioned Angela alive to at Tech Market View. "Barely there enlarge combined with cloud opacity in Q119 despatched Oracle shares tumbling virtually 5 percent in after hours trading... the wrong clouds appear to be hanging over Oracle."

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    Analysts at KeyBanc Capital Markets occupy lowered their estimates for Oracle's following few quarters consequently. "Oracle's current to the cloud is taking longer than expected, is in keeping with what we've heard from the channel, and with decreased disclosures, they occupy lesser visibility into then company's growth," as said by using CNBC.

    talking on the revenue denomination after the results the day before today, co-CEO Safra Catz do a courageous pan on things.

    "complete cloud revenues grew in total regions and in terms of product classes, ERP grew within the 30 % plus, verticals grew within the forty p.c plus and public cloud, PaaS and IaaS grew in the 20-plus p.c," she pointed out. (All charges from the salary denomination are by pass of seeking Alpha's transcript).

    Mark Moerdler of Sanford Bernstein requested why the newly mixed cloud functions and licence guide turned into down on analyst expectations, best for Catz and co-CEO label Hurd to withhold away from the situation and guilt the effects on currency fluctuations.

    "well, I reckon most of - any type of what miss from the numbers you've got changed into that in fact there turned into in reality just a few currency change between after I gave my suggestions and when and what it ended up being," Catz mentioned. "So, it changed into basically double the debauch that i was anticipating." acquire of that what you'll.

    The hardship perquisite here is that the brand unusual reporting mannequin permits Oracle to be extremely vague when it involves its cloud efficiency, leading to frustratingly evasive answers from management.

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    for example: "I reckon I talked about the SaaS bookings increase. Their bookings accustomed in cloud for the quarter accelerated on a expense foundation. The growth expense accelerated. So, that changed into obviously a pretty sterling indication for us of ordinary bookings growth," Hurd added.

    There changed into further controversy this week as it was printed that president of product construction Thomas Kurian was taking an indefinite proceed away of absence after reportedly falling out with chairman Larry Ellison over the company's cloud method.

    Hurd become curt on this aspect, telling analysts: "On Thomas Kurian, which I feel become your question. Thomas is a superb man, works tough. he's taken a damage and they are expecting him lower back."

    strategy

    Chairman Larry Ellison attempted to boil down Oracle's cloud imaginative and prescient in one fell swoop the day prior to this, telling traders: "Oracle has two strategic items with the intention to examine their future. Their cloud ERP product is the strategic key to their success within the SaaS applications layer of the cloud. And their autonomous cloud database is the strategic key to their success within the IaaS or infrastructure layer of the cloud."

    Ellison was typically bullish on the name, pushing the road that Oracle will eventually win out as a result of its technical superiority and once more prodding competitors for their reliance on Oracle application to rush their own companies.

    "The Oracle database is so much better than different databases. Even their biggest rivals employ it to rush their groups. Salesforce.com uses Oracle to rush their income Automation Cloud. SAP makes employ of the Oracle database to rush their cloud functions and very nearly total their on-premise valued clientele. Even Amazon makes employ of the Oracle database to rush most of their business," he spoke of.

    speakme in regards to the company's latest product, the autonomous cloud database, Ellison stated: "We believe these compelling advantages will allow us to compete very effectively against Amazon within the infrastructure company. today, they can be in the back of Amazon in infrastructure market share, but they are routine ahead of Amazon in cloud infrastructure know-how. They reckon so one can enable us to benefit market partake in infrastructure within the cloud very, very swiftly."

    Co-CEO label Hurd expanded on this, mentioning his view that getting adoption from fellow know-how companies (ISVs) is a superb market note for the company: "should you beginning seeing these early indications, ISVs stream. and that's one of the reasons I outlined the ISVs. here is really first rate intelligence because ISVs are one of the most discriminating."

    Hurd naturally wanted to shove this lengthy-time term outlook too, saying: "i'm attempting to focus here extra on the revenue in future is I suppose the most useful indicator of the region we're. Bookings to us - it turned into an excellent description before they occupy income. And so, what i'm making an attempt to enact now could be hold you concentrated on basically what the prize is, as a result of if the bookings enact not translate to revenue, they enact not intimate anything to us."

    shoppers

    Hurd favourite to debate client wins than figures on the call. "i proceed to try to hold it to a couple of. but, I need to present you a flavour for one of the wins that - on perquisite of what they did in q4 what they did in Q1, and discourse first about ERP and what they did in that category," he spoke of, primarily referencing Academy sports, Conn's and Legg Mason.

    another large-identify win in the quarter for Oracle became Airbnb. "They bought ERP. And Larry mentioned: here's definitely a alternative of Workday Financials at Airbnb," Hurd renowned on the salary call.

    He additionally spoke about FedEx's selection to standardise on Oracle: "a everyday Oracle person, they purchased a corporation called TNT in Europe that turned into an SAP consumer, and they are now going to standardise total of their ERP on Oracle Fusion ERP. moreover that, they bought payroll from us in the quarter. They happened to be a Workday HCM consumer however bought payroll from Oracle.

    "this is one of the most huge transactions we've had over a path of a few ample transactions, however a extremely strategic and faultfinding one with a replacement of SAP as a mixture of a migration of an existing Oracle client.

    "i hope that you may inform through these wins, their SaaS pipeline is at a checklist degree, and to Larry's point, led by pass of both ERP. and that is the understanding no longer just Fusion now, however the NetSuite growth is cloth and significant. Their pipeline in PaaS is also at the maximum flat it's been. And it turned into universal solid quarter for us. looking forward to Safra's point previous, they enact are expecting salary growth within the 2nd half to be bigger than final yr and [earnings per share] will grow double digits for the 12 months."


    Oracle Fusion Middleware update -- economic Analyst Webcast | killexams.com true Questions and Pass4sure dumps

    REDWOOD SHORES, CA--(Marketwire - 04/21/eleven) - Oracle (NASDAQ:ORCL - information) will host an "government access for traders" educational webcast with corresponding slides on Thursday, April 28, 2011, starting at 9:00 a.m. PT.Please combine Hasan Rizvi, Senior vp, as he gives an replace on Oracle's Fusion Middleware choices, together with Exalogic. Following a brief presentation, a question & reply session may be held with David Hilal from FBR Capital Markets.Date: Thursday, April 28, 2011Time: 9:00 a.m. PTNo previously unannounced considerations could be mentioned on this webcastListen by the employ of the internet: they are able to present live and replay webcasts of the experience, with synchronized slides, at http://www.oracle.com/investor.There is no audio bridge for this adventure. Questions can be asked on-line.RSVP: No RSVP is indispensable.Replay: Playback of the webcast can be obtainable on the Oracle web page at: http://www.oracle.com/investorAbout Oracle Oracle (NASDAQ:ORCL - information) is the area's most complete, open, and built-in business application and hardware methods business. For greater tips about Oracle, delight consult with their web site at http://www.oracle.com or contact Investor family members at investor_us@oracle.com or (650) 506-4073.emblems Oracle and Java are registered logos of Oracle organization and/or its affiliates. other names can be emblems of their respective house owners.


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    Oracle forecasts a ‘cloudy’ future for Saudi Arabia | killexams.com true questions and Pass4sure dumps

    JEDDAH: Oracle, the world’s leading provider of enterprise cloud computing, specializing in the evolution of database software, enterprise software and cloud engineered systems, hosted a Modern business Forum (MBF) in Jeddah on Wednesday.

    The day-long forum, held at the Ritz-Carlton hotel, offered keynote presentations by senior Oracle executives and partners, and was attended by representatives of leading Saudi corporations, entrepreneurs, and businesspeople alike.

    The MBF emphasized quick-witted cloud applications, integrated cloud platforms, the Internet of things (IoT), blockchain technology, and how artificial intelligence (AI) as a entire can embolden Saudi businesses accelerate their production growth into the 21st century, shifting their business structure and transforming to a cloud-based operating system.

    Oracle’s technology in AI, machine learning, augmented reality, blockchain, IoT, and human interface technologies are, by their own construct, designed to allow customers the aptitude to bewitch integrated technology and acquire advances within their individual business products and services.

    A pioneer in IoT platforms, Oracle is using enterprise AI in conjunction with IoT to assist customers in managing their physical assets, while boosting employee productivity in the process. The Oracle Cloud system possesses the most innovative of capabilities, including: Software as a service (SaaS), platform as a service (PaaS), infrastructure as a service (IaaS), and data as a service (DaaS), empowering businesses of total types and sizes onwards in their journey toward digital transformation.

    As Saudi Arabia continues to diversify its economy through its Vision 2030 agenda, digital transformation is at its core. Neom, the Kingdom’s $500 billion transnational mega-city is expected to heavily incorporate innovative technology, such as: Nano, 3D printing, IoT devices, electric and self-driving vehicles, robotics, and renewable energy.

    Oracle Vice President for business Applications Kamel Tawil spoke exclusively and at length with Arab intelligence on Wednesday on the multifaceted benefits of Oracle’s integrated cloud software.

    “We believe they are at the forefront of technology. They are really driving innovation in both the public and private sectors, and they are very excited to be in Saudi Arabia because the entire country is transforming within total industries, and they are honored to provide value and contribution to this country,” he said.

    “With the evolution of artificial intelligence, sensor-based technology, and ample data, they are looking at a different kindhearted of application that will guide you on what to do. Predictive intelligence will now merge together between robotics and software to provide you with the next best action. So today the application can guide you, expose you, and embolden you in making the perquisite decisions.”

    The forum touched upon some entertaining survey data relating to Saudi Arabia. PricewaterhouseCoopers (PwC), a multinational strategy consulting and data analytics firm, has predicted that AI will add $15 trillion to the global economy by 2030, even though few companies are currently pursuing staid AI implementations within their businesses.

    In fact, according to McKinsey Consulting Co., only 20 percent of AI-aware firms are currently adopters of this technology. PwC reports that the Middle East is expected to accrue 2 percent of the total global benefits of AI by 2030, equivalent to $320 billion. The largest of these gains is expected in Saudi Arabia, where AI is expected to contribute more than $135.2 billion, equivalent to 12.4 percent of rough domestic product.

    “This conversion of technology, artificial intelligence, ample data, and connectivity, is really disrupting business modules. They occupy companies that disappeared and unusual companies that are taking over, such as these taxi service companies that own zero taxis — they occupy changed the entire landscape of transportation,” Tawil continued. “The implications of that are really going beyond technology itself, and are really disturbing and changing very aged industries.

    “We believe artificial intelligence is the next ample thing. They believe artificial intelligence coupled with ample data, connectivity, and sensor technology is going to change the pass they work.

    “We at Oracle are really innovating around their enterprise applications, and around their databases. Their latest offering is their autonomous database. Usually, when you occupy a database you need to occupy a database administrator to manage it, but with their autonomous technology, this database can update itself, freeing valuable time and resources to enact other essential tasks.”

    As for what fields Oracle sees its technology thriving most in, Tawil, who opened the forum with an executive welcome speech, believes it directly revolves around Saudi Arabia’s Vision 2030.

    He said: “One of the key initiatives is how to diversify the sources of income. In my view, I would impart that the application of Oracle technologies can be really Great in two key fields. One is through really empowering the government and changing the public sector into a more customer-focused, efficient, and progressive sector. They occupy many initiatives and are working with many government entities in that regard. Secondly, which is key, is fueling innovation in the private sector. How can they bring the next wave of entrepreneurs, the next wave of smart companies, who can contribute to the diversified economic growth of Saudi Arabia?”

    When looking into specific industries, the International Data Corporation forecasted in 2018 that spending in Saudi Arabia will be the highest in the public sector, monetary services, health care, education and manufacturing.

    Oracle has already been present in Saudi Arabia for more than 30 years, and across total major cities in the Kingdom. Oracle’s consistent growth within Saudi Arabia is driven by the success of its customers and this growth has now been further enhanced by the rapid adoption of cloud solutions.

    “We occupy Great customer examples in Saudi Arabia. They occupy great companies who occupy embraced their cloud, so really that drive toward the cloud is really fueling their own company growth,” Tawil remarked.

    A few examples of leading Saudi organizations that were mentioned in Wednesday’s MBF that occupy incorporated Oracle Cloud in their operating systems involve Saudi Telecom Company, NADEC, ACWA Power, Nahdi Medical, and Zahran Holding Co. total occupy chosen Oracle Cloud solutions, and total occupy seen major transformative projects achieve growth and help efficiency.

    This long-term commitment from Oracle within Saudi Arabia has translated into massive investments, helping organizations of total sizes, both public and private, achieve strategic objectives with digital transformation. Recently, Oracle announced plans to open a data heart in the Kingdom, further expanding its footprint by introducing its latest cloud solutions and creating a vigorous support infrastructure. It hopes to implement a train of programs and initiatives aimed at driving digital skills among the Saudi youth and better preparing them for the digital economy that will be at the forefront of Saudi Arabia in 2030.

    “We are really animate in very exciting times, where total these technologies are now converging, and really producing positive effects in the pass they are living, working, and interacting,” Tawil said.

    Oracle’s own transition to a cloud-first company had garnered plenty of discussion in the IT world — both from optimists and skeptics. “When the entire cloud concept got introduced, they really embraced it and transferred total of their applications into cloud-based. They introduced their fusion application, which is the only pure end-to-end cloud-based application available today,” added Tawil.

    “Now, with the unusual advancement of cloud-based technologies, the technology is available for anyone. If you are a startup company, before implementing an IT system you needed to wait one or two years; now in a couple of weeks you can occupy access to the selfsame system that is used by some of the largest companies in the world. You don’t need to invest in infrastructure. You don’t need to invest in pile that data center. You just buy the service and you are up and running.”

    It is essential to note that a common misconception of emerging technologies, such as AI, is that they are a threat to existing jobs. “The machines are taking over,” although a common narrative, is hardly factually based. On the contrary, unusual technology truly thrives when it succeeds in creating the time and space for unusual jobs.

    Automation is total about speeding up the mundane tasks that often bewitch up valuable time for businesses. Innovative technology is often geared at achieving greater profitability through efficiency and, in so doing, enables employees to focus on more valuable tasks. It is about improving people’s decision-making capabilities by empowering them with highly pertinent and efficacious technology, along with timely data, that otherwise would not be practicable to collect.

    They are the necessary tools that Oracle aims to provide toward a incandescent and “cloudy” business future for Saudi Arabia.


    Oracle evasive after unusual cloud reporting doesn't deliver results | killexams.com true questions and Pass4sure dumps

    The enterprise technology vendor has changed how it reports cloud revenues, with the first quarter for the monetary year yielding poverty-stricken results Share

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    Oracle would occupy hoped to be delivering better intelligence in its first set of earnings for the 2019 fiscal year this week, having changed the pass it reports cloud revenues. The results showed stagnant revenue growth, leading to a sharp drop in the vendor's stock after hours, so what did Oracle leadership occupy to impart for themselves?

    For context, back in June the database specialist announced that it would be changing the pass it reports its cloud results every quarter.

    Where it used to report two cloud revenue segments - Software-as-a-Service (SaaS) as one and then a combined pattern for Platform-as-a-Service (PaaS) and Infrastructure-as-a-Service (IaaS) as another, smaller, pattern - now it is reporting just one figure: cloud services and licence support.

    Read next: Oracle is changing how it reports cloud revenues, what's it hiding?

    So for Q1 2019 the vendor reported that the cloud services and licence support segment only grew 3 percent year-on-year, down from 10 percent in the eventual quarter of 2018. Total revenue was up 1 percent to $9.2 billion, which was also behind expectations.

    "Looking at the 1 percent total revenue growth in Q119, they can surmise that the rate of cloud growth has plateaued as on-premise sales continue to fall," said Angela alive to at Tech Market View. "Barely there growth combined with cloud opacity in Q119 sent Oracle shares tumbling nearly 5 percent in after hours trading... The wrong clouds appear to be hanging over Oracle."

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    Analysts at KeyBanc Capital Markets occupy lowered their estimates for Oracle's next few quarters as a result. "Oracle's drag to the cloud is taking longer than expected, is consistent with what they occupy heard from the channel, and with reduced disclosures, they occupy lesser visibility into then company's progress," as reported by CNBC.

    Speaking on the earnings summon after the results yesterday, co-CEO Safra Catz do a intrepid pan on things.

    "Total cloud revenues grew in total regions and in terms of product categories, ERP grew in the 30 percent plus, verticals grew in the 40 percent plus and public cloud, PaaS and IaaS grew in the 20-plus percent," she said. (All quotes from the earnings summon are via Seeking Alpha's transcript).

    Mark Moerdler of Sanford Bernstein asked why the newly combined cloud services and licence support was down on analyst expectations, only for Catz and co-CEO label Hurd to dodge the issue and guilt the results on currency fluctuations.

    "Well, I believe most of - any kindhearted of what miss from the numbers you occupy was that in fact there was really just some currency dissimilarity between when I gave my guidance and when and what it ended up being," Catz said. "So, it was basically double the negative that I was expecting." acquire of that what you will.

    The problem here is that the unusual reporting model allows Oracle to be extremely vague when it comes to its cloud performance, leading to frustratingly evasive answers from leadership.

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    For example: "I believe I talked about the SaaS bookings growth. Their bookings overall in cloud for the quarter accelerated on a rate basis. The growth rate accelerated. So, that was obviously a sterling indication for us of overall bookings growth," Hurd added.

    There was further controversy this week as it was revealed that president of product evolution Thomas Kurian was taking an indefinite leave of absence after reportedly falling out with chairman Larry Ellison over the company's cloud strategy.

    Hurd was curt on this point, telling analysts: "On Thomas Kurian, which I believe was your question. Thomas is a sterling guy, works hard. He's taken a wreck and they hope him back."

    Strategy

    Chairman Larry Ellison attempted to boil down Oracle's cloud vision in one fell swoop yesterday, telling investors: "Oracle has two strategic products that will determine their future. Their cloud ERP product is the strategic key to their success in the SaaS applications layer of the cloud. And their autonomous cloud database is the strategic key to their success in the IaaS or infrastructure layer of the cloud."

    Ellison was typically bullish on the call, pushing the line that Oracle will eventually win out due to its technical superiority and again prodding rivals for their reliance on Oracle software to rush their own businesses.

    "The Oracle database is so much better than other databases. Even their biggest competitors employ it to rush their businesses. Salesforce.com uses Oracle to rush their Sales Automation Cloud. SAP uses the Oracle database to rush their cloud services and nearly total their on-premise customers. Even Amazon uses the Oracle database to rush most of their business," he said.

    Speaking about the company's latest product, the autonomous cloud database, Ellison said: "We believe these compelling advantages will allow us to compete very effectively against Amazon in the infrastructure business. Today, they may be behind Amazon in infrastructure market share, but they are pass ahead of Amazon in cloud infrastructure technology. They believe that will allow us to gain market partake in infrastructure in the cloud very, very rapidly."

    Co-CEO label Hurd expanded on this, stating his view that getting adoption from fellow technology vendors (ISVs) is a sterling market signal for the company: "When you start seeing these early indicators, ISVs move. And that's one of the reasons I outlined the ISVs. This is really sterling intelligence because ISVs are some of the most discriminating."

    Hurd naturally wanted to shove this long-term outlook too, saying: "I'm trying to focus here more on the revenue in long rush is I believe the best indicator of where they are. Bookings to us - it was a sterling description before they occupy revenue. And so, what I'm trying to enact now is withhold you focused on really what the prize is, because if the bookings don't translate to revenue, they don't signify anything to us."

    Customers

    Hurd preferred to talk about customer wins than figures on the call. "I'm going to try to withhold it to a few. But, I want to give you a flavour for some of the wins that - on top of what they did in Q4 what they did in Q1, and talk first about ERP and what they did in that category," he said, specifically referencing Academy Sports, Conn's and Legg Mason.

    Another big-name win in the quarter for Oracle was Airbnb. "They bought ERP. And Larry mentioned: this is actually a replacement of Workday Financials at Airbnb," Hurd said on the earnings call.

    He also spoke about FedEx's determination to standardise on Oracle: "A traditional Oracle user, they bought a company called TNT in Europe that was an SAP user, and they are now going to standardise total of their ERP on Oracle Fusion ERP. In addition to that, they bought payroll from us in the quarter. They happened to be a Workday HCM customer but bought payroll from Oracle.

    "This is one of the most significant transactions we've had over a course of a number of significant transactions, but a very strategic and significant one with a replacement of SAP as a combination of a migration of an existing Oracle customer.

    "I hope you can expose by these wins, their SaaS pipeline is at a record level, and to Larry's point, led by both ERP. And that's not just Fusion now, but the NetSuite improvement is material and significant. Their pipeline in PaaS is also at the highest flat it's been. And it was overall solid quarter for us. Looking forward to Safra's point earlier, they enact hope revenue growth in the second half to be higher than eventual year and [earnings per share] will grow double digits for the year."


    Oracle Fusion Middleware Update -- monetary Analyst Webcast | killexams.com true questions and Pass4sure dumps

    REDWOOD SHORES, CA--(Marketwire - 04/21/11) - Oracle (NASDAQ:ORCL - News) will host an "Executive Access for Investors" educational webcast with corresponding slides on Thursday, April 28, 2011, beginning at 9:00 a.m. PT.Please combine Hasan Rizvi, Senior Vice President, as he provides an update on Oracle's Fusion Middleware offerings, including Exalogic. Following a brief presentation, a question & respond session will be held with David Hilal from FBR Capital Markets.Date: Thursday, April 28, 2011Time: 9:00 a.m. PTNo previously unannounced issues will be discussed on this webcastListen via the Internet: They will present live and replay webcasts of the event, with synchronized slides, at http://www.oracle.com/investor.There is no audio bridge for this event. Questions may be asked online.RSVP: No RSVP is necessary.Replay: Playback of the webcast will be available on the Oracle website at: http://www.oracle.com/investorAbout Oracle Oracle (NASDAQ:ORCL - News) is the world's most complete, open, and integrated business software and hardware systems company. For more information about Oracle, delight visit their website at http://www.oracle.com or contact Investor Relations at investor_us@oracle.com or (650) 506-4073.Trademarks Oracle and Java are registered trademarks of Oracle Corporation and/or its affiliates. Other names may be trademarks of their respective owners.



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