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Primeur weekly 2016-12-19

Crowd computing

Quake-detection app captured nearly 400 temblors worldwide ...

Quantum computing

Microsoft intensifies quantum cooperation with QuTech ...

Fast track control accelerates switching of quantum bits ...

Two electrons go on a quantum walk and end up in a qudit ...

Researchers discovered elusive half-quantum vortices in a superfluid ...

Focus on Europe

New e-IRGSP5 support project held its kick-off meeting in Barcelona ...

European Commission to organize eInfrastructure Proposers' Day on January 19, 2017 ...

ARM extends HPC offering with acquisition of software tools provider Allinea Software ...

Martin Kersten appointed ACM Fellow ...

PRACE Preparatory Access Type D expected for early 2017 ...

PRACE SHAPE 4th Call awards 4 new innovative European SME projects ...

Middleware

DDN collaborates with Synergy Solutions Management to offer video surveillance and HPC design, test and training at new Innovations Lab ...

GridGain Professional Edition 1.8 adds in-memory SQL Grid to industry-leading in-memory computing platform ...

Technique shrinks data sets for easier analysis ...

Hardware

Intersect360 Research to launch 9th Annual HPC Budget Map survey ...

DDN named a global leader in object storage by IDC ...

Mellanox 25G/100G Ethernet solutions enables Artificial Intelligence Speech Recognition Technology at iFLYTEK ...

Applications

BMW Group to start research with IBM Watson ...

Fincantieri selects IBM Cloud to meet growing international demand for more efficient shipbuilding ...

Better ranking for Big Data using seriation solution ...

Eye-popping view of CO2, critical step for carbon-cycle science ...

Supercomputer simulation reveals 2D glass can go infinitely soft ...

Extraordinary animation reveals ocean's role in El Niños ...

Pitt engineers receive $500,000 award from NASA to advance additive manufacturing ...

Rice and Baylor team sets new mark for 'deep learning' ...

Method enables machine learning from unwieldy data sets ...

Barrow identifies new genes responsible for ALS using IMB Watson Health ...

Global brain initiatives generate tsunami of neuroscience data ...

The Cloud

Q2 SaaS and PaaS Cloud revenues for Oralce up 81%, and up 89% in non-GAAP constant currency ...

Q2 SaaS and PaaS Cloud revenues for Oralce up 81%, and up 89% in non-GAAP constant currency

15 Dec 2016 Redwoord Shores - Oracle Corporation has issued fiscal 2017 Q2 results. Total Revenues were $9.0 billion, flat in U.S. dollars and up 1% in constant currency. Non-GAAP Total Revenues were $9.1 billion, up 1% in U.S. dollars and up 2% in constant currency. Cloud software as a service (SaaS) and platform as a service (PaaS) revenues were $878 million, up 81% in U.S. dollars and up 83% in constant currency. Non-GAAP SaaS and PaaS revenues were $912 million, up 87% in U.S. dollars and up 89% in constant currency. Total Cloud Revenues, including infrastructure as a service (IaaS), were $1.1 billion, up 62% in U.S. dollars and up 64% in constant currency. Cloud plus On-Premise Software Revenues were $7.2 billion, up 2% in U.S. dollars and up 3% in constant currency.

Operating Income was $3.0 billion and Operating Margin was 34%. Non-GAAP Operating Income was $3.8 billion and non-GAAP Operating Margin was 42%. Net Income was $2.0 billion while non-GAAP Net Income was $2.6 billion. Earnings Per Share was $0.48, while non-GAAP Earnings Per Share was $0.61. Without the impact of the U.S. dollar strengthening compared to foreign currencies and an unforeseen Egyptian currency exchange loss, Oracle's reported GAAP and non-GAAP Earnings Per Share would have been 2 cents higher.

Short-term deferred revenues were $7.4 billion, up 6% in U.S. dollars and up 8% in constant currency compared with a year ago. Operating cash flow on a trailing twelve-month basis was $14.2 billion, up 9% from the prior year.

"For four consecutive quarters our Cloud SaaS & PaaS revenue growth rate has increased", stated Oracle CEO, Safra Catz. "As we get bigger in the Cloud, we grow faster in the cloud. Our non-GAAP constant currency SaaS and PaaS growth rate is now up to 89%. This growth rate acceleration has driven our quarterly Cloud revenue over the $1 billion mark. When salesforce.com crossed the billion dollar milestone their SaaS and PaaS subscription growth rate had slowed down to 36%, even after you include all their acquisitions."

"Oracle has now passed salesforce.com and become number one in SaaS Cloud applications sales to customers with over 1,000 employees according to the latest IDC report", stated Oracle CEO, Mark Hurd. "In other words, this year we are selling more enterprise SaaS than any Cloud services provider in the world. We expect to book over $2 billion in new annually recurring Cloud business this year alone. And, with the acquisition of NetSuite, we plan on being the number 1 Cloud applications service provider for companies with less than 1,000 employees as well."

"Our Database as a Service Cloud revenue was $100 million for the quarter, driving growth in our overall database business", stated Larry Ellison, Oracle Chairman and CTO. "We expect our Database as a Service and IaaS businesses will grow even faster than our skyrocketing SaaS business. A lot of people were taken by surprise when IDC ranked Oracle number 1 in Enterprise SaaS, surpassing salesforce.com and overcoming their fifteen year head-start. Stay tuned. More surprises coming. I think we're going to do even better with IaaS and the Oracle database in the Cloud."

The Board of Directors also declared a quarterly cash dividend of $0.15 per share of outstanding common stock. This dividend will be paid to stockholders of record as of the close of business on January 5, 2017, with a payment date of January 26, 2017.
Source: Oracle

Back to Table of contents

Primeur weekly 2016-12-19

Crowd computing

Quake-detection app captured nearly 400 temblors worldwide ...

Quantum computing

Microsoft intensifies quantum cooperation with QuTech ...

Fast track control accelerates switching of quantum bits ...

Two electrons go on a quantum walk and end up in a qudit ...

Researchers discovered elusive half-quantum vortices in a superfluid ...

Focus on Europe

New e-IRGSP5 support project held its kick-off meeting in Barcelona ...

European Commission to organize eInfrastructure Proposers' Day on January 19, 2017 ...

ARM extends HPC offering with acquisition of software tools provider Allinea Software ...

Martin Kersten appointed ACM Fellow ...

PRACE Preparatory Access Type D expected for early 2017 ...

PRACE SHAPE 4th Call awards 4 new innovative European SME projects ...

Middleware

DDN collaborates with Synergy Solutions Management to offer video surveillance and HPC design, test and training at new Innovations Lab ...

GridGain Professional Edition 1.8 adds in-memory SQL Grid to industry-leading in-memory computing platform ...

Technique shrinks data sets for easier analysis ...

Hardware

Intersect360 Research to launch 9th Annual HPC Budget Map survey ...

DDN named a global leader in object storage by IDC ...

Mellanox 25G/100G Ethernet solutions enables Artificial Intelligence Speech Recognition Technology at iFLYTEK ...

Applications

BMW Group to start research with IBM Watson ...

Fincantieri selects IBM Cloud to meet growing international demand for more efficient shipbuilding ...

Better ranking for Big Data using seriation solution ...

Eye-popping view of CO2, critical step for carbon-cycle science ...

Supercomputer simulation reveals 2D glass can go infinitely soft ...

Extraordinary animation reveals ocean's role in El Niños ...

Pitt engineers receive $500,000 award from NASA to advance additive manufacturing ...

Rice and Baylor team sets new mark for 'deep learning' ...

Method enables machine learning from unwieldy data sets ...

Barrow identifies new genes responsible for ALS using IMB Watson Health ...

Global brain initiatives generate tsunami of neuroscience data ...

The Cloud

Q2 SaaS and PaaS Cloud revenues for Oralce up 81%, and up 89% in non-GAAP constant currency ...