Cloud, SaaS boost Oracle sales, but competition exacts costs
CIO Business Intelligence
MARCH 11, 2022
While overall revenue including services and license support rose 4% year over year to reach $10.5 Big reasons for the decline were operating expenses for cloud services and license support, which increased 23% to $1.3 A big issue for Oracle is that it is expensive to maintain the momentum for its own cloud growth. billion.
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