Oracle Cloud Application revenue is now approaching $300 million quarterly: facts and figures.



Although, key actors like Salesforce.com, IBM, Cisco, Microsoft, EMC, HP and others remain well-positioned, when it comes to Cloud Applications, Connectikpeople.co praises the strong performance realized by Oracle during the fiscal 2014 Q3. In constant currency, its Cloud Software Subscriptions revenues grew 25% and their Engineered Systems revenue grew more than 30% in the quarter.
As, a unique objective reference for modern organizations and professionals, when it comes to Tools, Supports and Solutions for drawing value in their daily activities, Connectikpeople.co invites Oracle to also focus on a great architecture to integrate the hardware and software and make it work together.
Congratulations for your record year-to-date operating cash flow, and the record $15 billion of operating cash flow over the past twelve months.
Others facts and figures include: total revenues were up 4% to $9.3 billion. New software licenses and cloud software subscriptions revenues were up 4% to $2.4 billion. Software license updates and product support revenues were up 5% to $4.6 billion. Hardware systems products revenues were up 8% to $725 million. GAAP operating income was up 7% to $3.6 billion and the GAAP operating margin was 38%. Non-GAAP operating income was up 5% to $4.4 billion, and the non-GAAP operating
margin was 47%.

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