Oracle's impressive earnings report for the 4th quarter of 2011 leaves little doubt that the company has left the economic collapse well and truly behind it. For the first time ever, the software icon has touched the $10 billion level for its quarterly earnings. The heartening performance is even more impressive due to the fact that the company has simply not done very well in the hardware sales area. The immense growth in other areas has more than made up for the disappointing performance here.
Oracle's Performance over the Fiscal Year
The fiscal year 2011 has been one in which the company definitely took charge with regard to growth. The 1st quarter recorded $7.5 billion revenue, the 2nd demonstrated improvement with $8.6 billion followed by a third quarter yielding $8.8 billion as revenues. The fourth quarter of the fiscal year is the one in which the company resorts to some large discounting in order to meet the objectives for the year. The company has noticeably been working its way gradually toward the $10 billion objective that was set at the beginning of the 2010- 2011 year.
Oracle's Strengths
A big part of the recognition for the company's fantastic performance goes to its software update and support. This area alone has yielded $4 billion, up by 15% from the last fiscal year based on this Information Week report. The company's software sales touched record highs this fiscal year and the Exadata and Exalogic systems also added quite substantially to the revenues. Other than this, software application products, middleware and enterprise database businesses have also shown impressive growth certainly indicating that the detrimental effects of the recession have worn off.
A Growing Market for Oracle Database Solutions
Oracle CEO Larry Ellison states that Oracle's database business has grown at its fastest ever pace in a decade during this time period. The fact that Oracle has kept pace with new developments and trends in the market is a major reason for the sustained progress observed here. The company has incorporated functions to allow cloud computing and in- memory databases to the Oracle database. This has worked handsomely by bringing about increased sales. As a growing number of businesses appreciate the immense possibilities of implementing cloud computing systems, there is guaranteed to be a rising demand for databases which have already provided these features.
Great Opportunities for Oracle Trained Professionals
Oracle has definitely established itself as a leader in the software segment and the organization is looking ready to lead the race in the near future. As an increasing number of core business clients of this organization restart spending post recession, the potential customers for the company's products are only going to get better. Therefore the present time is fantastic for software gurus to enhance their oracle apex training courses skills to match the needs which will soon present themselves in the market. While the organization develops from strength to strength, it is very clear that oracle adf training courses will permit software professionals to piggy back on the company's success. The undeniable fact that Oracle has also achieved a good reputation for training only makes a certification from this company a lot more valuable.
Oracle's Performance over the Fiscal Year
The fiscal year 2011 has been one in which the company definitely took charge with regard to growth. The 1st quarter recorded $7.5 billion revenue, the 2nd demonstrated improvement with $8.6 billion followed by a third quarter yielding $8.8 billion as revenues. The fourth quarter of the fiscal year is the one in which the company resorts to some large discounting in order to meet the objectives for the year. The company has noticeably been working its way gradually toward the $10 billion objective that was set at the beginning of the 2010- 2011 year.
Oracle's Strengths
A big part of the recognition for the company's fantastic performance goes to its software update and support. This area alone has yielded $4 billion, up by 15% from the last fiscal year based on this Information Week report. The company's software sales touched record highs this fiscal year and the Exadata and Exalogic systems also added quite substantially to the revenues. Other than this, software application products, middleware and enterprise database businesses have also shown impressive growth certainly indicating that the detrimental effects of the recession have worn off.
A Growing Market for Oracle Database Solutions
Oracle CEO Larry Ellison states that Oracle's database business has grown at its fastest ever pace in a decade during this time period. The fact that Oracle has kept pace with new developments and trends in the market is a major reason for the sustained progress observed here. The company has incorporated functions to allow cloud computing and in- memory databases to the Oracle database. This has worked handsomely by bringing about increased sales. As a growing number of businesses appreciate the immense possibilities of implementing cloud computing systems, there is guaranteed to be a rising demand for databases which have already provided these features.
Great Opportunities for Oracle Trained Professionals
Oracle has definitely established itself as a leader in the software segment and the organization is looking ready to lead the race in the near future. As an increasing number of core business clients of this organization restart spending post recession, the potential customers for the company's products are only going to get better. Therefore the present time is fantastic for software gurus to enhance their oracle apex training courses skills to match the needs which will soon present themselves in the market. While the organization develops from strength to strength, it is very clear that oracle adf training courses will permit software professionals to piggy back on the company's success. The undeniable fact that Oracle has also achieved a good reputation for training only makes a certification from this company a lot more valuable.
About the Author:
Colin Coffey has more than 25 years of practice as an IT expert and CTO. Through the years, he has acknowledged a grand need among big corporations for enlightening resources and workplace tools for Oracle training programs which include Oracle ADF training, Oracle APEX training, as well as other oracle courses.
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