REDWOOD SHORES, Calif., May 14,
2018 /PRNewswire/ -- Oracle today announced that IDC
has recognized the momentum and growth of Oracle Cloud. According
to the IDC Public Cloud Services Tracker, April, 2018¹, Oracle
gained the most share out of all Enterprise Applications SaaS
vendors in CY'2016 as well as CY'2017. In addition, the same report
found that Oracle grew the fastest out of the top 10 PaaS vendors
in CY'2016 as well as CY'2017.
"Oracle Cloud is redefining how organizations modernize,
innovate and compete," said Thomas
Kurian, president, product development, Oracle. "Regardless
of where organizations want to start their cloud journeys, Oracle
delivers complete and integrated cloud services that deliver faster
innovation and business transformation. We believe that the results
from the latest IDC Public Cloud Services Tracker further
demonstrate the value Oracle Cloud provides."
IDC's Worldwide Semiannual Public Cloud Services Tracker®
monitors public cloud services with frequent releases of semiannual
revenue estimates. It tracks and details individual public cloud
services providers' historical business performance and forecasts
market sizes five years into the future — across 53 geographies and
up to 80 discrete market segments. In the report, Enterprise
Applications SaaS refers to the IDC markets CRM, Enterprise
Resource Management (including HCM, Financials, Procurement, Order
Management, PPM, EAM), Engineering, SCM, Operations and
Manufacturing Applications.
Oracle provides its customers with a unique advantage as it is
the only company in the world to deliver a complete cloud
portfolio, spanning Infrastructure as a Service (IaaS), Platform as
a Service (PaaS) and Software as a Service (SaaS). Today,
organizations in 195 countries and territories process more than 55
billion transactions a day through the Oracle Cloud. To learn more
about how organizations around the globe are rapidly adopting
Oracle Cloud solutions, see: Organizations Worldwide Turn to Oracle
Cloud to Fuel their Modernization Efforts
¹ IDC's Worldwide Semiannual Public Cloud Services Tracker®,
27 April, 2018 [Enterprise
Applications SaaS refers to the IDC markets CRM, Enterprise
Resource Management (including HCM, Financials, Procurement, Order
Management, PPM, EAM), Engineering, SCM, Operations and
Manufacturing Applications.]
About Oracle
The Oracle Cloud offers complete SaaS
application suites for ERP, HCM and CX, plus best-in-class database
Platform as a Service (PaaS) and Infrastructure as a
Service (IaaS) from data centers throughout the Americas,
Europe and Asia. For more information about Oracle
(NYSE:ORCL), please visit us at oracle.com.
Trademarks
Oracle and Java are registered trademarks
of Oracle and/or its affiliates. Other names may be trademarks of
their respective owners.
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SOURCE Oracle