Breaking Analysis: It's Larry's World, We Just Live In It
theCUBE, Saturday, September 14th, 2024
Oracle Corporation is seeing renewed business momentum powered by a combination of an entrenched database business, years of investment in cloud infrastructure, an integrated application suite and AI technologies that are being infused throughout its product line.
This includes its autonomous database, 23ai, Exadata/Exascale, other Oracle infrastructure and its vast applications portfolio. Oracle has a highly differentiated strategy that is hitting on most if not all cylinders. And it appears the best is yet to come. It's one reason that, year to date, the stock is up 54%, compared to the Nasdaq which is up 19% as of the recording of this recording.
In this Breaking Analysis, we share our analysis of Oracle CloudWorld, held this week in Las Vegas. We'll explore highlights from the event, examine the firm's differentiated stack and look at some survey data from ETR that supports our thesis.