{"id":77,"date":"2006-09-21T14:38:01","date_gmt":"2006-09-21T22:38:01","guid":{"rendered":"http:\/\/www.formtek.com\/blog\/?p=77"},"modified":"2006-09-21T14:38:01","modified_gmt":"2006-09-21T22:38:01","slug":"oracle-profits-soar","status":"publish","type":"post","link":"https:\/\/formtek.com\/blog\/oracle-profits-soar\/","title":{"rendered":"Oracle Profits Soar"},"content":{"rendered":"\n\n
\"Oracle\u00a0<\/td>\nOracle<\/a> surprised analysts and announced<\/a> impressive earnings and growth across the board for their 2007 Q1 period ending August 31st.<\/td>\n<\/tr>\n<\/table>\n

In terms of Oracle’s middleware vision and product direction, the strong\u00a0results that Oracle reported this week make sense.\u00a0 At least for the last couple of years I’ve\u00a0been impressed with Oracle’s commitment to standards and solid work they’ve done on their Java-based middleware.\u00a0 Their best-in-class JDeveloper<\/a> IDE and their contributions to\u00a0the\u00a0MyFaces<\/a> JSF project\u00a0are good\u00a0examples.\u00a0\u00a0Oracle’s work with SOA and Web Services, JSR-168<\/a>, XML DB<\/a>, and Content DB<\/a> are other examples.\u00a0<\/p>\n

After being burdened with $20 Billion<\/a> in debt from acquisitions over the last three years though, I think that few people expected Oracle to execute so effectively during 2007 Q1 given the challenges of their on-going multi-app\u00a0Fusion<\/a> project to stitch together PeopleSoft, JD Edwards and Seibel Systems.\u00a0<\/p>\n

Long-term, Oracle’s future is still very dependent on the success of Fusion.\u00a0 Oracle’s updates about the project haven’t always been consistent,\u00a0and people have questioned the chances of its success.\u00a0 If Oracle can deliver on Fusion, they will be a very strong competitor.<\/p>\n

At this week’s conference call, Oracle CFO Sandra Katz said “Oracle had another very strong quarter with outstanding performance across all product lines and geographies.\u00a0 We raised guidance heading into Q1 following a blowout Q4 and still exceeded on every metric.\u00a0 This is our strongest Q1 license growth in more than\u00a0five years and there is no doubt that we are gaining market share across all product lines.”\u00a0<\/p>\n

This is impressive because Q1 sales for Oracle are typically weak\u00a0compared to\u00a0Q4.\u00a0 The integration costs of the their Fusion project were expected to drain Oracle for some time into the future.\u00a0\u00a0Part of the reason for these good results may be that customers concerned during\u00a0the period of Oracle’s\u00a0turbulent acquisitions may have held back their purchases and have now decided they can wait no longer.<\/p>\n

Strong growth by Oracle in the Applications business was particularly impressive — year-on-year growth of 78%.\u00a0 During the announcement Oracle made frequent comparisons to SAP and comments of increased market share.<\/p>\n

Bill Wohl, vice president of product and solutions public relations at SAP shot back<\/a> that “Larry Ellison’s statements in today’s Oracle earnings press release about SAP’s product and acquisition strategy are a complete misrepresentation”.<\/p>\n

Another\u00a0interesting fact that came out of\u00a0 the Oracle announcement is that they’ve experienced 49% year-on-year growth in their On Demand business unit.\u00a0 This may be from their integration of the Seibel On Demand, but it is another data point on the growth\u00a0potential of the SaaS model.<\/p>\n

In a separate\u00a0announcement<\/a> this week, Oracle’s Content DB and Records Management components have now become available on most of Oracle’s supported platforms.<\/p>\n

Update:<\/font>\u00a0 Today Russ Stalters<\/a> had an interesting analysis of Oracle’s Content DB pricing, questioning whether the pricing really fits their slogan of “ECM for the Masses”.<\/p>\n

Formtek<\/a> is an Oracle partner.<\/p>\n

\"Digg<\/a><\/div>
\"Reddit<\/a><\/div>
\"Stumble<\/a><\/div>
\"Buzz<\/a><\/div>
\"Vote<\/a><\/div>
\"Share<\/a><\/div>
\"Bookmark<\/a><\/div>
\"Kick<\/a><\/div>
\"Shout<\/a><\/div>
\"Share<\/a><\/div>
\"Bookmark<\/a><\/div>
\"Post<\/a><\/div>
\"Google<\/a><\/div><\/div>","protected":false},"excerpt":{"rendered":"

\u00a0 Oracle surprised analysts and announced impressive earnings and growth across the board for their 2007 Q1 period ending August 31st. In terms of Oracle’s middleware vision and product direction, the strong\u00a0results that Oracle reported this week make sense.\u00a0 At…<\/span><\/p>\n

Read more ›<\/a><\/div>\n

<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10,12,13,29],"tags":[],"class_list":["post-77","post","type-post","status-publish","format-standard","hentry","category-content-management","category-document-mangement","category-enterprise-content-management","category-saas"],"_links":{"self":[{"href":"https:\/\/formtek.com\/blog\/wp-json\/wp\/v2\/posts\/77","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/formtek.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/formtek.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/formtek.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/formtek.com\/blog\/wp-json\/wp\/v2\/comments?post=77"}],"version-history":[{"count":0,"href":"https:\/\/formtek.com\/blog\/wp-json\/wp\/v2\/posts\/77\/revisions"}],"wp:attachment":[{"href":"https:\/\/formtek.com\/blog\/wp-json\/wp\/v2\/media?parent=77"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/formtek.com\/blog\/wp-json\/wp\/v2\/categories?post=77"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/formtek.com\/blog\/wp-json\/wp\/v2\/tags?post=77"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}