Oracle quietly plotting ambitious cloud computing plan

18.04.2012

Oracle is still ramping up customer adoption, but quoting Oracle President Mark Hurd as saying that SaaS applications already bring in $1 billion worth of revenue.

"They're a bit late to the game, but there's still a tremendous amount of upside for SaaS in the market," Hamerman says. "The market is still going to evolve and grow substantially, so they're not out of the game."