Piper Jaffray Remains Bullish on Oracle (ORCL) Following 1Q16 Earnings

Oracle Propels Innovation for Midsize Organizations With Oracle Applications Cloud

REDWOOD SHORES, CA -- (Marketwired) -- 09/17/15 -- To help midsize organizations simplify complexity, grow faster, differentiate from competitors, and better serve their customers, Oracle (NYSE: ORCL) announced Oracle Applications Cloud for midsize companies. It spans critical business functions and includes Customer Experience (CX) for Midsize, Enterprise Resource Planning (ERP) for Midsize, and Human Capital Management (HCM) for Midsize. The new software-as-a-service (SaaS) offerings deliver a consistent user experience, single version of the corporate truth, and are simple to deploy, secure, and intuitive. They enable midsize organizations to adopt modern best practices, increase business agility,... More

Cloud SaaS and PaaS Revenues up 34% in U.S. Dollars and up 38% in Constant Currency

REDWOOD SHORES, CA -- (Marketwired) -- 09/16/15 -- Oracle Corporation (NYSE: ORCL) today announced fiscal 2016 Q1 results. The strengthening of the U.S. dollar compared to foreign currencies had a significant impact on results in the quarter. Total Revenues were $8.4 billion, down 2% in U.S. dollars but up 7% in constant currency. Cloud plus On-Premise Software Revenues were $6.5 billion, down 2% in U.S. dollars and up 6% in constant currency. Total Cloud Revenues were $611 million, up 29% in U.S. dollars and up 34% in constant currency. Cloud software as a service (SaaS) and platform as a service... More

Rimini Street Announces Next Phase of Growth Strategy for Japan, Appoints New Country Leadership

SAP veteran to lead Phase III market expansion efforts as Oracle and SAP customers increasingly consider independent maintenance

LAS VEGAS--(BUSINESS WIRE)-- Rimini Street, Inc., the leading independent provider of enterprise software support services for SAP SEs (NYSE: SAP) Business Suite and BusinessObjects software and Oracle Corporations (NYSE:... More