My answer on Quora to “How is Oracle’s financial and strategic performance?”
Answer by Sten Vesterli:
Financially, they have hit pretty close to their targets and their stock has been steady around 40 for the last year. Oracle has been working hard to increase the share of revenue from cloud services, including bundling on-premise deals with a lot of “cloud credits” they can count as cloud revenue. Since they haven’t had significant cloud business until recently, everybody is waiting to see if customers will renew.
Strategically, they are using their massive cash hoard and strong cash flow from existing customers to increase their cloud offerings, both by rolling out new services and by buying cloud providers like NetSuite. In vendor comparisons, Oracle’s cloud offerings are currently way behind the market leaders. But they have a strong commitment and strong financial resources, so they will eventually become a significant cloud player.