13-02-2018 23:27 via feedproxy.google.com

BARCLAYS: Oracle just needs one 'last missing piece' in its cloud business — but it's a big one (ORCL)

Analysts at Barclays believe that customer acceptance is Oracle's last big hurdle when it comes to the success of its cloud product, according to a note published Tuesday.
Oracle has been slow to keep up with more aggressive competitors like Amazon Web Services and Microsoft Azure.
Nonetheless, Barclays said they are convinced that the "enterprise nature" of Oracle's cloud offering brings something to the table for businesses that its competitors can't. Oracle was late to the game in the bo
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