Oracle makes suspect claim during earnings call

Oracle has reported revenues of $9 billion during its latest quarterly earnings call, but its assessment of the global SaaS market was wide of the mark.
Cloud SaaS and PaaS revenues were $878 million, up 81%, with the IaaS business collecting $175 million representing a less-than-enthralling growth of 6%. The company’s shift into cloud computing has been slow, after Executive Chairman Larry Ellison dismissed the importance of the technology in the early days, but there does seem to be some