1. Oracle does very well in the premier version of the Gartner Magic Quadrant for “Cloud Core Financial Management Suites for Midsize, Large and Global Enterprises”. Only Oracle’s ERP cloud and Workday are in the Leader’s quadrant, and Oracle’s NetSuite subsidiary just barely missed getting there.
2. Oracle had a very impressive cloud performance in its recently finished fiscal year. Cloud revenue growth at 66%, at $6 billion annualized run rate. ERP was up 156% organically, and that did not include NetSuite, whose growth itself has accelerated since the Oracle acquisition. 1,575 new SaaS customers were signed in the last quarter. And it did not include any revenues from a whopping deal with AT&T which over the next few years could move many of its over 10,000 Oracle databases to the cloud.
3. Oracle Team USA got clobbered in the first 4 races in the America’s Cup. The Kiwi challengers are using leg power instead of arm power – cyclors instead of grinders and in other ways are showing masterful execution and won each of the races comfortably. If they win 4 more they will clinch the Cup. Oracle has to win 7. After their biggest comeback in any sporting event in the 2013 Cup, the Oracle team could, of course, do it again.
They say bad luck comes in threes, so why not good luck? My Irish wife reminds me it works for a shamrock. So I will invoke Gartner again, and I say that with a probability of 0.7 🙂
(Cross-posted @ Deal Architect)