Oracle (ORCL) Cloud Fuels Panasonic's Digital Transformation [Yahoo! Finance]
Oracle Corporation (ORCL)
Last oracle corporation earnings: 3/12 04:02 pm
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Source: Yahoo! Finance
Co., Ltd. (“Panasonic IS”), the IT arm of Panasonic Holdings Corporation, to power its extensive internal systems migration in a significant move that underscores the growing adoption of cloud-based solutions among global enterprises. This strategic decision not only highlights Oracle's strengths in delivering high-performance, cost-effective cloud database solutions but also signals a broader industry shift toward modernizing IT infrastructure to maintain competitiveness in a rapidly evolving digital landscape. Panasonic IS' ambitious project involves migrating more than 2,000 database environments from hundreds of internal systems to Oracle's cloud platform. The initial phase, which saw the successful transition of 30 systems from on-premises to the cloud, has already yielded impressive results, with Panasonic IS reporting a nearly 50% reduction in database infrastructure costs. Such substantial savings early in the migration process bode well for the potential long-term financi
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News
- Oracle (ORCL) Expands Cloud Presence in Spain With $1B Outlay [Yahoo! Finance]Yahoo! Finance
- Oracle Corporation (NYSE:ORCL) is largely controlled by institutional shareholders who own 44% of the company [Yahoo! Finance]Yahoo! Finance
- Larry Ellison's Sailing League Gets Brazil Expansion Team Owned by Mubadala [Yahoo! Finance]Yahoo! Finance
- Larry Ellison's Sailing League Gets Brazil Expansion Team Owned by Mubadala [Financial Post (Toronto, Ontario, Canada)]Financial Post
- Larry Ellison's Sailing League Gets Brazil Expansion Team Owned by Mubadala [BNN Bloomberg (Canada)]BNN Bloomberg
ORCL
Earnings
- 6/11/24 - Beat
ORCL
Sec Filings
- 6/21/24 - Form 4
- 6/20/24 - Form 144
- 6/20/24 - Form 10-K
- ORCL's page on the SEC website