Oracle Wants to Be the King of Cloud

The transcript discusses Oracle's cloud business growth, highlighting a significant increase in cloud revenue and growth rates. Oracle's cloud services, though a small part of its revenue, are expanding rapidly. The company is projecting even higher growth rates for the next quarter. Industry leaders like Larry Ellison and Marc Benioff are optimistic about the cloud's future. The transcript also touches on Oracle's strategy to integrate on-premise and cloud solutions, similar to Amazon Web Services, and the potential need for more acquisitions to sustain growth.

What does the speaker suggest about the shift of IT to the cloud over the next decade?

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In what ways is Oracle's approach to cloud services changing?

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