Take a Look at Oracle’s Fiscal Q1 2019 Cloud Business
Oracle (ORCL), the leading database management provider, continues to streamline its cloud business by combining its SaaS (Software as a Service) and PaaS (Platform as a Service) revenues with its on-premise business. In the reported quarter, ERP (Enterprise Resource Planning), which includes HCM (human capital management) and fusion ERP, gained 30% YoY (year-over-year). In the same quarter, both PaaS and IaaS (Infrastructure as a Service) revenue increased ~20% YoY.