Cloud, SaaS boost Oracle sales, but competition exacts costs
CIO Business Intelligence
MARCH 11, 2022
While that cloud growth is good news for Oracle, it is still trailing market leaders Microsoft, AWS and Google. billion; sales and marketing expenses, which rose 5% to $2 billion, and R&D costs, which increased 12% to $1.8 OCI consumption, which includes autonomous database, was up 93%, also higher than last quarter,” Catz said.
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