CLAIM #47364 · ORCL (ORCL) · 2025Q1 earnings call · Sep 9, 2024 · due Sep 9, 2025
“So we think that obviously, moving with Oracle database available in AWS, Microsoft and Google is incredibly important. And Safra said it right, I mean it will absolutely accelerate database growth in the public cloud.”
Lawrence Ellison · Chairman and CTO
In context
“companies, medium large-sized companies that will decide to have an Oracle private cloud. I mean it's still -- there's no difference between our private cloud and the public cloud. They are identical. They're absolutely identical. And a bunch of people have Oracle -- have a private cloud, a bunch of industrial companies, Vodafone has six Oracle private clouds, for example, to run their workloads. But they're becoming so inexpensive that anyone can decide, okay, I want to move to the cloud. I want all the advantages of the cloud, but I want to make sure that I'm the only one in the cloud. I don't want any neighbors or I want only approved neighbors. I don't want someone with a credit card moving in. I'm just paranoid about security where I've got government regulations I have to adhere to. So we think that obviously, moving with Oracle database available in AWS, Microsoft and Google is incredibly important. And Safra said it right, I mean it will absolutely accelerate database growth in the public cloud. But we expect that private clouds will greatly outnumber public clouds as companies decide they want the Oracle Cloud behind their firewall in their data center with no neighbors. And we -- because we've gotten our data center -- our data centers are so automated and they're scalable, and they're all identical in terms of function, we're organized. So we can -- actually, we have 162 data centers now. I expect we will have 1,000 or 2,000 or more data centers -- Oracle data centers around the world, and a lot of them will be dedicated to individual banks or telecommunications companies or technology companies or what have you or nation states, sovereign clouds, all of this other stuff. So we think -- it's hard for me to predict whether the private clouds or the public cloud which is going t”
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SEC filings for ORCL ↗ · Claim quote is verbatim from the 2025Q1 earnings call.