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CLAIM #47385 · ORCL (ORCL) · 2025Q2 earnings call · Dec 9, 2024 · due May 31, 2025

That also, though, has grown from zero to 100 million-plus run rate, already past 100 million and will be hundreds of millions probably as an exit.

Lawrence Ellison · Chairman and CTO

PENDING
graded after results covering May 31, 2025 are reported

In context

s for taking my question. It's impressive to see OCI growth 52% and even database-as-a-service up 28%. So as you execute on your multi-cloud strategy, can you provide some color on the database migration to cloud or even database-as-a-service traction? And what are you hearing from customers as they prepare to migrate on-prem database to cloud? And how should we think about the contribution to revenue going forward? Lawrence Ellison: Well… Safra Catz: You go ahead, Larry and then I'll finish. You go ahead. Lawrence Ellison: All right, let me start. As I mentioned and as you caught in my talking, 28%, it's now annualized revenue, just the cloud database services of $2.2 billion. And imagine most -- that is mostly -- nearly entirely OCI without even the database at AWS and Azure and Google. That also, though, has grown from zero to 100 million-plus run rate, already past 100 million and will be hundreds of millions probably as an exit. So these cloud regions have only started opening. As I mentioned, though, we do now have 17 open and twice as many opening. So I think what you're going to see is the database, as it moves to the cloud, is really only at the beginning. In addition though, I want to remind you that Cloud@Customer and our Alloy partners are also contributing to this. And we have an enormous pipeline of customers who want to bring their databases to the cloud, but one of -- but a number of them want to do it in their own dedicated regions that are just their own for either regulatory reasons or sovereignty reasons, again an offering that only we have, that none of our competitors have. Lawrence Ellison: Yes. Again, Microsoft is the only partner where we -- where the contract is more than a year old. So Googl

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SEC filings for ORCL · Claim quote is verbatim from the 2025Q2 earnings call.