Latest news with #Valoir
Tahawul Tech
2 days ago
- Business
- Tahawul Tech
Oracle anticipates strong demand for its cloud offerings
Oracle recently raised its annual revenue growth forecast in anticipation of a solid demand for its cloud offerings from companies deploying AI, sending its shares up more than 7%. For fiscal year 2026, Oracle expects total revenue to be at least $67 billion, Safra Catz CEO said on a post-earnings call. With the new forecast, annual revenue is expected to grow by around 16.7%, compared with Oracle's prior projection of a 15% growth. 'We expect our total cloud growth rate — applications plus infrastructure — will increase from 24% in fiscal year 2025 to over 40% in fiscal year 2026', Catz said. The company's growth is largely supported by its Oracle Cloud Infrastructure solution and support for AI workloads. Oracle's confidence in OCI revenue comes with good reason, said Rebecca Wettemann, CEO of industry analyst firm Valoir. 'The multi-cloud approach and the increasing reliance of Oracle enterprise application cloud customers on OCI to support their enterprise data needs are important drivers'. The company's willingness and ability to embed generative AI capabilities in its cloud suite of applications at no additional cost have reduced adoption barriers and encouraged experimentation, Wettemann added. Source: Reuters Image Credit: Oracle/Stock Image
RTÉ News
2 days ago
- Business
- RTÉ News
Oracle raises annual forecast on robust cloud services demand
Oracle has raised its annual revenue growth forecast, betting on robust demand for its cloud offerings from companies deploying artificial intelligence, sending its shares up more than 7% after the bell on Wall Street last night. For fiscal 2026, Oracle expects total revenue to be at least $67 billion, CEO Safra Catz said on a post-earnings call. With the new forecast, annual revenue is expected to grow by around 16.7%, compared with Oracle's prior projection of a 15% growth. "We expect our total cloud growth rate - applications plus infrastructure - will increase from 24% in fiscal year 2025 to over 40% in fiscal year 2026," Catz said. The company's growth is largely supported by its Oracle Cloud Infrastructure solution and support for AI workloads. Oracle's confidence in OCI revenue comes with good reason, said Rebecca Wettemann, CEO of industry analyst firm Valoir. "The multi-cloud approach and the increasing reliance of Oracle enterprise application cloud customers on OCI to support their enterprise data needs are important drivers," she said. The company's willingness and ability to embed generative AI capabilities in its cloud suite of applications at no additional cost have reduced adoption barriers and encouraged experimentation, Wettemann added. Revenue for the quarter ended May 31 stood at $15.90 billion, beating analysts' estimate of $15.59 billion. Quarterly revenue at Oracle's largest unit, cloud services and license support, came in at $11.70 billion, a 14% increase from last year.
New Straits Times
2 days ago
- Business
- New Straits Times
Oracle soars after raising annual forecast on robust cloud services demand
NEW YORK: Oracle raised its annual revenue growth forecast on Wednesday, betting on robust demand for its cloud offerings from companies deploying artificial intelligence, sending its shares up more than 7 per cent after the bell. For fiscal 2026, Oracle expects total revenue to be at least US$67 billion, CEO Safra Catz said on a post-earnings call. With the new forecast, annual revenue is expected to grow by around 16.7 per cent, compared with Oracle's prior projection of a 15 per cent growth. "We expect our total cloud growth rate — applications plus infrastructure — will increase from 24 per cent in fiscal year 2025 to over 40 per cent in fiscal year 2026," Catz said. The company's growth is largely supported by its Oracle Cloud Infrastructure solution and support for AI workloads. Oracle's confidence in OCI revenue comes with good reason, said Rebecca Wettemann, CEO of industry analyst firm Valoir. "The multi-cloud approach and the increasing reliance of Oracle enterprise application cloud customers on OCI to support their enterprise data needs are important drivers." The company's willingness and ability to embed generative AI capabilities in its cloud suite of applications at no additional cost have reduced adoption barriers and encouraged experimentation, Wettemann added. Revenue for the quarter ended May 31 stood at US$15.90 billion, beating analysts' estimate of US$15.59 billion. Quarterly revenue at Oracle's largest unit, cloud services and license support, came in at US$11.70 billion, a 14 per cent increase from last year. Excluding items, the company earned US$1.70 per share in the fourth quarter, compared with estimates of US$1.64 apiece.
CNA
2 days ago
- Business
- CNA
Oracle soars after raising annual forecast on robust cloud services demand
Oracle raised its annual revenue growth forecast on Wednesday, betting on robust demand for its cloud offerings from companies deploying artificial intelligence, sending its shares up more than 7 per cent after the bell. For fiscal 2026, Oracle expects total revenue to be at least $67 billion, CEO Safra Catz said on a post-earnings call. With the new forecast, annual revenue is expected to grow by around 16.7 per cent, compared with Oracle's prior projection of a 15 per cent growth. "We expect our total cloud growth rate — applications plus infrastructure — will increase from 24 per cent in fiscal year 2025 to over 40 per cent in fiscal year 2026," Catz said. The company's growth is largely supported by its Oracle Cloud Infrastructure solution and support for AI workloads. Oracle's confidence in OCI revenue comes with good reason, said Rebecca Wettemann, CEO of industry analyst firm Valoir. "The multi-cloud approach and the increasing reliance of Oracle enterprise application cloud customers on OCI to support their enterprise data needs are important drivers." The company's willingness and ability to embed generative AI capabilities in its cloud suite of applications at no additional cost have reduced adoption barriers and encouraged experimentation, Wettemann added. Revenue for the quarter ended May 31 stood at $15.90 billion, beating analysts' estimate of $15.59 billion. Quarterly revenue at Oracle's largest unit, cloud services and license support, came in at $11.70 billion, a 14 per cent increase from last year.
Yahoo
16-04-2025
- Business
- Yahoo
The Hidden Cost of the SMB Tech Stack: Confusing, Fragmented, and Far Too Expensive
Small businesses are overpaying for tools that don't integrate. Nimble Sales and Marketing offers a better path. SANTA MONICA, Calif., April 16, 2025--(BUSINESS WIRE)--Nimble, the sales and marketing engagement platform designed specifically for small business growth, is highlighting the costly realities behind today's fragmented sales and marketing tech stacks. Small businesses, already stretched thin, are increasingly forced into complex, disconnected toolsets with confusing pricing models and hidden upgrade costs. What should be straightforward—building customer relationships and driving growth—has become expensive and complicated. "Small businesses are being nickel-and-dimed just to manage basic sales and marketing functions," said Jon Ferrara, CEO of Nimble. "You start with a CRM, but it won't handle marketing emails. Then you add an email marketing solution, but it doesn't manage sales outreach. Soon, you're trapped, juggling multiple disconnected platforms, each adding unnecessary costs and complexity without ever truly working together." Too Many Tools, Too Little Integration Most small businesses use a patchwork of disconnected apps for core functions such as contact management, lead capture, sales outreach, workflow automation, and email marketing. The result is often a tangled web of logins, data silos, surprise costs, and frustrating feature limitations. "Nimble's integrated approach to CRM and Email marketing streamlines customer engagement by aligning sales and marketing teams on a single platform," said Rebecca Wettemann, CEO and Principal Analyst at Valoir. "This unified approach eliminates silos, enabling teams to collaborate with less friction. With built-in automations and a shared customer view, businesses can drive meaningful interactions, improve efficiency, and accelerate growth while streamlining technology management." Small businesses frequently spend thousands per user per month on sales and marketing tools that still leave teams fragmented and unproductive. Nimble's Solution: One Unified Platform for Sales and Marketing Nimble replaces complexity with simplicity, providing an integrated solution designed to unify teams, eliminate silos, and scale seamlessly: CRM & Deal Pipelines: Manage prospects and customer relationships efficiently—replacing costly CRMs like Salesforce ($100/user/month) and Pipedrive ($49/user/month). Lead Enrichment: Automatically enrich contact profiles with social insights and company data, eliminating expensive tools like ZoomInfo ($417/user/month) and ($59/user/month). LinkedIn & Social Prospecting: Capture leads directly from LinkedIn, X (formerly Twitter), and webpages, replacing LinkedIn Sales Navigator ($100/user/month). Email Outreach & Automation: Send personalized email sequences with built-in tracking and automation, eliminating the need for ($100/user/month) or HubSpot Sales ($100/user/month). Workflow & Task Automation: Automate tasks, internal handoffs, and lead follow-ups without relying on tools like Asana or Zapier. Custom Workflow Boards: Organize deals, onboarding, and support visually, eliminating the need for platforms like Trello and ClickUp. Email Marketing Campaigns: Create and send professional email campaigns at scale without separate, costly platforms like HubSpot Marketing ($846/month) or ActiveCampaign for CRM/Sales Outreach/Marketing ($754/month). Web Lead Capture: Integrate web forms directly into Nimble, removing dependency on services like Typeform ($100/year) and WP Forms ($100/year). Everything You Need in One Place "Nimble dramatically simplified my sales and marketing tools," said Viveka von Rosen, Founder of Beyond the Dream Board. "Previously, multiple disconnected apps drained my budget and time. Nimble brought everything into one easy-to-use sales and marketing platform, streamlining workflows, cutting costs, and freeing me to focus on building meaningful relationships." Reclaim Your Budget and Time With small businesses reassessing bloated technology stacks, Nimble leads the way in offering a smarter, unified sales and marketing alternative. Upcoming AI-powered enhancements will further solidify Nimble as a robust growth engine, helping small businesses achieve more with less. About Nimble Nimble powers customer relationships and business growth through an integrated sales and marketing platform. Unifying CRM, sales automation, email marketing, and prospecting tools into one intuitive solution, Nimble simplifies customer engagement, optimizes communications, and accelerates business growth. Get Started with Nimble Today Try Nimble free for 14 days to experience how our unified platform can streamline your stack and grow your business. Learn more at View source version on Contacts Media Contact: Michaela Underdahlmichaela@ Sign in to access your portfolio
