Oracle: On-demand world the future
December 1, 2006[From InfoWorld]
When it comes to Oracle Corp.'s on-demand software business, the normally outspoken vendor has tended to be somewhat reticent about how it defines both the scope and focus of its operation. Recently, however, the company has begun to talk more openly about software-as-a-service (SaaS), an approach that it sees as applicable to all Oracle offerings.
Earlier this month, Oracle revealed it had more than 2,200 on-demand customers, representing more than 1.7 million users. In its most recent financial quarter ended Aug. 31, 2006, the vendor reported that its on-demand revenue rose 48.8 percent to $125 million, compared with the year-ago quarter.
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