Oracle reports first quarter revenue of $8.6B, as the company gears up to announce a new version of its namesake database next week.
Oracle brings cloud servers on-premises with the new Oracle Cloud Machine.
The impact of the cloud on Oracle's business is now obvious.
More than ever, the future of Oracle's success is tied to the cloud.
He may have made fun of the term "cloud" back in 2009, but today Larry Ellison is singing a different tune.