This IDC study provides market intelligence details for Oracle's FY 2Q13. Detailed descriptions of select products and the Oracle PartnerNetwork (OPN) are also included.
"According to Oracle President Mark Hurd, applications, middleware, and database all had double-digit growth in new software license and cloud subscriptions, with applications leading the pack with growth of over 30% [year over year]. Continuing investments in vertical market-specific applications helped to grow the applications revenue, as did the addition of over 3,000 quota-carrying sales resources over the past six months. Cloud computing generated $230 million in quarterly revenue, leading to a $1 billion annual run rate, if sustained throughout the fiscal year." - Mike Fauscette, group vice president, Software Business Solutions