Latest News

Suncorp drives AI more deeply into insurance processes

Super funds to test coordinated cyber attack response

CBA's AI Companion is expected to face some hard questions

NBN Co's use of SaaS drives up its IT costs

NAB's long-time technology executive Patrick Wright to retire

Oracle sees revenue below estimates

By Staff Writer

Sep 12 2023 1:00PM

As cloud spending sputters.

Oracle sees revenue below estimates

Oracle projected current-quarter revenue below Wall Street targets and narrowly missed expectations for the first quarter as a tough economy pressured cloud spending by businesses. After a surge in cloud demand during the pandemic, businesses are rethinking their digitisation plans, hurting ...

Hi! You've reached one of our premium articles. This is available exclusively to subscribers.

It's free to register, and only takes a few minutes.

Once you sign up you'll have unlimited access to the full catalogue of Australia's best business IT content, as well as a daily news bulletin delivered straight to your inbox.

Register now

Already have an account? Log in to read this article.

Got a news tip for our journalists? Share it with us anonymously here.

© 2019 Thomson Reuters. Click for Restrictions.

Tags:

cloud oracle

Partner Content

AI agents are becoming the enterprise's most privileged users. And most organisations don't know it yet

Promoted Content AI agents are becoming the enterprise's most privileged users. And most organisations don't know it yet

Delivering healthcare AI success with sound foundations and a systemic approach

Partner Content Delivering healthcare AI success with sound foundations and a systemic approach

How Canberra Institute of Technology and Cisco put students at the centre of campus design

Partner Content How Canberra Institute of Technology and Cisco put students at the centre of campus design

AI agents are reshaping identity governance, and attackers are already exploiting the gap

Partner Content AI agents are reshaping identity governance, and attackers are already exploiting the gap

SPONSORED RESOURCES

2026 Wasabi Global Cloud Storage Index

2026 Wasabi Global Cloud Storage Index

The Mythos Moment: When AI Outpaces Remediation - How Can Enterprises Respond

The Mythos Moment: When AI Outpaces Remediation - How Can Enterprises Respond

Innovate anywhere with HPE and Azure Local

Innovate anywhere with HPE and Azure Local

Cloud Covered Report: New Zealand

Cloud Covered Report: New Zealand

How healthcare organisations can get more value from cloud

How healthcare organisations can get more value from cloud

Events

Most Read Articles

Westpac plugs five AWS AI agents into core lending processes

Westpac plugs five AWS AI agents into core lending processes

ASX taps Amazon Bedrock to unlock its market data

ASX taps Amazon Bedrock to unlock its market data

AI data centre race builds US$1 trillion lease burden for Big Tech

AI data centre race builds US$1 trillion lease burden for Big Tech

CBA's AI Companion is expected to face some hard questions

CBA's AI Companion is expected to face some hard questions

Sydney-based AI-cloud waste startup raises $3m

Sydney-based AI-cloud waste startup raises $3m

Brennan uses NiCE to modernise its contact centre

Brennan uses NiCE to modernise its contact centre

Impact Awards: Tecala slashes customer response times for fintech IQumulate

Impact Awards: Tecala slashes customer response times for fintech IQumulate

Interactive introduces private cloud platform

Interactive introduces private cloud platform

Digital61 expands cybersecurity portfolio

Digital61 expands cybersecurity portfolio

Most popular tech stories