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1Z0-506 - Oracle Fusion Financials 11g Accounts Receivable Essentials - BrainDump Information

Vendor Name : Oracle
Exam Code : 1Z0-506
Exam Name : Oracle Fusion Financials 11g Accounts Receivable Essentials
Questions and Answers : 123 Q & A
Updated On : October 17, 2018
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1Z0-506 exam Dumps Source : Oracle Fusion Financials 11g Accounts Receivable Essentials

Test Code : 1Z0-506
Test Name : Oracle Fusion Financials 11g Accounts Receivable Essentials
Vendor Name : Oracle
Q&A : 123 Real Questions

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Oracle Oracle Fusion Financials 11g

Oracle forecasts a ‘cloudy’ future for Saudi Arabia | killexams.com Real Questions and Pass4sure dumps

JEDDAH: Oracle, the realm’s main provider of commercial enterprise cloud computing, specializing in the development of database application, business utility and cloud engineered techniques, hosted a modern enterprise discussion board (MBF) in Jeddah on Wednesday.

The day-long forum, held at the Ritz-Carlton lodge, provided keynote displays by means of senior Oracle executives and companions, and was attended by using representatives of main Saudi organizations, entrepreneurs, and businesspeople alike.

The MBF emphasized intelligent cloud purposes, integrated cloud structures, the information superhighway of issues (IoT), blockchain technology, and how synthetic intelligence (AI) as an entire can aid Saudi agencies accelerate their production boom into the 21st century, transferring their company constitution and remodeling to a cloud-based operating equipment.

Oracle’s know-how in AI, computing device getting to know, augmented truth, blockchain, IoT, and human interface applied sciences are, by their own construct, designed to permit purchasers the means to take integrated technology and make advances inside their individual company items and services.

A pioneer in IoT systems, Oracle is the usage of commercial enterprise AI in conjunction with IoT to support purchasers in managing their physical property, while boosting employee productiveness within the technique. The Oracle Cloud system possesses essentially the most inventive of capabilities, including: software as a provider (SaaS), platform as a service (PaaS), infrastructure as a provider (IaaS), and data as a provider (DaaS), empowering companies of all types and sizes onwards of their event towards digital transformation.

As Saudi Arabia continues to diversify its economic system through its imaginative and prescient 2030 agenda, digital transformation is at its core. Neom, the dominion’s $500 billion transnational mega-metropolis is anticipated to heavily contain imaginitive expertise, reminiscent of: Nano, 3D printing, IoT gadgets, electric powered and self-riding vehicles, robotics, and renewable energy.

Oracle vice president for business purposes Kamel Tawil spoke exclusively and at size with Arab information on Wednesday on the multifaceted merits of Oracle’s integrated cloud utility.

“We consider we are on the forefront of expertise. we are in reality using innovation in both the general public and private sectors, and we are very excited to be in Saudi Arabia since the complete country is remodeling within all industries, and we're honored to give value and contribution to this nation,” he talked about.

“With the evolution of synthetic intelligence, sensor-primarily based expertise, and big data, we are a special sort of software so as to book you on what to do. Predictive intelligence will now merge together between robotics and software to provide you with the subsequent optimal action. So these days the software can book you, let you know, and aid you in making the right choices.”

The discussion board touched upon some unique survey facts relating to Saudi Arabia. PricewaterhouseCoopers (PwC), a multinational approach consulting and information analytics company, has expected that AI will add $15 trillion to the international economy by using 2030, despite the fact that few organizations are presently pursuing critical AI implementations within their companies.

actually, according to McKinsey Consulting Co., handiest 20 p.c of AI-mindful enterprises are presently adopters of this expertise. PwC experiences that the center East is anticipated to accrue 2 percent of the full global benefits of AI via 2030, reminiscent of $320 billion. The biggest of these features is anticipated in Saudi Arabia, the place AI is anticipated to make a contribution greater than $135.2 billion, such as 12.four percent of gross home product.

“This conversion of technology, synthetic intelligence, huge facts, and connectivity, is truly disrupting business modules. we've businesses that disappeared and new agencies that are taking over, reminiscent of these taxi service organizations that own zero taxis — they have got changed the total panorama of transportation,” Tawil endured. “The implications of which are basically going past know-how itself, and are in reality worrying and altering very ancient industries.

“We consider artificial intelligence is the next large issue. We accept as true with synthetic intelligence coupled with big records, connectivity, and sensor know-how goes to alternate the way we work.

“We at Oracle are definitely innovating round our commercial enterprise applications, and around our databases. Our latest offering is our self reliant database. constantly, in case you have a database you need to have a database administrator to manipulate it, however with our self sufficient expertise, this database can update itself, freeing beneficial time and materials to do different crucial tasks.”

As for what fields Oracle sees its technology thriving most in, Tawil, who opened the discussion board with an govt welcome speech, believes it directly revolves round Saudi Arabia’s vision 2030.

He stated: “probably the most key initiatives is how to diversify the sources of salary. in my view, i might say that the application of Oracle applied sciences will also be really first-rate in two key fields. One is thru basically empowering the government and altering the general public sector into a more consumer-concentrated, productive, and innovative sector. we've many initiatives and are working with many government entities in that regard. Secondly, which is key, is fueling innovation within the deepest sector. How can we deliver the next wave of entrepreneurs, the subsequent wave of sensible agencies, who can make a contribution to the varied economic increase of Saudi Arabia?”

When looking into particular industries, the overseas information organisation forecasted in 2018 that spending in Saudi Arabia can be the highest in the public sector, monetary services, health care, education and manufacturing.

Oracle has already been current in Saudi Arabia for greater than 30 years, and across all major cities in the Kingdom. Oracle’s consistent growth within Saudi Arabia is driven by way of the success of its valued clientele and this growth has now been additional better with the aid of the swift adoption of cloud options.

“we have fantastic client examples in Saudi Arabia. we've colossal agencies who have embraced our cloud, so in reality that pressure toward the cloud is actually fueling our own business growth,” Tawil remarked.

just a few examples of main Saudi companies that have been outlined in Wednesday’s MBF that have incorporated Oracle Cloud in their working programs include Saudi Telecom business, NADEC, ACWA power, Nahdi scientific, and Zahran protecting Co. All have chosen Oracle Cloud solutions, and all have seen predominant transformative projects obtain boom and improve efficiency.

This long-term dedication from Oracle within Saudi Arabia has translated into large investments, helping businesses of all sizes, both public and private, achieve strategic objectives with digital transformation. recently, Oracle announced plans to open a data center within the Kingdom, additional increasing its footprint via introducing its latest cloud options and making a energetic support infrastructure. It hopes to put in force a series of classes and initiatives geared toward using digital advantage among the many Saudi adolescence and better making ready them for the digital financial system that can be at the forefront of Saudi Arabia in 2030.

“we're basically dwelling in very wonderful instances, where all these applied sciences are now converging, and in reality producing fine consequences within the way we are living, working, and interacting,” Tawil referred to.

Oracle’s own transition to a cloud-first company had garnered a lot of discussion in the IT world — each from optimists and skeptics. “When the complete cloud conception bought delivered, we truly embraced it and transferred all of our functions into cloud-based mostly. We delivered our fusion utility, which is the best pure conclusion-to-conclusion cloud-based utility obtainable these days,” brought Tawil.

“Now, with the new development of cloud-based applied sciences, the know-how is obtainable for anybody. when you are a startup enterprise, before implementing an IT equipment you essential to attend one or two years; now in a few weeks you could have access to the equal device it really is used by way of one of the vital biggest groups on the planet. You don’t need to put money into infrastructure. You don’t need to invest in constructing that facts center. You simply buy the service and you are up and working.”

it is important to observe that a typical false impression of emerging applied sciences, comparable to AI, is that they're a chance to present jobs. “The machines are taking over,” despite the fact a standard narrative, is rarely factually based. On the contrary, new technology in fact prospers when it succeeds in growing the time and house for new jobs.

Automation is all about dashing up the mundane initiatives that commonly absorb useful time for organizations. inventive technology is often geared at reaching greater profitability through efficiency and, in so doing, enables employees to center of attention on more effective projects. It is ready improving people’s choice-making capabilities with the aid of empowering them with enormously principal and positive technology, together with timely data, that in any other case would no longer be possible to collect.

they are the fundamental equipment that Oracle goals to supply toward a vivid and “cloudy” business future for Saudi Arabia.


Oracle evasive after new cloud reporting would not deliver effects | killexams.com Real Questions and Pass4sure dumps

The commercial enterprise expertise dealer has modified the way it experiences cloud revenues, with the first quarter for the economic 12 months yielding terrible outcomes Share

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Oracle would have hoped to be delivering superior information in its first set of income for the 2019 fiscal 12 months this week, having changed the manner it reports cloud revenues. The effects confirmed stagnant income growth, resulting in a pointy drop within the vendor's inventory after hours, so what did Oracle management have to say for themselves?

For context, lower back in June the database specialist announced that it might be changing the style it experiences its cloud consequences each quarter.

the place it used to file two cloud salary segments - software-as-a-provider (SaaS) as one after which a combined figure for Platform-as-a-service (PaaS) and Infrastructure-as-a-carrier (IaaS) as a further, smaller, figure - now it's reporting just one determine: cloud capabilities and licence assist.

read subsequent: Oracle is altering how it experiences cloud revenues, what's it hiding?

So for Q1 2019 the vendor suggested that the cloud features and licence assist section simplest grew three p.c yr-on-year, down from 10 p.c in the last quarter of 2018. total profits become up 1 % to $9.2 billion, which become also behind expectations.

"looking at the 1 p.c complete income increase in Q119, we are able to surmise that the rate of cloud growth has plateaued as on-premise income continue to fall," mentioned Angela eager at Tech Market View. "Barely there increase combined with cloud opacity in Q119 despatched Oracle shares tumbling virtually 5 percent in after hours trading... the wrong clouds appear to be hanging over Oracle."

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    Analysts at KeyBanc Capital Markets have lowered their estimates for Oracle's following few quarters consequently. "Oracle's flow to the cloud is taking longer than expected, is in keeping with what we've heard from the channel, and with decreased disclosures, we have lesser visibility into then company's growth," as said by using CNBC.

    talking on the revenue name after the results the day before today, co-CEO Safra Catz put a courageous face on things.

    "complete cloud revenues grew in all regions and in terms of product classes, ERP grew within the 30 % plus, verticals grew within the forty p.c plus and public cloud, PaaS and IaaS grew in the 20-plus p.c," she pointed out. (All charges from the salary name are by way of seeking Alpha's transcript).

    Mark Moerdler of Sanford Bernstein requested why the newly mixed cloud functions and licence guide turned into down on analyst expectations, best for Catz and co-CEO Mark Hurd to keep away from the situation and blame the effects on currency fluctuations.

    "well, I consider most of - any type of what miss from the numbers you've got changed into that in fact there turned into in reality just a few currency change between after I gave my suggestions and when and what it ended up being," Catz mentioned. "So, it changed into basically double the bad that i was anticipating." Make of that what you'll.

    The difficulty right here is that the brand new reporting mannequin permits Oracle to be extremely vague when it involves its cloud efficiency, leading to frustratingly evasive answers from management.

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    for example: "I consider I talked about the SaaS bookings increase. Our bookings usual in cloud for the quarter accelerated on a expense foundation. The growth expense accelerated. So, that changed into obviously a pretty good indication for us of ordinary bookings growth," Hurd added.

    There changed into further controversy this week as it was printed that president of product construction Thomas Kurian was taking an indefinite go away of absence after reportedly falling out with chairman Larry Ellison over the company's cloud method.

    Hurd become curt on this aspect, telling analysts: "On Thomas Kurian, which I feel become your question. Thomas is a superb man, works tough. he's taken a damage and we are expecting him lower back."

    strategy

    Chairman Larry Ellison attempted to boil down Oracle's cloud imaginative and prescient in one fell swoop the day prior to this, telling traders: "Oracle has two strategic items with the intention to examine our future. Our cloud ERP product is the strategic key to our success within the SaaS applications layer of the cloud. And our autonomous cloud database is the strategic key to our success within the IaaS or infrastructure layer of the cloud."

    Ellison was typically bullish on the name, pushing the road that Oracle will eventually win out as a result of its technical superiority and once more prodding competitors for their reliance on Oracle application to run their own companies.

    "The Oracle database is so much better than different databases. Even our biggest rivals use it to run their groups. Salesforce.com uses Oracle to run their income Automation Cloud. SAP makes use of the Oracle database to run their cloud functions and very nearly all their on-premise valued clientele. Even Amazon makes use of the Oracle database to run most of their business," he spoke of.

    speakme in regards to the company's latest product, the autonomous cloud database, Ellison stated: "We think these compelling advantages will allow us to compete very effectively against Amazon within the infrastructure company. today, we can be in the back of Amazon in infrastructure market share, but we are method ahead of Amazon in cloud infrastructure know-how. We consider so one can enable us to benefit market share in infrastructure within the cloud very, very swiftly."

    Co-CEO Mark Hurd expanded on this, mentioning his view that getting adoption from fellow know-how companies (ISVs) is a superb market sign for the company: "should you beginning seeing these early indications, ISVs stream. and that's one of the reasons I outlined the ISVs. here is really first rate news because ISVs are one of the most discriminating."

    Hurd naturally wanted to push this lengthy-time period outlook too, saying: "i'm attempting to focus here extra on the revenue in future is I suppose the most useful indicator of the place we're. Bookings to us - it turned into an excellent description before we have income. And so, what i'm making an attempt to do now could be hold you concentrated on basically what the prize is, as a result of if the bookings do not translate to revenue, they do not suggest anything to us."

    shoppers

    Hurd favourite to discuss client wins than figures on the call. "i go to try to hold it to a couple of. but, I need to offer you a flavour for one of the wins that - on right of what we did in q4 what we did in Q1, and speak first about ERP and what we did in that category," he spoke of, primarily referencing Academy sports, Conn's and Legg Mason.

    another large-identify win in the quarter for Oracle became Airbnb. "They bought ERP. And Larry mentioned: here's definitely a alternative of Workday Financials at Airbnb," Hurd noted on the salary call.

    He additionally spoke about FedEx's choice to standardise on Oracle: "a normal Oracle person, they purchased a corporation called TNT in Europe that turned into an SAP consumer, and they are now going to standardise all of their ERP on Oracle Fusion ERP. moreover that, they bought payroll from us in the quarter. They happened to be a Workday HCM consumer however bought payroll from Oracle.

    "this is one of the most huge transactions we've had over a path of a few big transactions, however a extremely strategic and critical one with a replacement of SAP as a mixture of a migration of an existing Oracle client.

    "i hope that you may inform through these wins, our SaaS pipeline is at a checklist degree, and to Larry's point, led by way of both ERP. and that is the reason no longer just Fusion now, however the NetSuite growth is cloth and significant. Our pipeline in PaaS is also at the maximum level it's been. And it turned into universal solid quarter for us. looking forward to Safra's point previous, we do are expecting salary growth within the 2nd half to be bigger than final yr and [earnings per share] will grow double digits for the 12 months."


    Oracle Fusion Middleware update -- economic Analyst Webcast | killexams.com Real Questions and Pass4sure dumps

    REDWOOD SHORES, CA--(Marketwire - 04/21/eleven) - Oracle (NASDAQ:ORCL - information) will host an "government access for traders" educational webcast with corresponding slides on Thursday, April 28, 2011, starting at 9:00 a.m. PT.Please join Hasan Rizvi, Senior vp, as he gives an replace on Oracle's Fusion Middleware choices, together with Exalogic. Following a brief presentation, a question & reply session may be held with David Hilal from FBR Capital Markets.Date: Thursday, April 28, 2011Time: 9:00 a.m. PTNo previously unannounced considerations could be mentioned on this webcastListen by the use of the internet: we are able to present live and replay webcasts of the experience, with synchronized slides, at http://www.oracle.com/investor.There is no audio bridge for this adventure. Questions can be asked on-line.RSVP: No RSVP is indispensable.Replay: Playback of the webcast can be obtainable on the Oracle web page at: http://www.oracle.com/investorAbout Oracle Oracle (NASDAQ:ORCL - information) is the area's most complete, open, and built-in business application and hardware methods business. For greater tips about Oracle, please consult with our web site at http://www.oracle.com or contact Investor family members at investor_us@oracle.com or (650) 506-4073.emblems Oracle and Java are registered logos of Oracle organization and/or its affiliates. other names can be emblems of their respective house owners.




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    Oracle forecasts a ‘cloudy’ future for Saudi Arabia | killexams.com real questions and Pass4sure dumps

    JEDDAH: Oracle, the world’s leading provider of enterprise cloud computing, specializing in the development of database software, enterprise software and cloud engineered systems, hosted a Modern Business Forum (MBF) in Jeddah on Wednesday.

    The day-long forum, held at the Ritz-Carlton hotel, offered keynote presentations by senior Oracle executives and partners, and was attended by representatives of leading Saudi corporations, entrepreneurs, and businesspeople alike.

    The MBF emphasized intelligent cloud applications, integrated cloud platforms, the Internet of things (IoT), blockchain technology, and how artificial intelligence (AI) as a whole can help Saudi businesses accelerate their production growth into the 21st century, shifting their business structure and transforming to a cloud-based operating system.

    Oracle’s technology in AI, machine learning, augmented reality, blockchain, IoT, and human interface technologies are, by their own construct, designed to allow customers the ability to take integrated technology and make advances within their individual business products and services.

    A pioneer in IoT platforms, Oracle is using enterprise AI in conjunction with IoT to assist customers in managing their physical assets, while boosting employee productivity in the process. The Oracle Cloud system possesses the most innovative of capabilities, including: Software as a service (SaaS), platform as a service (PaaS), infrastructure as a service (IaaS), and data as a service (DaaS), empowering businesses of all types and sizes onwards in their journey toward digital transformation.

    As Saudi Arabia continues to diversify its economy through its Vision 2030 agenda, digital transformation is at its core. Neom, the Kingdom’s $500 billion transnational mega-city is expected to heavily incorporate innovative technology, such as: Nano, 3D printing, IoT devices, electric and self-driving vehicles, robotics, and renewable energy.

    Oracle Vice President for Business Applications Kamel Tawil spoke exclusively and at length with Arab News on Wednesday on the multifaceted benefits of Oracle’s integrated cloud software.

    “We believe we are at the forefront of technology. We are really driving innovation in both the public and private sectors, and we are very excited to be in Saudi Arabia because the whole country is transforming within all industries, and we are honored to provide value and contribution to this country,” he said.

    “With the evolution of artificial intelligence, sensor-based technology, and big data, we are looking at a different kind of application that will guide you on what to do. Predictive intelligence will now merge together between robotics and software to provide you with the next best action. So today the application can guide you, tell you, and help you in making the right decisions.”

    The forum touched upon some interesting survey data relating to Saudi Arabia. PricewaterhouseCoopers (PwC), a multinational strategy consulting and data analytics firm, has predicted that AI will add $15 trillion to the global economy by 2030, even though few companies are currently pursuing serious AI implementations within their businesses.

    In fact, according to McKinsey Consulting Co., only 20 percent of AI-aware firms are currently adopters of this technology. PwC reports that the Middle East is expected to accrue 2 percent of the total global benefits of AI by 2030, equivalent to $320 billion. The largest of these gains is expected in Saudi Arabia, where AI is expected to contribute more than $135.2 billion, equivalent to 12.4 percent of gross domestic product.

    “This conversion of technology, artificial intelligence, big data, and connectivity, is really disrupting business modules. We have companies that disappeared and new companies that are taking over, such as these taxi service companies that own zero taxis — they have changed the whole landscape of transportation,” Tawil continued. “The implications of that are really going beyond technology itself, and are really disturbing and changing very old industries.

    “We believe artificial intelligence is the next big thing. We believe artificial intelligence coupled with big data, connectivity, and sensor technology is going to change the way we work.

    “We at Oracle are really innovating around our enterprise applications, and around our databases. Our latest offering is our autonomous database. Usually, when you have a database you need to have a database administrator to manage it, but with our autonomous technology, this database can update itself, freeing valuable time and resources to do other important tasks.”

    As for what fields Oracle sees its technology thriving most in, Tawil, who opened the forum with an executive welcome speech, believes it directly revolves around Saudi Arabia’s Vision 2030.

    He said: “One of the key initiatives is how to diversify the sources of income. In my view, I would say that the application of Oracle technologies can be really great in two key fields. One is through really empowering the government and changing the public sector into a more customer-focused, efficient, and progressive sector. We have many initiatives and are working with many government entities in that regard. Secondly, which is key, is fueling innovation in the private sector. How can we bring the next wave of entrepreneurs, the next wave of smart companies, who can contribute to the diversified economic growth of Saudi Arabia?”

    When looking into specific industries, the International Data Corporation forecasted in 2018 that spending in Saudi Arabia will be the highest in the public sector, financial services, health care, education and manufacturing.

    Oracle has already been present in Saudi Arabia for more than 30 years, and across all major cities in the Kingdom. Oracle’s consistent growth within Saudi Arabia is driven by the success of its customers and this growth has now been further enhanced by the rapid adoption of cloud solutions.

    “We have great customer examples in Saudi Arabia. We have large companies who have embraced our cloud, so really that drive toward the cloud is really fueling our own company growth,” Tawil remarked.

    A few examples of leading Saudi organizations that were mentioned in Wednesday’s MBF that have incorporated Oracle Cloud in their operating systems include Saudi Telecom Company, NADEC, ACWA Power, Nahdi Medical, and Zahran Holding Co. All have chosen Oracle Cloud solutions, and all have seen major transformative projects achieve growth and improve efficiency.

    This long-term commitment from Oracle within Saudi Arabia has translated into massive investments, helping organizations of all sizes, both public and private, achieve strategic objectives with digital transformation. Recently, Oracle announced plans to open a data center in the Kingdom, further expanding its footprint by introducing its latest cloud solutions and creating a vigorous support infrastructure. It hopes to implement a series of programs and initiatives aimed at driving digital skills among the Saudi youth and better preparing them for the digital economy that will be at the forefront of Saudi Arabia in 2030.

    “We are really living in very exciting times, where all these technologies are now converging, and really producing positive effects in the way we are living, working, and interacting,” Tawil said.

    Oracle’s own transition to a cloud-first company had garnered plenty of discussion in the IT world — both from optimists and skeptics. “When the whole cloud concept got introduced, we really embraced it and transferred all of our applications into cloud-based. We introduced our fusion application, which is the only pure end-to-end cloud-based application available today,” added Tawil.

    “Now, with the new advancement of cloud-based technologies, the technology is available for anyone. If you are a startup company, before implementing an IT system you needed to wait one or two years; now in a couple of weeks you can have access to the same system that is used by some of the largest companies in the world. You don’t need to invest in infrastructure. You don’t need to invest in building that data center. You just buy the service and you are up and running.”

    It is important to note that a common misconception of emerging technologies, such as AI, is that they are a threat to existing jobs. “The machines are taking over,” although a common narrative, is hardly factually based. On the contrary, new technology truly thrives when it succeeds in creating the time and space for new jobs.

    Automation is all about speeding up the mundane tasks that often take up valuable time for businesses. Innovative technology is often geared at achieving greater profitability through efficiency and, in so doing, enables employees to focus on more valuable tasks. It is about improving people’s decision-making capabilities by empowering them with highly relevant and effective technology, along with timely data, that otherwise would not be possible to collect.

    They are the necessary tools that Oracle aims to provide toward a bright and “cloudy” business future for Saudi Arabia.


    Oracle evasive after new cloud reporting doesn't deliver results | killexams.com real questions and Pass4sure dumps

    The enterprise technology vendor has changed how it reports cloud revenues, with the first quarter for the financial year yielding poor results Share

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    Oracle would have hoped to be delivering better news in its first set of earnings for the 2019 fiscal year this week, having changed the way it reports cloud revenues. The results showed stagnant revenue growth, leading to a sharp drop in the vendor's stock after hours, so what did Oracle leadership have to say for themselves?

    For context, back in June the database specialist announced that it would be changing the way it reports its cloud results every quarter.

    Where it used to report two cloud revenue segments - Software-as-a-Service (SaaS) as one and then a combined figure for Platform-as-a-Service (PaaS) and Infrastructure-as-a-Service (IaaS) as another, smaller, figure - now it is reporting just one figure: cloud services and licence support.

    Read next: Oracle is changing how it reports cloud revenues, what's it hiding?

    So for Q1 2019 the vendor reported that the cloud services and licence support segment only grew 3 percent year-on-year, down from 10 percent in the last quarter of 2018. Total revenue was up 1 percent to $9.2 billion, which was also behind expectations.

    "Looking at the 1 percent total revenue growth in Q119, we can surmise that the rate of cloud growth has plateaued as on-premise sales continue to fall," said Angela Eager at Tech Market View. "Barely there growth combined with cloud opacity in Q119 sent Oracle shares tumbling nearly 5 percent in after hours trading... The wrong clouds appear to be hanging over Oracle."

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    Analysts at KeyBanc Capital Markets have lowered their estimates for Oracle's next few quarters as a result. "Oracle's move to the cloud is taking longer than expected, is consistent with what we have heard from the channel, and with reduced disclosures, we have lesser visibility into then company's progress," as reported by CNBC.

    Speaking on the earnings call after the results yesterday, co-CEO Safra Catz put a brave face on things.

    "Total cloud revenues grew in all regions and in terms of product categories, ERP grew in the 30 percent plus, verticals grew in the 40 percent plus and public cloud, PaaS and IaaS grew in the 20-plus percent," she said. (All quotes from the earnings call are via Seeking Alpha's transcript).

    Mark Moerdler of Sanford Bernstein asked why the newly combined cloud services and licence support was down on analyst expectations, only for Catz and co-CEO Mark Hurd to dodge the issue and blame the results on currency fluctuations.

    "Well, I think most of - any kind of what miss from the numbers you have was that in fact there was really just some currency difference between when I gave my guidance and when and what it ended up being," Catz said. "So, it was basically double the negative that I was expecting." Make of that what you will.

    The problem here is that the new reporting model allows Oracle to be extremely vague when it comes to its cloud performance, leading to frustratingly evasive answers from leadership.

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    For example: "I think I talked about the SaaS bookings growth. Our bookings overall in cloud for the quarter accelerated on a rate basis. The growth rate accelerated. So, that was obviously a good indication for us of overall bookings growth," Hurd added.

    There was further controversy this week as it was revealed that president of product development Thomas Kurian was taking an indefinite leave of absence after reportedly falling out with chairman Larry Ellison over the company's cloud strategy.

    Hurd was curt on this point, telling analysts: "On Thomas Kurian, which I think was your question. Thomas is a good guy, works hard. He's taken a break and we expect him back."

    Strategy

    Chairman Larry Ellison attempted to boil down Oracle's cloud vision in one fell swoop yesterday, telling investors: "Oracle has two strategic products that will determine our future. Our cloud ERP product is the strategic key to our success in the SaaS applications layer of the cloud. And our autonomous cloud database is the strategic key to our success in the IaaS or infrastructure layer of the cloud."

    Ellison was typically bullish on the call, pushing the line that Oracle will eventually win out due to its technical superiority and again prodding rivals for their reliance on Oracle software to run their own businesses.

    "The Oracle database is so much better than other databases. Even our biggest competitors use it to run their businesses. Salesforce.com uses Oracle to run their Sales Automation Cloud. SAP uses the Oracle database to run their cloud services and nearly all their on-premise customers. Even Amazon uses the Oracle database to run most of their business," he said.

    Speaking about the company's latest product, the autonomous cloud database, Ellison said: "We think these compelling advantages will allow us to compete very effectively against Amazon in the infrastructure business. Today, we may be behind Amazon in infrastructure market share, but we are way ahead of Amazon in cloud infrastructure technology. We think that will allow us to gain market share in infrastructure in the cloud very, very rapidly."

    Co-CEO Mark Hurd expanded on this, stating his view that getting adoption from fellow technology vendors (ISVs) is a good market signal for the company: "When you start seeing these early indicators, ISVs move. And that's one of the reasons I outlined the ISVs. This is really good news because ISVs are some of the most discriminating."

    Hurd naturally wanted to push this long-term outlook too, saying: "I'm trying to focus here more on the revenue in long run is I think the best indicator of where we are. Bookings to us - it was a good description before we have revenue. And so, what I'm trying to do now is keep you focused on really what the prize is, because if the bookings don't translate to revenue, they don't mean anything to us."

    Customers

    Hurd preferred to talk about customer wins than figures on the call. "I'm going to try to keep it to a few. But, I want to give you a flavour for some of the wins that - on top of what we did in Q4 what we did in Q1, and talk first about ERP and what we did in that category," he said, specifically referencing Academy Sports, Conn's and Legg Mason.

    Another big-name win in the quarter for Oracle was Airbnb. "They bought ERP. And Larry mentioned: this is actually a replacement of Workday Financials at Airbnb," Hurd said on the earnings call.

    He also spoke about FedEx's decision to standardise on Oracle: "A traditional Oracle user, they bought a company called TNT in Europe that was an SAP user, and they are now going to standardise all of their ERP on Oracle Fusion ERP. In addition to that, they bought payroll from us in the quarter. They happened to be a Workday HCM customer but bought payroll from Oracle.

    "This is one of the most significant transactions we've had over a course of a number of significant transactions, but a very strategic and significant one with a replacement of SAP as a combination of a migration of an existing Oracle customer.

    "I hope you can tell by these wins, our SaaS pipeline is at a record level, and to Larry's point, led by both ERP. And that's not just Fusion now, but the NetSuite improvement is material and significant. Our pipeline in PaaS is also at the highest level it's been. And it was overall solid quarter for us. Looking forward to Safra's point earlier, we do expect revenue growth in the second half to be higher than last year and [earnings per share] will grow double digits for the year."


    Oracle Fusion Middleware Update -- Financial Analyst Webcast | killexams.com real questions and Pass4sure dumps

    REDWOOD SHORES, CA--(Marketwire - 04/21/11) - Oracle (NASDAQ:ORCL - News) will host an "Executive Access for Investors" educational webcast with corresponding slides on Thursday, April 28, 2011, beginning at 9:00 a.m. PT.Please join Hasan Rizvi, Senior Vice President, as he provides an update on Oracle's Fusion Middleware offerings, including Exalogic. Following a brief presentation, a question & answer session will be held with David Hilal from FBR Capital Markets.Date: Thursday, April 28, 2011Time: 9:00 a.m. PTNo previously unannounced issues will be discussed on this webcastListen via the Internet: We will offer live and replay webcasts of the event, with synchronized slides, at http://www.oracle.com/investor.There is no audio bridge for this event. Questions may be asked online.RSVP: No RSVP is necessary.Replay: Playback of the webcast will be available on the Oracle website at: http://www.oracle.com/investorAbout Oracle Oracle (NASDAQ:ORCL - News) is the world's most complete, open, and integrated business software and hardware systems company. For more information about Oracle, please visit our website at http://www.oracle.com or contact Investor Relations at investor_us@oracle.com or (650) 506-4073.Trademarks Oracle and Java are registered trademarks of Oracle Corporation and/or its affiliates. Other names may be trademarks of their respective owners.



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