eWeek: Thanks to strong software sales, Oracle turned in a third-quarter earnings report that beat analyst expectations. The company had revenue of $9.04 billion, a 2.2 percent year-over-year increase. Net income came in at $2.5 billion or 62 cents per share, an 18 percent yearly increase. Analysts had predicted income of 56 cents per share.
In the previous quarter, Oracle failed to meet its software sales goals. This quarter, software sales increased 7 percent. However, Oracle's hardware sales fell 16 percent.
One of the ways around the issues of security and control that make some businesses wary of cloud computing is to build a private cloud -- one that remains within the corporate firewall and is wholly controlled internally. Private clouds also increase the agility of IT an organization's IT infrastructure and make it easier to roll out new technology projects. Download this eBook to get the facts behind the private cloud and learn how your organization can get started.