“Oracle did announce during the earnings call that cloud revenue was $1.7B for the quarter, but failed to break that out between SaaS and the combined IaaS and PaaS, as was previously reported. Also, with BYOL, it is impossible to know if customers are using those licenses in the cloud or on-prem, thereby obfuscating their cloud performance, which is now the number one factor in determining Oracle’s success against its peers. Oracle is claiming customers are deploying BYOL licenses in the cloud immediately, or have plans to do so in the near future, but it is impossible to know for sure.”
Vendors switching from on-prem to public cloud is hella hard, often deadly.
Original source: Oracle Gets Cloudy: What’s Behind Their Change in Financial Reporting?