Oracle on Fire! FY30 Rev. $225B!

In today’s Cloud Wars Minute, I dive into Oracle’s bold AI-driven
transformation and its stunning forecast to reach $225 billion in
annual revenue by 2030, powered by explosive OCI and multi-cloud
growth.


Highlights


00:12 — As we wrap things up here at Oracle AI
world, we had the financial analyst meeting. Oracle's Principal
Financial Officer Doug Kehring revealed that Oracle has raised
its revenue projections again for the future, and says that they
will hit the astonishing total of $225 billion in total revenue
for fiscal year 30.


00:52 — This was one of the most dynamic,
interesting Oracle events I've ever been to. So when I talk about
them being on fire, it's powered by their hyper growth OCI
business. But it goes beyond that to what they're doing across
the board and the AI Revolution really kicking in. It's why Larry
Ellison pivoted the entire company to integrate AI in everything
that they do.


01:55 — The company's two new CEOs, Clay
Magouyrk and Mike Sicilia, along with Larry Ellison, repeated
throughout the event: "There's no limitation on us about demand.
We have more demand by far than we can handle. We are
supply-constrained. And they revealed a lot of plans about all
the things Oracle is doing to be able to overcome that capacity
constraint."


02:21 — So, it is not just OpenAI. They talked
about how the RPO, which when they released their numbers a few
weeks ago, that is for the quarter ending August 31, their RPO
was $455 billion in just the six or seven weeks since that
quarter ended, that RPO is now over $500 billion. So again, it
was not just the big deal with OpenAI.


04:25 — We'll have more coming up next week.
I'll go into more detail about this. But part of what was so
interesting at this financial analyst meeting today, Larry
Ellison talked said: "What about in the areas of like plant
genomes?" Larry Ellison wove together the ideas of how this new
Oracle Database along with the Oracle AI Data Platform is going
to make that possible.


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