Oracle Anticipates $104 Billion Revenue in 2029 Amid Cloud Expansion

Oracle, a renowned leader in software, predicts that its revenue will reach approximately $104 billion in fiscal 2029. This optimistic forecast is driven by significant expansion in cloud technologies, indicating serious changes in the company's business model. Oracle's president, Safra Catz, emphasized at a recent investor meeting that the key growth factor will be the cloud segment, which continues to gain popularity among clients.

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