甲骨文拥有的GPU数量差meta一个数量级
甲骨文暴涨的底气从哪来的？
-
Coastlines
- 精英
- 帖子： 2762
- 注册时间： 2023-12-26
- Has thanked： 255 time
- Been thanked： 160 time
-
Coastlines
- 精英
- 帖子： 2762
- 注册时间： 2023-12-26
- Has thanked： 255 time
- Been thanked： 160 time
Re: 甲骨文暴涨的底气从哪来的？
甲骨文增长迅猛主要原因有三：
1。 云收入超预期：甲骨文的总云服务收入增长了21%，其中SaaS收入增长10%，而OCI收入增长46%。公司预计OCI收入在未来将以超过50%的同比增长率继续扩张。
2。 履约义务激增：甲骨文的剩余履约义务同比增长了53%，达到了990亿美元，这为公司未来的收入增长奠定了基础，特别是在未来12个月内预计将有38%的履约义务转化为收入。
3。与AWS的合作：甲骨文宣布与亚马逊AWS建立多云战略合作伙伴关系，推出Oracle Database@AWS。这项合作让AWS用户可以直接使用Oracle数据库，有助于吸引更多客户将工作负载迁移至 AWS，同时也增强了甲骨文的市场竞争力
Re: 甲骨文暴涨的底气从哪来的？
00:00:02 hello and welcome to the Oracle Corporation q1 fiscal year 2025 earnings call all lines have been placed on mute to prevent any background noise after the speaker remarks there will be a question and answer session and if you would like to ask a question during this time please press star one on your telephone keypad I would now like to turn the conference over to Ken Bond Head of investor relations you may begin thank you Sarah good afternoon everyone and welcome welcome to oracle's first quarter fiscal year 2025 earnings
00:00:34 conference call a copy of the press release and financial tables which includes a gap to non-gaap reconciliation and other supplemental financial information can be viewed and downloaded from our investor relations website additionally a list of many customers who purchased Oracle cloud services or went live on Oracle Cloud recently will be available from the investor relations website on the call today our chairman and chap technology Officer Larry Ellison and chief executive officer saffra Catz as a
00:01:05 reminder today's discussion will include forward-looking statements including predictions expectations estimates or other information that might be considered forward-looking throughout today's discussion we will present some important factors relating to our business which may potentially affect these forward-looking statements these forward-looking statements are also subject to risks and uncertainties that may cause actual results to different materially from statements being made today as a result we caution you against
00:01:34 placing undue Reliance on these forward-looking statements and we encourage you to review our most recent reports including our 10 K and our 10 q and any applicable amendments for a complete discussion of these factors and other risks that may affect our future results or the market price of our stock and finally we are not obligating ourselves to revise our results or these forward looking statements in light of new information or future events before taking questions we'll begin with a few prepared remarks and with that I'd like
00:02:05 to turn the call over to saffa thanks Ken and good afternoon everyone before I go to our q1 numbers I thought I'd take only a moment to review some of the things that you'll be hearing about over the next couple of days from Oracle we are at Cloud World in Las Vegas and Cloud world is where we come together with our customers and partners to share experiences and showcase our latest products and services our customers are our best folks people when they share how our Technologies transform their Enterprises the
00:02:46 Innovations from our labs and research centers in combination with feedback from our customers have helped us build Superior products and services you'll hear about new cuttingedge features within oci database analytics fusion netsuite and our industry applications we will also be showing new capabilities that we've been working for working on for a while including embedded AI agents in fusion and those Drive productivity and efficiencies for our customers when they're rolled out and as an oracle
00:03:27 Fusion customer myself take great pride once again in my team's ability to have us announce earnings and give guidance nine days after the quarter ended many many of our customers ask us how to replicate our results and at Cloud world we will be having a lot of Oracle Playbook conversations this week you've already seen today's announcement of our partnership with Amazon web services which has now joined Mike Microsoft Azure and Google cloud in making oci and Oracle available in their respective clouds needless to say we
00:04:10 think our multicloud strategy will expand the ubiquity and popularity of our differentiated Technologies especially the orical database Larry will share more details in just a moment but now to q1 which was clearly another outstanding quarter with total revenue at the high end of my guidance and earnings per share 4 cents above the high end of guidance currency was essentially in line with my guidance and as usual I'll be discussing our financials using constant currency growth rates as this is how we manage
00:04:52 the business total Cloud Revenue that's SASS and IAS was up 22% at 5.6 billion with SAS revenue of 3.5 billion of 10% and iaz revenue of 2.2 billion up 46% on top of the 64% growth reported last year as a reminder we exited the advertising business last quarter which had the effect of lowering the total Cloud applications Revenue by 2% this quarter total cloud services and licensed support for the quarter was 10.5 billion up 11% driven Again by our strategic Cloud applications autonomous database no
00:05:43 oci application subscription revenues which includes product support were 4.8 billion and up 7% our strategic back office SAS applications now have annualized revenues of 8. .2 billion and we're up 18% infrastructure subscription revenues which includes license support were 5.8 billion and up 14% infrastructure cloud services Revenue was up 46% and up 49% when you are excluding leg our Legacy hosting services our infrastructure cloud services now have an annualized revenue of 8.6 billion oci consumption Revenue
00:06:36 was up 56% and of demand continued to outstrip supply Cloud database Services which were up 23% and now have annualized revenues of 2.1 billion very importantly as on premise databases migrate to the cloud on oci directly or through our database at cloud services with Azure Google and AWS we expect those Cloud database revenues collectively will be the third leg of Revenue growth alongside oci and strategic SAS database subscription revenues which includes database license support were up 4% software license revenues were up 8%
00:07:33 to 870 million including Java which saw excellent growth so Allin total revenue for the quarter were 13.3 billion up 8% from last year shifting to gross profit and operating income the gross profit dollars of cloud services and license support grew 9% in q1 as our Cloud businesses continue to scale the gross margins of both Cloud applications and Cloud infrastructure have each been climbing higher we continue to display operating e expense discipline with q1 operating income growing 14% And the operating margin was 43%
00:08:30 the non-gaap tax rate for the quarter was 18.9% with non-gaap EPS at a139 in US Dollars up 177% in USD up 18% in constant currency the Gap EPS was a1ar three in US Dollars up 20% in USD and up 22% in constant currency including in my guidance at the beginning of the quarter was the expected completion of an assessment of the useful lives of our servers and networking equipment including an increase of the estimated lives from 5 years to six years effective at the beginning of this fiscal year this
00:09:17 change in accounting estimate reduced q1 operating expenses by about 197 million at quarter end we had nearly 11 billion in cash and Mark marketable Securities the short-term deferred revenue balance was 11.5 billion up 2% operating cash flow for q1 was 7.4 billion while free cash flow was 5.1 billion on a trailing 12 months basis operating cash flow was 19.1 billion and free cash flow was 11.3 billion our remaining performance obligations or RPO is now 99 billion up 52% in constant currency now while we typically see a
00:10:14 seasonal decline of RPO in q1 we signed several large deals this past quarter resulting in a sequential increase in RPO compared to the decline that we typically see based on our experience experien over the previous 5 years further our Cloud RPO grew more than 80% and now represents nearly 34s of total RPO and approximately 38% of total RPO is expected to be recognized as Revenue over the next 12 months which reflects the growing trend of customers wanting larger and longer contracts as they see firsthand how Oracle cloud
00:11:02 services are benefiting their businesses we spent 2.3 billion on capex this quarter given the demand that you see in our RPO growth and the additional demand we have and CN our pipeline I expect the fiscal year 2025 capex will be double what it was in fiscal 2024 as always we remain careful to pay our investments appropriately and in line with booking Trends we now have 85 Cloud regions live another 77 plan with more to follow we have public Cloud regions we have dedicated clouded customer regions we
00:11:45 have National Security regions we have Sovereign regions we have Oracle alloy regions with our partners and we have multicloud regions with Azure and Google cloud and now shortly with AWS as well this sizing flexibility and deployment optionality of our Cloud regions continue to be significant advantages for us in the marketplace as we've said before we're committed to returning value to our shareholders through technical Innovation strategic Acquisitions stock repurchases prudent use of debt and a
00:12:25 dividend this quarter we repurchased 1.1 million shares for a total of 150 million in addition we paid out dividends of 4.4 billion over the last 12 months and the board of directors again declared a quarterly dividend of 40 cents per share before I dive into specific Q2 guidance I'd like to share some overarching thoughts and the benefits that I expect they will bring over the coming years first the oracle datab is thriving and the multicloud agreements we now have with Microsoft Google and AWS make it easier for our customers to
00:13:09 run their Oracle databases in the cloud second we are rapidly expanding our oci capacity to meet the demand that you see in our 52% RPO Cloud growth third while much attention is focused on our GPU related businesses our non-gpu infrastructure business continues to grow much faster than our competitors and finally our strategic SAS apps continue to grow while we are starting to see more and more of our industry based Cloud apps come online all these Trends point to revenue growth going higher we will discuss the implications
00:13:53 of these positive trends at our financial analyst me meeting on Thursday for fiscal 2025 we remain very confident and committed to ful year total revenue growth grow go growing double digits and ful year total Cloud infrastructure Revenue growing faster than last year let me now turn to my guidance for Q2 which I'll review on a non-gaap basis if currency exchange rates remain the same as they are now house currency should have about a 1% positive effect on total revenue and as much as a 3C positive effect on
00:14:41 EPS hard to know for sure however the actual currency impact may be different total revenues are expected to grow from 7 to 9% in constant currency and are expected to grow between 8 and 10 in USD at today's exchange rate total Cloud revenue is expected to grow from 23 to 25% in constant currency and 24 to 26 in USD non-gaap EPS is expected to grow between 6 to 10 and be between a42 and a146 in constant currency and non-gaap EPS is expected to grow 8 to 12% and be between a145 and a do 49 in USD my EPS guidance 4 Q2 assumes a base
00:15:36 tax rate of 19% however one-time tax events could cause actual tax rates to vary and with that sorry it was so long and with that I'll turn it over to Larry for his comments thank you SAA today Oracle has 162 cloud data centers live and under construction throughout world the largest of these data centers is 800 megawatt and it will contain Acres of Nvidia GPU clusters able to train the world's largest AI models that's what's required to stay competitive in the race to build one just one of the most
00:16:19 powerful artificial neural networks in the world the stakes are high and the race goes on soon Oracle will begin construction of data centers that are more than a gwatt building giant data centers with ultra high performance RDMA networks and huge 32,000 node Nvidia GPU clusters is something that Oracle has proven to be very good at it's the reason we're doing so well in the AI training business it's important to remember that we first developed those high performance RDMA Networks to interconnect our exadata CPU cluster
00:17:03 Hardware that powers our exadata database cloud service the Oracle database cloud service running on exod data and exascale RDMA clusters provide an order of magnitude better performance better scalability better reliability and better security than than other databases and it's still the world's only autonomous fully self-driving database our large and loyal customer base understand and appreciate the many technical advantages of using the Oracle database and those customers wanted us to find a way to make the very latest
00:17:53 and best Oracle technology available on other clouds in addition to O C we found a way with today's AWS announcement our customers will be able to use oracle's latest exod data and exascale RDMA clusters with the latest versions of our database software from within the Microsoft Azure cloud from within the Google cloud and from within the AWS Cloud this will enable customers to use the Oracle database anywhere and everywhere that has always worked well for our customers and for our database business we believe our Cloud
00:18:40 Partnerships with AWS and Microsoft and Google will turbocharge the growth of our database business for years to come back to you thank you Larry Sarah if you could please pull the audience for questions thank you if you would like to ask a question please press star one on your telephone keypad if you would like to withdraw your question simply press star one again please ensure that your phone is not on mute when called upon thank you your first question comes from the line of John deuchi with gugenheim
00:19:16 Securities your line is open thank you Larry and saffre I mean there's there's a lot of good stuff here but I'd like to ask a question on on margins um you keep putting up strong Cloud numbers especially the oci numbers that look when you give the guidance and you look at what you have to do to hit them they look really difficult to do to say the least we also assume that upside RPO and you pointed out saff for the sequential increase I think the last time there was a sequential increase is because you bought Cerner and they just
00:19:51 added RPO because of that it I assume a big part of that's oci too you mentioned it's cloud three4 of of it um so that indicates there's more to come right so given the mix of business continuing to lean into that lower margin oci and I know you have that's changing over time but it's still lower margin today how should we think of overall margins versus profit for the entire company going forward okay let me start with this and maybe then Larry can add on so first of all I want to remind you that that
00:20:28 remember that third thir leg of the stool I mentioned which is our database and autonomous database that's is also part of oad and that is beginning to really expand and our multicloud agreements again will help oci gross margins so that you know gross margins even this quarter as percentage increased regardless of the fact that we have a lot more more oci and so our business is really only now starting to get real scale and we have built oci in a way and Larry can really expand on it where it is extremely automated the management of
00:21:18 it is very automated and our our whole roll out as it grows we make more money and um as much percentages are great and again our operating margin percentages continue to increase and oci includes not only base uh storage and compute and gpus but it also includes a lot of other capabilities including the database which have excellent margins too and of course as as you mentioned um s our SAS business again an excellent and at scale business even that business benefits from our expansion in oci and once again
00:22:10 even at its high margins continued to improve this past quarter Larry I don't know if you wanna I'd like to I'd like to so so let's start with SAS uh as we go to autonomous database we get tremendous efficiencies we're moving uh fusion and netsu to autonomous database as we speak we've decided everything needs to move to autonomous for two reasons really first reason uh when you have a completely autonomous database there is no the the the DBA the database administrator is a robot there is no human labor associated with
00:22:49 managing the Oracle autonomous database now okay that that's obviously a cost savings but more importantly with no human labor there's no human error it's a huge security Advantage we have over uh over our competitors uh we don't we there's no mistakes to be made uh there's no human labor it's all automated it's and and and the potential when you have everything completely automated that and it's also truly elastic I'm not going to go into exactly what that means but but but uh it means that if you got a job running that
00:23:21 suddenly needs 500 microprocessors you get those 500 for the three minutes you need it and then you return them to the pool so that's very different than how other other databases work which they may call you know the cloud itself may be elastic in places but their databases are typically not elastic autonomous is so we use a lot less Hardware we it's it's a lot faster it's a lot more efficient it's fully automated no human labor much more secure and the margins for the for the autonomous data based
00:23:52 business is much higher are much higher than the am than the traditional Oracle business and and I think you know those margins are I mean they they're stunningly high around the same margins as SAS uh which are also stunningly hard margin because stas runs primarily on that autonomous database uh so we use Hardware very efficiently we use labor sparingly because labor is a security risk when people are actually doing things manually it's a security risk and it slows our down our ability to expand every Oracle data center from the
00:24:28 largest to the smallest are identical in features and functions they only vary by scale that means we have one Suite of automation software that automates all of this nobody else does this no one has that level of automation that level of autonomy it allows us to get much better margins in our database business and our SAS business and the rest of our Cloud business our clouds are more automated so we have very low labor costs our networks are much more effic efficient the already networks run so much faster
00:25:00 if you run twice as fast uh you know our costs go down by half uh and our networks are much faster than the other clouds uh so we think uh our potential as we scale our potential to deliver much better margins than we're currently delivering are very real so is it is it safe for me to assume that then the upside you keep putting up and you hopefully will continue to do um will add profit and that profit will actually increase as the percentage the margins will also increase over time uh I believe I believe so and I I
00:25:44 believe for example you know I mean I think you'd find different different points of view from different Engineers as we move Fusion to uh to autonomous database uh you know I I think the the cost savings our cost our cloud cost savings will be around 50% that's what I believe now it might be 40% might be 35% but there'll be huge cost savings from where we are now and that's ac across the entire base of of fusion customers and that's just one example of how we're using faster networks faster databases
00:26:17 more automation to uh make our our products more secure and I keep emphasizing the security is really the primary goal but as as a second order fact we also SP we also end up spending a lot lot less money to run those data centers great great thank you Larry thank you saffre your next question comes from the line of Mark Murphy with JP Morgan your line is open oh thank you very much and uh congrats on a great performance Larry how do you envision the market transitioning from the AI training phase
00:26:55 to the AI inferencing phase there's there's some debate out there on on whether we have an imbalance or a bubble on the front end of the curve because training is so compute intensive and then perhaps it recalibrates uh differently somehow for the inferencing stage which might be less intensive or do you see um the potential for high growth kind of all the way through both of these phases well a lot of people think that my God I send a kid to college and then I'm done the training is over I got four
00:27:26 years of training and then then I can put the kid to work and they be be doing inferencing uh and that's not true this race goes on forever to uh build a better and better uh neural network uh and the cost of that training gets to be astronomical when I talk about building gigawatt or multi- gigawatt data centers I mean these AI models these these Frontier models are going to the entry price for a real Frontier Model uh from someone wants to compete in that area is around1 billion let me repeat around $1 billion
00:28:06 that's over the next four or five years for anyone who wants to play in that game uh that's a lot of money and and it it doesn't get it doesn't get easier so they're not going to be a lot of those I mean we could we you know this is not the place to list who can actually build one of these Frontier models but in addition to that they're going to be a lot of very very specialized models I can tell you things that I'm personally involved in which which are using uh computers to look at slide biopsies of
00:28:34 slides or CAT scans uh to discover cancer also they're also blood tests we're doing for you know for discovering cancer those tend to be very specialized models those those tend not necessarily to use the foundational you know the you know the the grocs and the open and and the Chachi pts and the llamas and and and and the Geminis they tend to be highly specialized models uh trained trained on image recognition on on certain certain data I mean literally millions of biopsy slides for example uh
00:29:09 and not not much other training data is is helpful uh so that goes on and we'll see more and more applications like that so I wouldn't if your if your horizon is over the next five years maybe even the next 10 years I wouldn't worry about out hey we've now trained all the models we need and all we need to do is impr princing I I think this is an ongoing battle for uh technical Supremacy that will be fought by a handful of companies and maybe one one nation state uh over over the next five years at least but
00:29:51 probably more like 10 uh so this business is just growing larger and larger and larger there's no slowdown or shift coming thank you very much let me say something that's going to sound really bizarre well though I probably you probably say well he says bizarre things all the time so why is he announcing this one it must be really bizarre so we're in the middle of a designing a data center uh that's north of a gigawatt that has but we we found the location in the power Place we've Lo located they've already got uh building
00:30:27 permits for for three nuclear reactors these are the small modular nuclear reactors to power uh the data center this is how crazy it's getting this is what's going on incredible your your next question comes from the line of rmo lenschow with Barkley your line is open hey thank you um just a question more on the on the um database side on the agreements that you just announced today or that you have in place and now added with AWS so so now that we have all the the hyperscaler agreements in place how do you think how
00:31:09 do you think about that migration movements from database workloads that are at the moment running on premise or on cloud a customer to the public Cloud I mean how should we think about that momentum thank you well we think it's going to accelerate basically no you go ahead Larry no no no I I I I think I I think you're right well there well there's two things uh you know public cloud is very interesting and is very important I mean I mean Oracle became very successful in the database business a long time ago
00:31:42 because one of one of our watch wordss was portability we ran on IBM mainframes we ran we ran on Microsoft PCS we ran on um you know hulet Packard machines and if you remember them digital equipment machines and all all sorts of computers but you we ran everywhere and U that was very important so our customers could run the Oracle database in any environment and and it's obviously and we had to find a way to actually make our the best versions of our database the exit data EXA scale versions of our database uh available in
00:32:17 other people's clouds and that and what we what we're able to do was basically get get get oci small enough that we could embed an oci Data Center within Microsoft Azure or an oci data center within Google or or or AWS or wherever we had to put it where you could where could be fully autonomous where you know we could we could use exod data and EXO scale clusters uh we actually were were able to do that it was not technically easily easy but we did it in doing that in miniaturizing our uh our Oracle data centers one of I
00:32:53 mentioned earlier that all of our data centers are the same except in scale the biggest ones 800 gaw right now bordering getting close to 800 megawatts excuse me border getting close to 1 gwatt the smallest are about 150 kilowatts and we're going to get down to 50 kilowatts what that means is we'll have a lot of companies even you know medium large siiz companies that will decide to have an oracle private Cloud I mean it's still there's no difference between our private cloud and the public cloud
00:33:28 they're they are identical they're absolutely identical a bunch of people have Oracle PR have private clouds a bunch of industrial companies uh vone has six you know oracle private clouds for example uh to to run their workloads uh but they're becoming so inexpensive that anyone can decide okay I want to I want to move to the cloud I want all the advantages of the cloud but I I want to make sure that I'm the only one in the cloud I don't want any neighbors or I want only approved Neighbors I don't want someone with a
00:33:59 credit card moving moving in I'm just paranoid about security or I've got government regulations I have to adhere to so we think that obviously moving you know with Oracle database available on AWS Microsoft and Google is incredibly important and ex zapper said it right I mean it will absolutely accelerate database growth in the public Cloud but we expect that private clouds will greatly outnumber public clouds as companies decide they don't want n they want the or the Oracle Cloud behind their firewall in their
00:34:38 data center uh with no neighbors and we because we've gotten our data center our data centers are so automated and they're scalable and they're all identical in terms of function we're we're organized so we can actually we have 162 data centers now I expect we will have a thousand or 2,000 or more data centers Oracle cloud data centers around the world and a lot of them will be dedicated to individual Banks or telecommunications companies or uh or technology companies or or what have you or or or nation states
00:35:19 Sovereign clouds all of this other stuff so we think it's uh it's it's hard for me to predict whether the private clouds uh or the public clouds which is going to be bigger I don't know the good news is we win either way okay interesting very interesting next question Sarah thank you your next question comes from the line of Mark morler with Bernstein your line is open thank you so much and congratulations on the quarter uh very impressive both the quarter and the guide um we we've seen a lot of focus on
00:35:59 the model training side but less on applications and inferencing and the rest you guys have a lot of expertise in the market and in the industry um you already have traditional AI sprinkle throughout all the Oracle products and capabilities but where do you see the moneti monetizable value of geni on the appside how long do you think it's going to take for Gen to be a meaningful revenue on not just for Oracle but software in General on the app side not on the training side thank you well let me let me I'm sorry I'm
00:36:33 monopolizing these answers I apologize but but let me start with with Health Care uh from everything from uh us helping doctors diagnose of you know different diseases uh when um someone go go goes in to get a sonogram um and and I I've seen the nurses uh and the technicians and the doctors actually measure the baby's skull and measure the baby's spinal cord to see how the baby it's utterly ridiculous the computer should do all of that and if there's an umbilical wrapped around the fetus's neck the the computer
00:37:13 should discover all of that and now it should all be recorded the doctor should get assistance from a computer doing all of this stuff uh looking at the plaque and coronary arteries all all all should should be done that way uh already we've delivered uh when a doctor visits a gets ready to visit a patient we we prepare a summary for the doctor we use AI to look at the electronic health records the latest Labs that might have been finished just a few hours ago and uh and let the doctor know whether there's
00:37:42 there's stability or disease progression or uh whatever the doctor needs to know prior to the consultation with the patient that summary is prev present created by AI you human read you know readable summary then AI listens to the consultation between the doctor and the patient this is already delivered this is already out there they deliver listen to the consultation the doctor to the patient if the doctor orders a prescription the a AI checks to make sure the prescription is accurate and and enters the prescription uh the
00:38:12 doctor the AI updates the electronic health records uh the AI transcribes and distributes the doctor's orders all from listening to the conversation the doctor then gets a draft at the end of the conversation that that the doctor can quickly review and approve and then the Pres prescriptions are filled and the orders and the order order orders are executed and the electronic health health records are updated we're already doing all of that but I can go on you know in health care we need so many things from reading of X
00:38:45 reading of x-rays to um just the user interface our user interface is is so different than epics um I was at Stanford with my my son one one one time and it took three people three different positions to actually be able to find his x-rays uh this is how you find the X-ray the xrays uh uh for Larry Ellison you say Oracle please show me Larry Ellison's latest x-rays we it's a voice interface you just ask for them you don't worry about how do you log on well you look at the computer and it recognizes your face and it recognizes
00:39:22 your voice it knows you're the doctor and you're authorized to look at that Al all the authorization is done with AI you know when are we going to start monetizing it um well all of Cerner is the monetization uh all you know the the fact that we can dramatically expand our you know our our health our health business is because it's it's based on AI it is AI is just I I I don't know how to describe let me best way to describe it it's not something you sell separately it is it is it is the diagnos it's the
00:40:00 diagnostic system it's the electronic health record system it is the do the the pharmacy system the prescription system the user authentication the login system it's all Ai and I know people think it's a separate thing that oh my God and I hear a bunch of application coming say oh we got we got now got AI agents will charge for separately I mean it's our applications are going to be primarily AI applications everything how do how do you charge separately for everything I really don't um I find it bewildering when I listen
00:40:38 to them talk I don't understand what they're saying I'm wonder and I'll stop there Larry I think you're the first person to explain it that way thank you it makes a lot of sense thank you Mark Sarah go ahead Sarah thank you your next question comes from the line of D wood with TD Callen your line is open great thanks and I'll echo my congratulations um sapper Larry you guys have had this big inflection in RPO growth over the last few quarters can you update us on how you're feeling about Supply availability and your
00:41:15 ability to stand up data center infrastructure in a time efficient manner in order to move from contract signings to consumption and convert backlog uh into revenue and I guess are you doing anything different today than say a year ago to try and help accelerate these timelines okay I'm going to start and Larry can finish so we have enormous demand that is absolutely true and I will say that demand is still outstripping Supply but I can live with that because we are laying out a lot of Supply as you can see in the revenues
00:41:53 and you're going to and you can see that in the guidance and my commitment for this next year um and we'll be talking about Beyond on Thursday of financial analyst day um we have made a number of changes including what Larry mentioned earlier which is the automation of the setting up and laying down our data centers however there are you know because demand is so large we do have to get in different places um as as I told you uh I know a couple quarters to grow we made the decision instead of picking up small pieces to
00:42:34 actually wait in some cases to pick up larger locations and that is really playing out very very well for us but we are really moving and growing in so many places because it's not only public Cloud rollouts but it is also private clouds which are in immense demands National Security regions immense demand and um really uh we are we are moving as fast as we can and automation is the thing that has helped us lay this out and the fact that it is we have an everything everywhere means nothing's unique everything's the same and that
00:43:22 cannot be said by our competitors and that helps us in our role CLS yeah I just want to emphasize what sappa just said our private clouds are identical to our public clouds except for the fact they might only have one tenant and it might be in a building that you own besides that they're identical we we own the hardware we manage the hardware for you it just happens to be be in a building you own and you're the only one that can get in uh so that's very different situation than all of all of our competitors and
00:43:55 it's fully automated so we're prepared to manage thousands of data centers by the way I can I would compare that to you know Elon Musk Starling where he's got I think close to 7,000 satellites in the sky now 8 7 yeah 6,800 think how do you manage these satellites constantly maneuver they don't they're not geosynchronous satellites they're con they're low Earth orbiting satellites so they're constantly flying around and changing location how do you manage 7,000 spacecraft you know flying around well uh let me tell you computers it's
00:44:30 got to be fully automated or it's not going to work you can't have thousands even hundreds I would say data centers you can't have but you certainly can't have thousands of data centers unless they're fully automated and and the only way you can automate something is to make them all the same you can't automate 25 different things uh so you know that's that's one thing the other thing I'll point out and I I kind of I think it's interesting about Oracle that some of the most senior people in our management team are
00:44:59 experts in building buildings building electric power plants and electric transmission systems because building these data centers is just that you you can't just build a data center you also have to account for the energy and and the trans and and the transmission of the energy from where it's generated to the data center and of course the most efficient way to do this is actually build the uh the generation the data gener the Power Generation Plant right next to the data center so you transmit
00:45:32 over the shortest uh o over over the shortest distance uh and we actually have very senior people who are very actually come from the utilities industry as strange as that sounds uh that are expert in doing this and helping us build these gigantic uh projects again uh I'll I'll hear on to Elon Musk one of the hardest jobs he had in building Tesla was when he built the Austin plant he had to build the largest building ever been built by humankind anywhere at any time and you want to know the largest building ever built
00:46:12 it's certainly it's not the Pentagon it's not you know it's it's not the the NASA building for you know uh for the space shuttle largest building is is the Tesla plant and so you have to be the contractor of that plant you have to you have to be able to build those things and then f build it with robots that then build your cars you got to you got to build the building get the power uh build all the automation systems which is the hardest part about building the cloud or or the building the automation
00:46:39 system build the aut all the automation systems so it works efficiently and reliably and and cost effectively that is um and we have some really interesting people here with a very different experience base than we had even five years ago thank you very much your final question comes from the line of Brad zelnick of Deutsche Bank your line is open great thanks so much for fitting me in and I'll just start by saying I can't remember a q1 ever being this exciting um Larry we've talked about a lot of the reasons why you win
00:47:20 in Cloud infrastructure especially by addressing areas of the market where your competitors can't even reach but in light of many high-profile cyber incidents lately can you talk about how being more secure not just in being so highly automated as you've already discussed but but how is being more secure helping to win some of these very large oci deals especially in the US and and other governments around the world thank you well I I couldn't thank you more for the question because I I have two things I'm talking about at Cloud
00:47:50 World on Tuesday uh one is uh multicloud and the other is security and let me announce right here uh we're done with passwords the idea is utterly ridiculous uh they're easily hacked the more difficult they are to remember the more likely you are to write them down the more likely they are to be stolen everything done to make passwords better has made them worse uh it's a terrible idea so we're getting rid of passwords entirely um this is the way log on is going to work I'm going to type in larry. elsin at oracle.com the computer
00:48:24 is going to look at me and say okay hi Larry yeah we're done why would I type in it saffa can recognize me you know my kids can recognize me you telling me the computer can't recognize me and log me in uh this is ridiculous so the so we're not no more passwords the those have got to go there are other things we can do to secure network communications and we have this new technology we actually goes live in our Cloud this week called zipper it's called zero trust packet routing that I'll be talking about and
00:49:00 it guarantees uh the well well bio you know biometric authentication will guarantee that you are who you say you are uh when you log in so we'll know so users you know uh fraudulent users will be find it very difficult to infiltrate our systems with biometric authentication and by the way there you there are keys on the keyboard that will look at your fingerprints depends on how if you want if you want facial recognition plus fingerprints all voluntary you don't have to do it if you don't want to but I
00:49:30 certainly uh a whole bunch of people prefer biometric authentication uh that's why Google pay is popular and Apple pay is popular so it's it's for my convenience I don't want to remember passwords look at me and recognize me and log me in don't ask me to type in some stupid 17l password that someone can steal uh uh there's that the zero trust packet routing actually authenticates you from the user all the way to the data uh and uh We've greatly simplified network security by separating it from n
00:50:07 network configuration that's another thing I'm going to talk about but but but by the way let me go back to automation automation is more of a security issue than it is an efficiency issue automated cars self-driving cars will kill a lot fewer people every year than human drivers they don't get drunk they don't go 135 miles an hour automation is a safety issue and a security issue all almost all cyber attacks begin the same way with human error if there is no Oracle database administrator as there isn't with the
00:50:45 autonomous database the data the DBA cannot make a configuration mistake that exposes your data you can't have a human being involved if you want to make your data secure a autonomy is a huge portion of it and the fourth piece of security that I'll talk about is code generation uh when you generate a computer program rather than handw write it in Java hey we're hey we're the owners of Java or I don't know maybe the Supreme Court said we're not the owners of job I'm not sure I'm not sure what it
00:51:15 even means I'm not a lawyer uh but but uh if the a computer generates the program rather than a human being writing it the the the the computer will not generate security vulnerabilities they will not generate something called state which means your your application can't fail over automatically in case you know your data center loses power or burns down or something like that uh code generation is a huge portion of Next Generation security uh uh you know zero trust packet routing is another important one biometric authentication
00:51:54 and automation are all are the four key attributes to winning the Cyber Wars it's going to be our defensive robots against their robots and we have to we have to have better technology on the defensive side than they currently have on the offensive side because they are winning I mean every year there are more there's more uh more successful cyber attacks and you know what the FBI says when you're attacked pay the ransom there's nothing we can do about it well that's not very encouraging I have an
00:52:26 idea let's let's keep the ransom money but Implement you know next Generation technology that makes it much harder for cyber criminals and by the way and it's not so bad with cyber criminals now uh compared to what state actors have the ability to do so we have to harden our computer systems we have to make them more secure the good news is there there is a whole new generation of aib based security systems like biometric authentication like zero trust packet routing that we can use to stop these
00:53:00 attacks but we have to actually deploy the technology amazing Larry look forward to learning more this week in Vegas thank you Brad thank you Larry a telephonic replay of this conference call will be available for 24 hours on our investor relations website thank you for joining us today and with that I'll turn the call back to Sarah for closing thank you this concludes today's conference call we thank you for joining you may now disconnect connect your lines [Music]
Re: 甲骨文暴涨的底气从哪来的？
Oracle Corporation reported strong Q1 fiscal year 2025 earnings, highlighting significant cloud revenue growth and partnerships with major cloud providers.
Highlights
Strong Q1 performance with total revenue at $13.3 billion, up 8% YoY.
Cloud revenue increased 22% to $5.6 billion.
Non-GAAP EPS rose 18% in constant currency to $1.39.
New partnerships with AWS, Azure, and Google Cloud enhance multicloud offerings.
RPO grew 52% in constant currency, indicating strong demand.
Enhanced security measures include biometric authentication and zero trust routing.
Focus on automation to improve efficiency and reduce human error in operations.
Key Insights
Revenue Growth: Oracle’s total revenue growth reflects successful cloud strategies and robust demand, positioning the company well for future quarters.
Cloud Strategy: The 22% increase in cloud revenue demonstrates Oracle’s competitive advantage in the cloud market, driven by innovative products and services.
Earnings Performance: The rise in non-GAAP EPS shows effective cost management and operational efficiency, contributing to overall profitability.
Strategic Partnerships: Collaborations with AWS, Azure, and Google Cloud broaden Oracle’s market reach, enhancing its multicloud strategy and flexibility for customers.
RPO Insights: The significant growth in RPO suggests a strong pipeline and customer confidence in Oracle’s cloud services, indicating future revenue potential.
Security Enhancements: Implementation of advanced security technologies positions Oracle as a leader in safeguarding data, crucial for attracting enterprise clients.
Automation Focus: Increased automation in operations not only boosts efficiency but also minimizes risks associated with human error, aligning with industry best practices.
Re: 甲骨文暴涨的底气从哪来的？
我家邻居在甲骨文工作、他是猎头蹲点亚马逊云服务门口把他抢走的、哈哈
一年多前、他说他看好甲骨文的股票、理由是、那么多企业在用甲骨文的ER P软件、企业根本离不开ERP软件、只要甲骨文能提供靠的住的云服务、他们根本不愿意再找一家云服务公司、譬如亚马逊
我在企业里做生产成本控制、我知道企业对ERP系统是深度绑定， ERP瘫痪就是生产全线瘫痪
所以现在亚马逊拼命在推广他们的ERP系统， D365、难用的要死