The software giant drops one spot on the ranking this year as it fends off competition to its cloud storage business from the likes of Amazon and Google. But co-CEOs Safra Catz and Mark Hurd are attempting to meet the challenge head-on: Oracle has announced plans to invest heavily in artificial intelligence and automation, and this year launched a blockchain-as-a-service enterprise cloud platform. Both revenues and market cap have held relatively steady, up 1.8% and 1.7%, respectively, since this time last year.
Looking for leads, investment insights, or competitive intelligence?
News about Oracle
Must-read business news, delivered every morning.
This is your Data Sheet newsletter for Tuesday, October 2, 2018.
Kurian took a leave of absence after reportedly clashing with Larry Ellison over Oracle's cloud strategy.