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This IDC Perspective highlights the most important takeaways from Oracle OpenWorld 2017, including discussion around new product releases and future product road maps, contrasted with several maturing Oracle service lines.

Eric Newmark, program vice president of IDC's SaaS, Enterprise Applications, and Industry Cloud research practices, stated, "Oracle has invested more than $5.2 billion over the past year to optimize the security, speed, scalability, and cost of its integrated cloud stack (SaaS, PaaS, and IaaS), and the fruits of that investment are helping Oracle solidify itself as a comprehensive cloud company. Looking forward, Oracle plans to slow its long-standing acquisition strategy and instead concentrate on organic growth via its cloud portfolio. The long list of new product releases and enhancements announced at OOW17 demonstrates the company's commitment to this strategy, and the many success stories shared by Oracle customers (AT&T, FedEx, Carbon, J&J, etc.) at OOW17 helped provide testament to the headway Oracle has made."



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