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4-Traders Homepage  >  Equities  >  Nyse  >  Oracle Corporation    ORCL

ORACLE CORPORATION (ORCL)
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Oracle : Expands its Global Startup Ecosystem

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02/23/2018 | 07:16pm CET

By a News Reporter-Staff News Editor at Computer Weekly News -- Oracle announced the expansion of its global startup ecosystem in an effort to increase the impact and support for the wider startup community, reach more entrepreneurs worldwide, and drive cloud adoption and innovation. The expansion includes the launch of a new virtual-style, non-residential global program, named Oracle Scaleup Ecosystem, as well as the addition of Austin to the residential Oracle Startup Cloud Accelerator program. The addition of Austin brings the residential program to North America and expands the accelerator's reach to nine total global locations.

"In 2017, we launched eight residential programs ahead of schedule and attracted almost 4,000 global startups for only 40 program slots-a clear indication of the tremendous demand," said Reggie Bradford, Oracle senior vice president, Startup Ecosystem and Accelerator. "Oracle Scaleup Ecosystem is a new global program that allows us to reach more innovators and entrepreneurs, regardless of location, including later-stage scaleup companies who need access to Oracle Cloud solutions and resources without the hands-on offerings our residential program provides. We're building an ecosystem that enables tangible business value, customer growth and revenue-for the startups, our customers and Oracle."

Keywords for this news article include: Business, Oracle Corporation, Computer Technology Companies.

Our reports deliver fact-based news of research and discoveries from around the world. Copyright 2018, NewsRx LLC

(c) 2018 NewsRx LLC, source Technology Newsletters

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Financials ($)
Sales 2018 39 829 M
EBIT 2018 17 562 M
Net income 2018 10 201 M
Finance 2018 10 826 M
Yield 2018 1,46%
P/E ratio 2018 21,11
P/E ratio 2019 19,61
EV / Sales 2018 4,87x
EV / Sales 2019 4,60x
Capitalization 205 B
Chart ORACLE CORPORATION
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Oracle Corporation Technical Analysis Chart | ORCL | US68389X1054 | 4-Traders
Technical analysis trends ORACLE CORPORATION
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Income Statement Evolution
Consensus
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Mean consensus OUTPERFORM
Number of Analysts 37
Average target price 55,6 $
Spread / Average Target 12%
EPS Revisions
Managers
NameTitle
Safra Ada Catz Co-CEO, Principal Financial Officer & Director
Mark V. Hurd Co-Chief Executive Officer & Director
Lawrence Joseph Ellison Executive Chairman & Chief Technology Officer
Karl Braitberg Senior Vice President-Worldwide Operations
Mark E. Sunday Chief Information Officer & Senior Vice President
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