Results for: Azure

Microsoft’s fiscal third-quarter performance exceeded expectations, showcasing the company’s strength in monetizing artificial intelligence through its Azure cloud unit. Azure revenue surged 31% year-over-year, driven by robust demand for its tech stack. Wall Street analysts praised the results, highlighting the resilience of Microsoft’s business amidst concerns about the impact of generative AI, inflation, and broader software sector challenges. Analysts raised their price targets and maintained bullish ratings, expressing confidence in Microsoft’s ability to execute profitably and capitalize on long-term growth prospects in the AI landscape.

Microsoft’s upcoming quarterly report is expected to showcase the success of its AI initiatives, including features powered by OpenAI’s technology, which may have narrowed the gap between Microsoft and cloud-computing market leader Amazon.com.

Oracle Database@Azure, a powerful cloud database service, is now available in three regions worldwide, including Azure U.K. South, Germany West Central, and East U.S. To meet growing demand, Microsoft and Oracle plan to make it available in an additional 12 regions globally by the end of 2024.

Oracle Database@Azure delivers all the performance, scale, and availability advantages of Oracle Database on Oracle Cloud Infrastructure (OCI) with the comprehensive application and developer services of Microsoft (NASDAQ: MSFT) Azure.

Conduent (NASDAQ: CNDT) has improved application performance and enabled real-time transaction processing by migrating its on-premises Oracle Exadata environment to the cloud with Oracle Database@Azure.

Voya Financial, Inc. (NYSE: VOYA) has been able to advance the delivery of high-performance, low-latency applications to its customers, while helping ensure the security and protection of their data with Oracle Database@Azure.

New solutions and certifications are now available to help businesses leverage disaster recovery and high availability on Oracle Database@Azure, including Oracle Maximum Availability Architecture (MAA) Silver and Gold levels, Oracle GoldenGate, and several reference architectures.