Oracle has also made its mark on the cloud computing space . In June , the American firm reported better-than-expected results for Q4 2019 , noting that Cloud Services and License Support revenues were $ 6.8bn , while Cloud License and On-Premise License revenues were $ 2.5 bn . In the same month , Microsoft Corp and Oracle announced an agreement to bridge the gap between Microsoft Azure and Oracle Cloud Infrastructure ( OCI ), which “ will only help accelerate the transition from on-premise database to the Autonomous Database service ,” said co-Chief Executive Officer Safra Catz .

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