Siti Panigrahi's questions to Oracle Corp (ORCL) leadership • Q4 2025
Question
Siti Panigrahi of Mizuho Securities asked about the cloud database business, customer migration trends from on-premise, and the expected contribution of cloud database revenue to OCI's projected 70% growth.
Answer
CEO Safra Catz described the database business as 'on fire,' with strong growth across license, support, and cloud services, noting the vast majority of the business is still on-premise. CTO Lawrence Ellison provided a powerful example, stating that migrating $10 billion of database support revenue to the cloud would generate at least $50 billion in total cloud revenue, as it includes compute and networking services.