Atlan Launches Generally Available Microsoft Fabric Connector With OneLake Interoperability

Oracle is repositioning its database business around cloud consumption, raising the question of whether its historically lucrative database franchise can sustain margins as delivery shifts from licenses to usage. Oracle made Exadata Database Service on Exascale Infrastructure generally available on Oracle AI Database@AWS with pay-per-use pricing, and signed an expanded long-term collaboration agreement with Amazon Web Services to accelerate customer migrations, with the service now spanning 22 AWS Regions. In first-quarter fiscal 2027 results, multicloud database revenues surged 353% year over year, multicloud customers rose 180%, and Oracle completed its planned expansion across Azure and AWS, reaching 70 multicloud database regions. The shift carries margin trade-offs: software revenues, home to legacy license and support streams, declined 3% to $5.5 billion as customers migrated on-premise workloads to the cloud, while pay-per-use pricing lowers entry price points and partner-hosted deployments add capital intensity. Consolidated profitability has held firm so far, with total revenues up 30% to $19.3 billion, non-GAAP operating income up 31% to $8.2 billion, implying a margin of about 42%, and GAAP operating income up 57% to $6.7 billion, though capital expenditures reached $28.5 billion, leaving free cash flow at negative $5 billion, and Oracle expects to raise about $40 billion through debt and equity in fiscal 2027. For the second quarter, Oracle projects revenue growth of 30-34%, cloud revenue growth of 65-71% and non-GAAP EPS of $1.85-$1.93, while for fiscal 2027 it expects revenues of at least $90 billion and non-GAAP EPS of $8.10, supported by remaining performance obligations of $664 billion.