“Oracle has reached an inflection point in terms of migrating its large on-premises Oracle Database installed base, which is supported by a significant application developer and enterprise DBA ecosystem, to Oracle Cloud. We therefore believe that Oracle is well positioned to emerge as the #3 or #4 vendor in the PaaS/IaaS market and as the #2 vendor in the SaaS market—enabling the company to continue to reaccelerate revenue growth into the double digits."