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Oracle signs a $30 billion annual cloud contract, significantly increasing its cloud revenue potential.

Jun 30, 2025•12 months ago

Contract Type

contract

AustinOtherInformation TechnologyHardwareNatural ResourcesSoftwareData And AnalyticsNavigation And MappingMessaging And TelecommunicationsEnterprise SoftwareConsultingIt ManagementCloud Computing

Description

Oracle Corp. has announced a new cloud deal valued at $30 billion in annual revenue, set to begin in fiscal year 2028. This contract is among the largest cloud agreements ever recorded, promising to substantially boost Oracle's existing cloud infrastructure business.

Company Information

Company

Oracle Corporation

Location

Austin, Texas, United States

About

Oracle Corporation is a multinational computer technology corporation that offers software, cloud solutions, and hardware products. It is best known for its database software and technology, as well as enterprise software products. The company provides integrated cloud applications and platform services.

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