Oracle’s cloud and common Fusion applications are a full-stack solution for the telecoms industry

Oracle used its Analyst Summit in Redwood California to provide the latest update on the Oracle Cloud Infrastructure (OCI) services, the Oracle Fusion Applications (OFA) solution and its other telecoms market-specific solutions. The company’s significant USD28.3 billion acquisition of Cerner contributed to its year-on-year revenue growth of 17.7%, surpassing the previous 10-year CAGR of 3%. Oracle already has industry-specific applications, including those for the telecoms market, but it seems to be to be putting more energy and resources into supporting its industry approach.