Cloud Leader, Week of March 21, 2016 |  Web View   Forward to a Friend CLOUD LEADER News and Analysis to Guide Your Strategy   Editor's Note: Cloud Momentum Oracle's recently disclosed financial results for the third quarter of FY16 provide a snapshot of not just how Oracle's own business is going but also how quickly Oracle's customers are making the transition to the cloud. Here are just three data points from the quarterly results announced March 15 that show this cloud momentum: Oracle's software as a service (SaaS) and platform as a service (PaaS) revenue in Q3 grew 61 percent (in constant currency), to $583 million 942 companies signed up for Oracle SaaS for the first time, to bring the total number of SaaS customers to 11,000, including more than 1,800 for cloud ERP 1,143 new PaaS customers, for a total of nearly 5,000 And Oracle is taking steps to make it even easier for customers to buy and deploy cloud services and to meet their changing expectations for speed and efficiency. The company's leadership last week described to employees a new, simplified sales process that endeavors to enable most software deals to close much faster. "We are really aiming to be the easiest company in the business to do business with, and you're going to see some very good, positive changes that we think our customers will love," Oracle CEO Safra Catz said on a conference call about the Q3 results. —By Chris Murphy, Oracle Director of Cloud Content More Cloud News Ellison: Oracle Poised to Topple SaaS, PaaS Rivals  Developing for Cloud Requires Speed—and a Startup Spirit  Oracle Cloud Momentum: Proof In 4 Financial Metrics And 1 New Initiative  Cloud Innovator Gulf Region Retailer Turns to Cloud to Fuel Diversification, Innovation ADNOC Distribution, the downstream delivery subsidiary of state-owned Abu Dhabi National Oil Co., is adapting to difficult and changing market conditions, including tumbling oil prices. To keep pace with its increasing and diversifying business requirements while keeping costs in check, ADNOC Distribution is using Oracle Cloud Platform services. For example, using the cloud for development instead of having to acquire and implement the necessary server, software, and networking infrastructure "reduced a big portion of IT investment," says Awad El-Siddiq, senior database administrator and enterprise architect. Five-Year Tech Roadmap  Get Started with Oracle Cloud Video: Top 5 Reasons to Attend Modern Finance Experience 2016  Blog: How SMEs Can Win with Supply Chain Management  Infographic: Modern Project Management  Trials, Demos, and Briefings: Oracle Cloud  A Successful Roadmap to the HCM Cloud Moving from a complex, customized environment to a simpler, standardized cloud environment takes a mindset change. Following a strategic roadmap and keeping some major considerations in mind can help. But first HR leaders must decide where to begin the transformation to the cloud. Five Areas to Focus On First  Quote of the Week "With Oracle Sales Cloud and Oracle Fusion Middleware, we built a flexible and cost-effective global franchise business support system to improve operating efficiency and support future growth. Thanks to Oracle, our staff can access enterprise data three times faster." —Song-Kue Park, Team Manager, Information Strategy Team, Daekyo  Events Oracle Cloud Day: Transforming Your Tomorrow March through April | North America Oracle EPM Innovation Day March through April | North America Oracle CloudWorld: Modern Business in the Cloud March and April | Worldwide Oracle HCM World April 5–7 | Chicago, Illinois Modern Finance Experience April 6–7 | Chicago, Illinois Planning and Budgeting in the Cloud Made Simple April 7 | Online Event COLLABORATE 16 April 10–14 | Las Vegas, Nevada Oracle Industry Connect April 11–13 | Orlando, Florida Oracle Modern Customer Experience: Service, Commerce, Sales, and Marketing April 26–28 | Las Vegas, Nevada Stay connected Visit the Oracle Account page to subscribe to this newsletter and other Oracle publications.   Global Contacts     Sales Chat Live Please send questions or comments to newsletter_feedback_us@oracle.com. 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