Oracle followed that up with an announcement with NetSuite Inc (NYSE:N) targeting the mid-sized corporate cloud-computing market. With Oracle CEO Larry Ellison having a substantial stake in NetSuite Inc (NYSE:N), the deal will integrate NetSuite Inc (NYSE:N)’s enterprise resource-planning capabilities into Oracle’s broader product offerings.
Most important, though, was Oracle’s partnership with salesforce.com, inc. (NYSE:CRM). For the next nine years, the two companies will work together on their applications, platform, and infrastructure segments, with Oracle planning to provide the core technology powering salesforce.com, inc. (NYSE:CRM)’s applications and platform and to integrate salesforce.com, inc. (NYSE:CRM) with its Fusion HCM and Financial Cloud. Salesforce, meanwhile, will implement those two applications and standardize using Oracle’s Linux, Exadata, Database, and Java Middleware platform.
In the Oracle Corporation (NYSE:ORCL) earnings report, watch to see how the initial stages of all these partnerships are going. Investors will want to see faster growth as a result of these deals, and if they don’t get it, they’ll question Oracle’s broader strategy — and perhaps once again send shares tanking after the report. If Oracle does grow, though, then it could signal another move up for the stock.
The article Will Oracle Earnings Turn the Stock Around? originally appeared on Fool.com and is written by Dan Caplinger.
Fool contributor Dan Caplinger has no position in any stocks mentioned. You can follow him on Twitter @DanCaplinger. The Motley Fool recommends NetSuite and Salesforce.com. The Motley Fool owns shares of Microsoft and Oracle.
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