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Oracle to invest $1 billion to support partner ecosystem

Verdict ·

ORCL Oracle Corp
$126.06 -0.08%
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  1. 1Oracle will invest approximately $1 billion over the next four years to support its partner ecosystem.
  2. 2Mark Hurd, Oracle Global Field Operations President, said partners expand sales reach and delivery capabilities while bringing innovation and investment.
  3. 3Lia Yomtobian, Oracle Senior Vice President of Partner, Sales and Operations Strategy, stated this investment is designed to support partner diversity.

So what's the key point?

Oracle has decided to spend $1 billion to help its partners. This decision is intended to help partners become more diverse and bring about innovation.

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