With Oracle’s new model, enterprise data is now stored as rows in tables to provide the benefits of the relational model and SQL access. JSON is a data-exchange format with human-readable text that can be used in JavaScript programs without the need for parsing or serializing, and is suitable for storing temporary data. The Database 23c Free Developer Release includes JSON Relational Duality that will allow developers to build applications in either relational or JSON paradigms with a single source of truth. The release is available for download as a Docker Image, VirtualBox VM, or Linux RPM installation file and will not require a user account or login. Recently, Oracle announced the developer release for Oracle Database 23c. Services revenues grew 74% to $1.376 billion. Hardware revenues grew 2% to $811 million.
Cloud license and on-premise license revenues grew 4% to $1.3 billion. The market was looking for an EPS of $1.20.Ĭloud services and license support revenues grew 20% to $8.9 billion. Net income was $1.9 billion or $0.68 per share. Revenue for the third quarter grew 21% to $12.4 billion, in line with analyst estimates. The company is focusing on making its products more focused on developers to improve its product adoption. Oracle (NYSE: ORCL) recently reported its second quarter results that were in line with the market’s expectations.
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