Oracle's Cloud Guru on How Cloud Services Will Transform Companies and Oracle Itself

Oracle's  (ORCL) - Get Report  $9.3 billion acquisition of NetSuite  (N) is the latest example of Oracle's commitment to growing its cloud-based services, according to Steve Daheb, Senior Vice President of Oracle Cloud. Daheb explains that just a small about of corporate workloads run in the Cloud currently, providing ample opportunity for growth. Daheb says unlike other cloud providers, Oracle offers a range of services for companies, including software, platform and infrastructure services. He adds that Oracle is ramping up hiring in the cloud business.