Oracle closed its $28.3 billion acquisition of EHR vendor Cerner in the summer last year, expanding its presence in the healthcare sector. Management has warned that Cerner will face some headwinds as ...
Oracle's second-quarter revenue fell short of analysts' expectations, dragged down by its Cerner business and slowing cloud growth. The software giant's total revenue for the quarter grew 4%, but ...
Cerner brought in $1.5 billion in revenue in the latest quarter, boosting strong growth for enterprise software giant Oracle. The health IT company also generated $5.9 billion in revenue for Oracle's ...
Oracle acquired Cerner for $28.3 billion in 2022 in the software firm’s largest acquisition ever. With the deal, Oracle also inherited the electronic health records vendor’s beleaguered contract with ...
Oracle's core competitive advantage in the on-premises relational database market is eroding due to cloud migration and rising unstructured data. New cloud-based database service providers offer ...
Since Oracle completed its $28.4 billion acquisition of Cerner in June, the tech giant has made multiple changes to Cerner’s leadership and operations. In July, an internal email from an Oracle ...
The Cerner effect seems to be kicking in at Oracle, contributing $1.5 billion to Q3 revenues of $12.4 billion, up 18% year-on-year. Cloud revenue was up 45% to $4.1 billion, while cloud services and ...
Here are 11 of the top headlines about EHR vendor Oracle Cerner from the past 30 days, as reported by Becker’s. 1. Oracle Cerner ranked No. 3 in EHR market share outside the U.S., KLAS Research ...
After reporting a jump in cloud revenue and record annual sales earlier this week, Oracle is reportedly laying off Cerner employees, casting a shadow on plans for its $28 billion acquisition of the ...
To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min A onetime senior health official ...
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