Oracle announced the forthcoming hiring of thousands of cloud sales
professionals in the EMEA region. The reason for the decision is a sharp
increase in cloud business revenue in the past financial year.
Oracle recruiting staff
Oracle is recruiting 1,000 new employees in Europe, Africa and the Middle East
(EMEA). Companies need first and foremost sales managers who will contribute to
the growth of cloud business.
In the Russian representation of Oracle explained that the company has not yet determined which specific number of employees will be employed in Russia. The company plans to conduct recruiting around the EMEA region, select the right specialists, and then to see in which country they can come in handy. The applicant must initially have the right to work in the country where he gets, but with the costs of moving, Oracle promises to help.
To search for new employees, Oracle pushed the growth of revenue from cloud services in the last quarter by 58%. Regarding the EMEA region in particular, here the company's revenue from the sale of cloud services and local software for the last quarter was $ 2.5 billion, and by the end of the year - $ 8.4 billion.
In the Russian representation of Oracle explained that the company has not yet determined which specific number of employees will be employed in Russia. The company plans to conduct recruiting around the EMEA region, select the right specialists, and then to see in which country they can come in handy. The applicant must initially have the right to work in the country where he gets, but with the costs of moving, Oracle promises to help.
To search for new employees, Oracle pushed the growth of revenue from cloud services in the last quarter by 58%. Regarding the EMEA region in particular, here the company's revenue from the sale of cloud services and local software for the last quarter was $ 2.5 billion, and by the end of the year - $ 8.4 billion.
Who Needs Oracle
The company seeks employees with higher education and work experience from two
to six years in such areas as sales, personnel management, recruiting,
marketing, finance and supply chain management. Welcome to the familiarity with
cloud technologies and interest in technology in general, as well as strong
personal motivation.
Oracle expects a thousand new employees
The hiring campaign was called "Change begins here". According to
Tino Scholman, vice president of Oracle Cloud in the EMEA region, the company
hopes to attract a whole generation of talented professionals within the
framework of this program.
Results of the quarter
In late June, Oracle reported for the IV quarter. Financial 2017, that is for the period from March to May of the calendar year. Quarterly revenue of the company was $ 10.9 billion, which is 3% more than the same indicator for the previous year. At the same time, sales in the cloud sector reached $ 1.36 billion, showing an annual growth of 58%. Net profit of the company was $ 3.2 billion, showing an increase of 15%.
As a result of the whole fiscal year, Oracle's revenue was $ 37.7 billion, which is 2% more than the previous year's figure. At the same time, revenues from cloud business amounted to $ 4.6 billion, which is 60% more than last year's result. Net profit for the year reached $ 9.3 billion, showing an annual growth of 5%.
The results of the quarter surpassed analysts' expectations, Bloomberg writes. After they were announced, the company's shares jumped by 12%. "Oracle finally overcame the crisis in its cloud attack. For years it was in some ways a struggle. But now, I think they found support under their feet, "said Josh Olson, an analyst at Edward Jones.
Results of the quarter
In late June, Oracle reported for the IV quarter. Financial 2017, that is for the period from March to May of the calendar year. Quarterly revenue of the company was $ 10.9 billion, which is 3% more than the same indicator for the previous year. At the same time, sales in the cloud sector reached $ 1.36 billion, showing an annual growth of 58%. Net profit of the company was $ 3.2 billion, showing an increase of 15%.
As a result of the whole fiscal year, Oracle's revenue was $ 37.7 billion, which is 2% more than the previous year's figure. At the same time, revenues from cloud business amounted to $ 4.6 billion, which is 60% more than last year's result. Net profit for the year reached $ 9.3 billion, showing an annual growth of 5%.
The results of the quarter surpassed analysts' expectations, Bloomberg writes. After they were announced, the company's shares jumped by 12%. "Oracle finally overcame the crisis in its cloud attack. For years it was in some ways a struggle. But now, I think they found support under their feet, "said Josh Olson, an analyst at Edward Jones.
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