Hi and welcome to episode 178 of The ERP Minute. I’m your host, Rebekah McCabe.
To kick off the week, Oracle announced fiscal 2025 Q3 results. Total Revenue was $14.1 billion, up 6% year-over-year. Total Cloud Revenue was $6.2 billion, up 23% year-over-year, with Fusion Cloud ERP Revenue at $0.9 billion, up 16%. NetSuite Cloud ERP Revenue was $0.9 billion, also up 16% year-over-year. These results show major momentum for Oracle and NetSuite as product adoption quarter to quarter is on the rise.
Then, Unit4 announced significant milestones as it continues to innovate and serve its global customer base. These developments include notable progress in customer cloud migrations, the launch of a new tier of service offerings, and the welcoming of new executives into key leadership roles. Unit4 was able to accelerate its customers cloud migrations across multiple industries. The vendor also heavily built out its Success4U catalogs and offerings to bring its solutions to customers in need of less extensive vendor support. Finally, Unit4 welcomed new CEO, Simon Paris, as well as other key executives to further its global expansion. Overall, it was a successful year for Unit4 who continues to focus on moving into new markets and making its cloud solutions more available to potential customers.
To round out the week, Salesforce announced plans to invest $1 billion in Singapore over the next five years. This investment underscores Salesforce’s support for Singapore’s National AI Strategy 2.0 and the nation’s vision as a driver of global AI innovation. Salesforce is committed to global expansion and is investing in the markets they know will accelerate adoptions, especially of Agentforce.
Thanks for tuning into The ERP Minute. We are always looking for newsworthy material to share with our listeners, so send us breaking ERP news! Make sure you subscribe to our Apple Podcast, Spotify, and YouTube channels so you never miss an episode. We’ll see you next week.
