We know Wall Street is fickle but this time the numbers add up just fine. Oracle reported
Q3 results which disappointed investors because sales of new Oracle application licenses grew just 7% compared to 63% in
Q2. While total software revenue grew 21%, Wall Street focused on new applications. It is important to recognize that this is the sweet spot of potential geospatial revenue as well. While we tend to think of only Oracle Spatial/Locator as a feature set, the growth in geospatially-enabled applications, specifically Oracle applications in vertical markets, is where the growth will be. If we see this part of the business slowing, then its likely the adoption of spatially-enable applications will be affected. Caution: this is just a forecast only because in speaking with Oracle at the
Oracle Spatial Users Group meeting, interest in vertical applications for spatial are humming along.
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