The increasing digitization and the use of analytics across almost every industry to increase work efficiency and magnify opportunities is enhancing the prospects of big data companies. The adoption of Big Data analytics has increased significantly among enterprises as it provides an almost limitless source of business and informational knowledge, improving the operational prospects for businesses.
Moreover, businesses worldwide embracing cloud-based technologies and smart applications and investing in modernizing and automating the work environment leads to the generation of huge databases, driving the big data analytics market. Moreover, the rising adoption of IoT, AI, and ML are also enhancing the employment of data computing and analytics. The global big data analytics market is projected to grow at a CAGR of 13.2% by 2028.
Oracle Corporation (ORCL)
ORCL provides products and services that address enterprise information technology (IT) environments. The company’s businesses include cloud and license, hardware, and services.
On May 12, 2022, Nokia Corp. ADR (NOK) selected ORCL as a part of its global digitization program to use the Oracle Fusion Cloud Human Capital Management (HCM) solution to manage all its HR processes worldwide. This would help Nokia enhance its efficiency, productivity, and business agility and reach the next level of digital maturity. This collaboration with Nokia, one of the leading players in the telecommunication industry, is expected to be strategically beneficial for ORCL.
ORCL announced a new integration between Oracle Service and Oracle Unity by embedding data from Oracle Unity Customer Data Platform (CDP) to Oracle Service. This would provide service agents with real-time customer insights and recommendations, thereby improving agent efficiency and service quality. ORCL’s innovation is expected to be a pivotal differentiator in how companies understand and enhance their customer experiences.
ORCL’s total revenues increased 4.2% from the prior-year quarter to $10.51 billion in the fiscal quarter ended February 28, 2022. Cash and cash equivalents balance stood at $22.68 billion, up 1.6% for the nine months ended February 28, while the net cash provided by investing activities increased 234.8% to $12.38 billion in the same period.
The consensus EPS estimate of $1.13 for the fiscal quarter ending August 2022 represents a 9.3% improvement year-over-year. The consensus revenue estimate of $10.25 billion for the same quarter represents a 5.4% increase from the same period last year. It has an impressive earnings surprise history, as it topped Street EPS estimates in three of the trailing four quarters.
The stock has slumped 8.6% over the past year to close the last trading session at $71.03.
ORCL’s strong fundamentals are reflected in its POWR Ratings. The stock has an overall rating of B, translating to Buy in our POWR ratings system. The POWR ratings are calculated by considering 118 different factors, with each factor weighted to an optimal degree.
ORCL also has a B grade in Stability, Sentiment, and Quality. It is ranked #18 of 159 stocks in the Software – Application industry.
Beyond what is stated above, we’ve also rated ORCL for Value, Momentum, and Growth. Get all the ORCL ratings here.
Teradata Corporation (TDC)
TDC provides a connected multi-cloud data platform for enterprise analytics to various industries, including automotive, energy and natural resources, financial services, government, healthcare, manufacturing, retail, and telco.
For the fiscal first quarter ended March 31, 2022, TDC’s total revenue increased 1% year-over-year to $496 million, while its net cash provided by…
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