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Its maintenance and support revenue rose 12 percent, to $3.45 billion.
But consulting, education and support revenue grew just 10percentto to $1.4 billion.
As open source penetrates further into enterprises, service and support revenue will grow.
Oracle posted better-than-expected results for its first quarter on the back of strong sales of new software products and higher maintenance and support revenue.
Revenue in the period, which ended April 30, rose 7.8 percent to $247.9 million, compared to $230 million, as system and software revenue increased 7 percent, to $149.4 million, and service and support revenue increased 9 percent, to $98.6 million.
Reuters also reported Boehner repeating his earlier views that his party was willing to support revenue increases if the Democratic party agreed to approve spending cuts: I am optimistic that we can continue to work together to avert this crisis sooner rather than later.
Similar(41)
Consulting, education and support revenues increased 7percentto to $1.5 billion.
Subscription and support revenues were $842 million, an increase of 29% on a year-over-year basis.
Subscription and support revenues were $903 million, also a 31percentt increase on a year-over-year basis.
Subscription and support revenues were $509 million, an increase of 38% on a year-over-year basis.
But the company publicly launched itSubscriptionduct Chander, to the enterprisupportd and is seeing trevenues
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CEO of Professional Science Editing for Scientists @ prosciediting.com