Investment Thesis
Oracle is transforming from on-prem software provider to cloud-first platform. Fusion ERP, NetSuite, and Oracle Cloud Infrastructure (OCI) deliver recurring revenue with high switching costs and expanding operating leverage.
- Cloud ERP Leadership: Fusion and NetSuite remain the go-to platforms for enterprise resource planning modernization.
- OCI Momentum: Partnerships with NVIDIA, Microsoft, and public-sector clients accelerate OCI’s hyperscale expansion.
- Mission-Critical Stickiness: Database, healthcare, and industry apps create high renewal rates and steady cash flow.