‘Today, we are faced with a once-in-a-generation moment where AI changes everything,’ Oracle co-CEO Mike Sicilia says.

Greater hardware flexibility, deepening multicloud partnerships, allowing enterprises to securely leverage private data for artificial intelligence and leaning into AI agents are some of the ways Oracle, its revamped leadership team and partners are taking on the AI era.

The Austin, Texas-based cloud and database products vendor will pursue this strategy as it chases a lofty goal of $225 billion in consolidated fiscal year 2030 revenues, as disclosed at the vendor’s AI World conference that recently wrapped in Las Vegas. Reaching that goal would mean a 31 percent compound annual growth rate (CAGR).

“Today, we are faced with a once-in-a-generation moment where AI changes everything,” one of the nearly 50-year-old company’s two new co-CEOs, Mike Sicilia, said in his AI World keynote address. “All of our collective innovations along the way serve as the foundation for our AI platform going forward.”

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Oracle Eyes $225 Billion

The vendor also said it crossed a remaining performance obligation (RPO) of $500 billion, as promised to analysts on the vendor’s September earnings call. Oracle added about $65 billion in total contract value (TCV) in about 30 days for OCI, Morgan Stanley said in a report Friday.

Scott Whitley, chief revenue officer of Troy, Mich.-based Oracle solution provider Centroid Systems, told CRN in a recent interview that business is booming with the database giant. The vendor’s massive backlog of AI business has served as a tailoring for the solution provider.

https://www.crn.com/news/ai/2025/analysis-how-oracle-is-differentiating-for-the-agentic-ai-era-in-quest-for-225-billion