Oracle Corporation (NYSE:ORCL) Q1 2020 Earnings Conference Call - Final Transcript
Sep 12, 2019 • 05:00 pm ET
Lawrence J. Ellison
out, huge cost savings, and we -- there are no human beings involved, and they can't make those kind of mistakes.
All right, so we're still early on in the Autonomous Database in terms of -- it's only been around -- we announced it in Open World 2017, two years ago and really showed up in 2018, and now we're beginning to get some traction with this exciting new technology. It's proving to be the most exciting and successful new product offering in the history of our Company.
So here -- I'm sorry, Am I missing -- all right, so here's some recent data. In Q1, we added more than 3,700 new Autonomous Database trials. We now have over 2,000 customers, paying customers, for the Autonomous Database. We're seeing incredible pull-through with the Autonomous Database. And you come to Oracle -- the Oracle Cloud to use the Autonomous Database, and then you use a variety of other services. About 45% of the people who are using Autonomous Database are also using our Oracle Analytics Cloud. By the way, they're also using Microsoft analytics, they're using Cognos, they're using a variety of other tools, but primarily they're using Oracle Analytics.
We've added many customers to Autonomous Database that weren't Oracle customers at all. 13% of the people using Autonomous Database had never bought a database from Oracle Corporation. 43% of the workloads that are going on to Autonomous Database are net new. They're not moving them from On-Premise to the Autonomous Database, but half of them move from On-Premise to Autonomous Database. Almost the other half, 43%, are just net-new applications.
We've had some fabulous wins in the quarter. Obviously, I'm not going to mention all -- you know we have over 500 wins, Autonomous Database wins, in the quarter. I'm not going to mention all 500. But 7-Eleven is moving all their point-of-sale data to the Autonomous Data warehouse, Cargojet Canada; Johnson Controls; LATAM Airlines is moving their On-Premise data centers to OCI to get the advantage and security of the Autonomous Database; Siemens Energy; Stanley Black & Decker, getting much faster data reporting on their analytics; Oh, yes, and one more company moving to the Autonomous Database, Uber.
And with that, let's turn it back to the operator.
Thank you, Larry. Holly, before we go to the Q&A, just a couple of clarifications because I had a couple of e-mails on this. The non-GAAP tax rate for the quarter was 19.8%. And then for fiscal year 2020, we expect for the full year, this will be our third consecutive year of double-digit earnings growth.
With that, Holly, why don't we turn up to Q&A?