Oracle says AI coding tools are helping it dodge the SaaSpocalypse

Oracle says AI code generation tools have become so efficient, and it is so good at using them, that it will dodge the SaaSpocalypse and watch smaller rivals suffer.

Big Red delivered that news in its Q3 results, after which co-CEO Mike Sicilia used the company’s earnings call to say “AI tools and their coding capabilities would be a threat if we weren't adopting them, but we are and very rapidly.”

“The use of AI coding tools inside Oracle is enabling smaller engineering teams to deliver more complete solutions to our customers more quickly,” he said. “We are building brand-new SaaS products using AI and also embedding AI agents right into our existing application suites.”

Sicilia said Oracle has just built three new customer experience (CX) applications, plus a new website generator it used to refresh its website.

“We've built these new CX products to help our ...