Oracle is at that stage where they didn't invent or do anything right in the last 5 years but try to get money from lawsuits.
From what I've been told by a contact in their database sales team is that there pipeline for on-premise licenses is drying up quickly but their SaaS business is doing well.
I hear they are desperately pushing new cloud offerings, but they are having lots of problems with customer retention, as their cloud technology is really not ready so they are actually just selling hosted versions of the existing products that lack any cost advantage.