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Oracle (NYSE: ORCL) recently reported its second-quarter results that were in line with the market’s expectations. The company is focusing on making its products more focused on developers to improve its product adoption.

Oracle’s Financials

Revenue for the third quarter grew 21% to $12.4 billion, in line with analyst estimates. Net income was $1.9 billion or $0.68 per share. Adjusted EPS was $1.22. The market was looking for an EPS of $1.20.

Cloud services and license support revenues grew 20% to $8.9 billion. Cloud license and on-premise license revenues grew 4% to $1.3 billion. Hardware revenues grew 2% to $811 million. Services revenues grew 74% to $1.376 billion.

Oracle’s Growth Focus

Recently, Oracle announced the developer release for Oracle Database 23c. The release is available for download as a Docker Image, VirtualBox VM, or Linux RPM installation file and will not require a user account or login. The Database 23c Free Developer Release includes JSON Relational Duality that will allow developers to build applications in either relational or JSON paradigms with a single source of truth.

JSON is a data-exchange format with human-readable text that can be used in JavaScript programs without the need for parsing or serializing and is suitable for storing temporary data. With Oracle’s new model, enterprise data is now stored as rows in tables to provide the benefits of the relational model and SQL access. Rows can include JSON columns to store data whose schema is dynamic or evolving, and data can be read and written as JSON documents.

The solution will allow developers to pull out documents, make changes and return them, and the database automatically detects changes and modifies underlying rows. All duality views that share the same data immediately reflect this change, thus avoiding data duplication or inconsistencies. The integration will also make updates easier and will give developers the ability to try a feature that unifies and synchronizes the documents and relational worlds.

The release allows for JavaScript code to be executed closer to data by writing JavaScript Stored Procedures or loading existing JavaScript libraries into Oracle Database. Developers can also ensure and validate JSON document structures via JSON Schemas and build analytical property graph applications with Oracle Database using its new SQL standard property graph queries support. The release includes Kafka APIs that can now run against Oracle Database Transactional Event Queues with minimal code changes and allows for more robust microservices built using transactional events.

Oracle is focusing on giving developers more say into the product development. Traditionally, ITOps have decided on the technology choices for developers. But Oracle is switching that by letting developers decide the technology stack. This is expected to improve the time-to-market and provide them with competitive advantage to choose the most productive stack.

Oracle’s stock is trading at $94.89 with a market capitalization of $256.2 billion. It hit a 52-week high of $95.11 earlier this month and a 52-week low of $60.78 in September last year.

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