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Oracle
-0.72%
IT / Software and cloud computing
At a Glance | Core Facts | Company | Industry | Competitors | Stock Swings | News | Income | Balance | Cash Flow | Growth | Enterprise | Ratios | Metrics | Dividends | Risks | SWOT | Porter's Five Forces | PEST | Score Positive | Clusters | Reports | WebOracle Corporation is a multinational technology company headquartered in Redwood Shores, California. It was founded in 1977 by Larry Ellison, Bob Miner, and Ed Oates and specializes in developing and marketing database software and technology, cloud engineered systems, and enterprise software products.
The company initially focused on developing databases, but has since expanded its offerings to include human resource management, supply chain management, marketing, and customer relationship management software. Oracle also offers consulting, training, and support services for its products.
Oracle has grown significantly over the years and is now one of the largest technology companies in the world, with annual revenues of over $39 billion in fiscal year 2020. It has a global presence, with operations in over 150 countries and over 135,000 employees.
Oracle serves a wide range of industries, including financial services, healthcare, retail, telecommunications, and government organizations. It has a large portfolio of customers, ranging from small businesses to Fortune 500 companies.
In recent years, Oracle has been expanding into the cloud computing market, offering cloud-based versions of its software and platforms. It also acquired several companies to enhance its cloud offerings, including NetSuite, a leading cloud-based financial management software company.
The company has a strong commitment to innovation and invests a significant amount of its revenue in research and development. This has helped Oracle stay at the forefront of the rapidly evolving technology landscape.
In addition to its business operations, Oracle is also known for its philanthropic efforts. The company has a strong corporate social responsibility program, focusing on education, health, and human services, and disaster relief efforts around the world.
1. Wide Range of Products and Services: Oracle offers a comprehensive range of products and services including database management, cloud infrastructure, enterprise software, and hardware systems. This makes it a one-stop solution for businesses looking for technological solutions.
2. Innovation and Research: Oracle has a strong focus on research and development, with thousands of engineers and researchers constantly working to improve its products and services. This commitment to innovation has helped Oracle remain at the forefront of the technology industry.
3. Global Presence: Oracle has a strong global presence with operations in over 145 countries. This enables the company to serve a diverse range of clients and adapt to local market needs.
4. Strong Customer Base: Oracle has a loyal and diverse customer base, including Fortune 500 companies, government agencies, and small businesses. This is a testament to the company’s reliability and quality of products and services.
5. Industry Expertise: Oracle has a deep understanding of various industries such as finance, healthcare, education, and retail, among others. This expertise allows them to develop tailored solutions to meet the unique needs of each industry.
6. Cloud Computing: Oracle has made significant investments in cloud infrastructure, making it a leader in this space. Its cloud offerings are known for their scalability, security, and reliability.
7. Acquisition Strategy: Oracle has a history of successful acquisitions, allowing the company to expand its product offerings and stay competitive in the market.
8. Strong Partnership Ecosystem: Oracle has strategic partnerships with other leading tech companies, allowing them to integrate their products and services seamlessly, providing more value to their customers.
9. Emphasis on Corporate Citizenship: Oracle prioritizes corporate social responsibility initiatives such as education, environmental sustainability, and charitable giving, showing its commitment to making a positive impact in the world.
10. Leadership and Vision: Oracle’s leadership team, including founder Larry Ellison, is known for their visionary thinking and ability to adapt to changing market dynamics, keeping the company at the forefront of the industry.
Oracle is primarily a software and cloud services company that provides enterprise software products and services targeting markets such as Cloud Computing, Data Management, Business Analytics, and Enterprise Resource Planning (ERP). Their business model involves selling software licenses, hardware, and consulting and support services to businesses and organizations of all sizes. They have a wide range of offerings and often bundle multiple products and services together to create comprehensive solutions for their customers. Additionally, Oracle also has a strong focus on innovation and regularly acquires other companies and technologies to expand its offerings and stay competitive in the market. They also have a significant presence in the cloud hosting and infrastructure market, providing cloud-based solutions and services to businesses.
1. Oracle was founded in 1977 by Larry Ellison, Bob Miner, and Ed Oates.
2. The company’s name was originally Relational Software, Inc. but was changed to Oracle Corporation in 1982.
3. Oracle is headquartered in Redwood Shores, California, and has offices in over 145 countries.
4. Larry Ellison, one of the co-founders, was the CEO of Oracle until 2014. He is now the company’s chairman and chief technology officer.
5. The company’s first product was named Oracle Database, and it was the first commercially available relational database management system.
6. Oracle’s primary competitor is Microsoft, with its own relational database management system, SQL Server.
7. Oracle has acquired over 180 companies since its inception, with its most notable acquisitions being Sun Microsystems in 2010 and PeopleSoft in 2005.
8. Oracle’s current CEO and executive chairman, Safra Catz, was the highest paid female executive in the United States in 2019.
9. The company has been involved in several high-profile legal battles, including a long-running case against Google over copyright infringement related to the Android operating system.
10. Oracle is a major player in the cloud computing market, with its cloud infrastructure and software services bringing in over $6 billion in revenue in 2021.