Oracle Corporation is an American multinational computer technology corporation that specializes in developing and selling enterprise software products, including database management systems, cloud services, and enterprise software applications. Founded in 1977, the company has grown to become one of the largest technology companies in the world; one of Oracle’s most well-known products is the Oracle Database, which is a powerful relational database management system that is used by thousands of organizations worldwide. The company has also expanded into other areas, such as cloud services, enterprise software applications, and hardware systems, among others. Oracle has a strong reputation for innovation and has been at the forefront of many technological developments over the years. The company invests heavily in research and development, with a particular focus on emerging technologies such as artificial intelligence and machine learning. Overall, Oracle is a global leader in enterprise software and is well-known for its high-quality products and services, innovation, and commitment to customer satisfaction.
- Oracle Corporation was founded in 1977 by Larry Ellison, Bob Miner, and Ed Oates.
- The name “Oracle” was chosen because the founders believed the name evoked “the precision and clarity of the Oracle of Delphi”.
- Oracle’s first product was a relational database management system called Oracle Database, which was released in 1979.
- Oracle is headquartered in Redwood City, California, and has more than 170,000 employees worldwide.
- Oracle is one of the largest software companies in the world, with a market capitalization of over $250 billion.
- In the FY2022 the company gained a revenue of US$42B.
- The company has a customer base of around 430,000 customers across 175 countries.
- The company has acquired more than 200 companies since its founding, including Sun Microsystems, PeopleSoft, and NetSuite.
- Oracle’s products are used by thousands of organizations worldwide, including many Fortune 500 companies.
- The company has 15,000 customer support and service specialists speaking 29 languages.
- The company spent More than US$64B in R&D since FY2012.
- Oracle is a major player in the cloud computing industry, with its Oracle Cloud Infrastructure platform offering a range of cloud-based services.
- Larry Ellison, one of Oracle’s founders, is one of the wealthiest people in the world, with a net worth of over $100 billion.
- Oracle was the first company to introduce commercial SQL database management software.
- The company spent over US$110B+ on acquiring more than 150 different companies.
- The company’s Oracle Database has been the number one database in terms of revenue and market share for many years.
- Oracle is the second-largest software company in the world after Microsoft.
- Oracle has a strong commitment to sustainability and has set a goal to reduce its carbon footprint by 50% by 2030.
- The company has a strong presence in the education sector, offering a range of software and services for educational institutions.
- Oracle has a strong focus on diversity and inclusion and has been recognized for its efforts in this area by numerous organizations.
- Oracle is a major contributor to open-source software, with its contributions including the MySQL and OpenJDK projects.
- Oracle has been named one of the World’s Most Ethical Companies by the Ethisphere Institute for several years in a row.
- Oracle’s executive chairman and CTO, Larry Ellison, is an avid sailor and has won several sailing competitions, including America’s Cup.
- The company has more than 18,900 patents worldwide.
