Oracle Corporation is a multinational company in the Technology sector, operating in the software and programming industry. It was founded by Larry Ellison, Bob Miner, and Ed Oates.
As one of the world’s leading providers of enterprise IT solutions, the company offers a broad portfolio that includes databases, cloud computing, enterprise software, and hardware infrastructure.
Oracle’s products and services are used by businesses of all sizes, government agencies, educational institutions, and resellers.
Its distribution model combines direct sales through a global team with a network of strategic partners.
The company offers a comprehensive set of solutions organized into three main segments:
• Oracle Cloud Services: A cloud platform offering Software as a Service (SaaS) and Infrastructure as a Service (IaaS), enabling customers to build, deploy, and manage enterprise applications in the cloud.
• Database and Software: Solutions for data management, enterprise applications, and software development tools, available for deployment in Oracle Cloud or on-premises IT environments.
• Hardware: A product line of servers, storage systems, and specialized equipment designed to optimize the performance of Oracle solutions in enterprise data centers.
With global operations, Oracle serves clients in sectors such as finance, healthcare, telecommunications, retail, and manufacturing, supporting the transformation of business processes and IT infrastructure.
Key market drivers include growing demand for cloud computing, advancements in artificial intelligence, and the automation of data management.
To remain competitive, Oracle invests heavily in research and development, expanding its offerings in cloud computing, data security, and artificial intelligence.
With approximately 135,000 employees, the company maintains a robust operational structure, including offices, research centers, and data centers around the world.
Its business model combines software licensing, subscription services, and technical support, ensuring recurring revenue and ongoing innovation.
Oracle Corporation is listed on the New York Stock Exchange (NYSE) under the ticker ORCL.
History and Founding of Oracle Corporation
Oracle Corporation was established in 1977 in Santa Clara, California, under the name Software Development Laboratories (SDL), with the goal of developing database management systems for businesses.
In 1979, the company changed its name to Relational Systems Inc. (RSI) and launched its first commercial database product.
The following year, it officially became Oracle Systems Corporation, a name inspired by “Project Oracle,” a U.S. government initiative that used its technology for data processing.
The company experienced rapid growth during the 1980s, driven by the adoption of relational databases by large enterprises.
In 1986, Oracle conducted its initial public offering (IPO) on the NYSE, raising capital to expand its global operations.
Throughout the 1990s, Oracle diversified its portfolio, developing enterprise applications and business management software (ERP and CRM), as well as internet solutions.
In 1995, it adopted the name Oracle Corporation, reinforcing its position as a leading provider of enterprise technology.
During the 2000s, the company pursued an aggressive acquisition strategy, acquiring firms such as PeopleSoft (2004), Siebel Systems (2005), BEA Systems (2008), and Sun Microsystems (2010). The acquisition of Sun Microsystems brought Java programming language and SPARC servers into Oracle’s portfolio.
Between 2020 and 2024, Oracle significantly expanded its cloud computing operations, growing its infrastructure services to compete directly with major players such as Amazon Web Services (AWS) and Microsoft Azure.
The company’s headquarters was relocated to Austin, Texas, following an announcement made in 2020, reflecting its expansion and alignment with evolving trends in the technology market.
Additional Information
The Company Oracle Corporation (United States), is listed on NYSE with a market cap of $ 561.70 Billions, having an equity of $ 24.67 Billions.
With a total of 135.000 employees, the company is listed in the sector of Technology and categorized in industry of Software.
In the last 12 months the Company had a revenue of $ 59.02 Billions, which generated a profit in the amount of $ 12.44 Billions.
As for its main indicators, the Company has a P/E ratio of 45.15, a P/BV ratio of 22.77 and in the last 12 months the dividend yield of ORCL was at 0.96%.
The Company is traded internationally through the ticker ORCL.