Oracle Corporation is an American multinational computer technology corporation headquartered in Austin, Texas. In 2019, Oracle was the second-largest software company by revenue and market capitalization. Larry Ellison co-founded Oracle Corporation in 1977 with Bob Miner and Ed Oates under the name Software Development Laboratories.
About Oracle Corporation in brief
Oracle Corporation is an American multinational computer technology corporation headquartered in Austin, Texas. The company sells database software and technology, cloud engineered systems, and enterprise software products. In 2019, Oracle was the second-largest software company by revenue and market capitalization. Larry Ellison co-founded Oracle Corporation in 1977 with Bob Miner and Ed Oates under the name Software Development Laboratories. Oracle ranked No. 82 in the 2018 Fortune 500 list of the largest United States corporations by total revenue. According to Bloomberg, Oracle’s CEO-to-employee pay ratio is 1,205: 1. The CEO’s compensation in 2017 was USD 108,295,023. Oracle also sells a suite of business applications. The Oracle E-Business Suite includes software to perform various enterprise functions related to financials, manufacturing, customer relationship management, enterprise resource planning and human resource management. Oracle’s E-delivery service provides generic downloadable Oracle software and documentation. Oracle has acquired and developed the following additional database technologies: Oracle Fusion Middleware is a family of middleware software products, including application server, system integration, business process management, user interaction, content management, identity management and business intelligence products. Oracle Secure Enterprise Search gives users the ability to search for content across multiple locations, including websites, XML files, file servers, and content management systems. Oracle Retail Suitecovers the retail-industry vertical, providing merchandise management, price management, invoice matching, allocations, store operations management, warehouse management, demand forecasting, merchandise financial planning, assortment planning, and category management.
Users can access these facilities through a browser interface over the Internet or via a corporate intranet. Oracle Certified Partners works with third-party vendors for archiving, splitting and control, CRM systems, as well as human resources functions in more niche areas like financial, risk management, governance, and compliance. Vendors include Hewlettlett-Packard, Creoal Consulting, UC4 Software, Motus, Knoa Software, and Primavera Software. Oracle is one of the approved employers of ACCA and the median employee compensation rate was USD 89,887. Customers can use Beehive as licensed software or as software as a service. Oracle also offers a range of cloud-based management tools for Oracle Enterprise Manager, such as Oracle Cloud Manager, Oracle Cloud Security, and Oracle Cloud Infrastructure Manager, among others. Oracle offers a variety of cloud services, including cloud storage, virtualization, and virtualization management, including Oracle Cloud Cloud, which allows users to remotely manage their cloud services from anywhere in the world. It also offers cloud services for Oracle Cloud, including the Oracle Cloud Platform, which is available in the cloud and on the cloud. It has acquired several companies over the past few years, including Sun Microsystems, Microsoft, SAP, Salesforce, and Hewlett- Packard, among other companies. Oracle was founded by Larry Ellison and Bob Miner in 1977. Ellison wanted to make Oracle’s product compatible with IBM System R database, but failed to do so as IBM kept the error codes for their DBMS a secret.
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This page is based on the article Oracle Corporation published in Wikipedia (as of Dec. 12, 2020) and was automatically summarized using artificial intelligence.
