Oracle Corporation is an American international information processing organization based in Austin, Texas. The company was previously based in Redwood Shores, California, until December 2020 when it moved its headquarters to Texas. In specific, the company offers information software and technology, cloud-based applications and business software products to its own ranges of database management systems. In 2019, it was the second-largest tech firm in terms of sales and market capitalization. The business also designs and installs database creation tools and middle-tier information frameworks, enterprise resource planning (ERP) software, human capital management (HCM) software, client relationship management (CRM) software, and supply chain management (SCM) software.
It is a multi-model database management system developed and sold by Oracle Corporation. It is a database widely used for online transaction processing (OLTP), data management (DW) and mixed (OLTP & DW) database workloads. It is available on-premises, on-cloud or as a mixed cloud implementation from a variety of service providers. It can be run on third party servers as well as on hardware.
Larry Ellison co-founded Oracle Corporation in 1977 with Bob Miner and Ed Oates under the name of Software Development Laboratories (SDL). Ellison was inspired by a 1970 paper written by Edgar F. Codd on Relational Database Management Systems (RDBMS) entitled “A Relational Model of Data for Large Shared Data Banks.” He learnt about the IBM System R database from an article in the IBM Research Journal published by Oates. Ellison tried to make it’s product compliant with System R, but struggled to do so because IBM kept the error codes confidential for their DBMS. To associate itself more closely with its flagship database offering, SDL changed its name to Relational Software, Inc (RSI) in 1979, then again to Systems Corporation in 1983. At this point, Bob Miner was the company’s senior programmer. The firm had its initial public offering on 12 March 1986.
Part of Corporation’s early popularity was the use of the C programming language to introduce its products. This eased portability to various operating systems, most of which endorse C.
It ranked No. 82 on the 2018 Fortune 500 list of the biggest U.S. companies by gross sales. According to Bloomberg, the CEO-to-employee pay ratio is 1,205:1. In 2017, the CEO’s salary rose to $108,295,023. It is one of the accredited employers of ACCA, with a median employee pay cost of $89,887.
The following additional database innovations have been acquired and developed by Corporation:
- Berkeley DB, which provides automated information processing
- Rdb is a relational database system operated on OpenVMS platforms. Oracle purchased Rdb from Optical Equipment Corporation in 1994. Since then, it has made several updates to this product and has continued to expand since 2008.
- TimesTen, which involves in-memory database operations
- Essbase, which follows the Hyperion Essbase tradition of multidimensional database management
- MySQL, a partnership database management framework operating under the GNU General Public License, originally created by MySQL AB.
- NoSQL Database, a portable, distributed NoSQL database of key values.
It is a family of middleware software products, comprising application servers, system automation, business process management (BPM), user interface, content management, identity management and business intelligence (BI) products.
Secure Enterprise Search
It allows customers to search content across various locations, including pages, XML archives, file servers, content management systems, enterprise resource planning systems, customer relationship management systems, business intelligence systems and databases.
They are now offering a suite of business software. The E-Business Suite includes software to perform various business functions related to for example) finance, manufacturing, customer relationship management (CRM), enterprise resource planning (ERP) and human resource management. The Retail Suite covers the vertical retail market, providing tracking of merchandise, price management, matching of invoices, allocations, warehouse management, warehouse management, demand forecasting, financial preparation of merchandise, planning of assortments and management of segments.
Cloud infrastructure technology provided by Corporation that offers servers, storage, networking, software and resources across the Corporation’s global network of managed data centers. The organization allows these services to be delivered on demand over the Internet.
It offers services such as Technology as a Service (IaaS), Application as a Service (PaaS), Software as a Service (SaaS) and Data as a Service (DaaS). These services are used to develop, launch, incorporate and enhance cloud applications. This framework serves software that are open source (SQL, HTML5, REST, etc.), Kubernetes, Hadoop, Kafka, etc and a number of programming languages, databases, technologies and implementations, including applications and programs unique to Oracle, Open Source, and third parties. The Corporation is located on the San Francisco Peninsula in Redwood Shores, Redwood City, next to Belmont and near San Carlos Airport.
Its HQ is situated on the former site of Marine World/Africa USA, which relocated from Redwood Shores to Vallejo in 1986. The Corporation initially rented two buildings on the premises, transferring the finance and administration offices from the company’s old headquarters on Davis Street, Belmont, California. Eventually, it bought the complex and designed four other major houses.
The distinctive Parkway houses, dubbed the Emerald City, were the settings for the dystopian headquarters of the fictitious corporation “NorthAm Robotics” in the Robin Williams film Bicentennial Man (1999). In the film Terminator Genisys, the campus was the headquarters of Cyberdyne Systems (2015). It operates in many markets and has absorbed a variety of businesses that used to exist independently. In certain instances, these offered the starting points for global business units (GBUs) addressing unique vertical markets. The GBUs include the former Primavera GBU, Financial Services, Food and Beverage, Health Sciences, Hospitality, Retail, Utilities, Communications, Construction and Engineering.
On 20 October 2006, the Golden State Warriors and the Organization announced a 10-year deal under which the Oakland Arena will be known as the Oracle Arena. The deal concluded after the 2018-2019 NBA season when the Warriors moved to the Chase Center in San Francisco.
The sailing team of Larry Ellison competes as Oracle Team USA. After being penalized for doping, the team won the Americas Cup twice, in 2010 as BMW Oracle Racing and in 2013. Sean Tucker’s “Challenger II” stunt biplane is funded by the corporation and regularly appears at air shows throughout the US. On 9 January 2019, ESPN announced that the San Francisco Giants had entered into a 20-year deal to rename their Oracle Park stadium.