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Oracle Reviews

Austin, Texas

4.7/ 5

3 reviews

Oracle Corporation is an American multinational computer technology corporation headquartered in Austin, Texas. Founded on June 16, 1977, by Larry Ellison, Bob Miner, and Ed Oates, the company originally operated under the name Software Development Laboratories before strategically rebranding as Oracle Systems Corporation in 1983 to closely align with its flagship product, the Oracle Database. Over nearly five decades, Oracle has evolved into a prominent global leader in enterprise software, cloud computing, and hardware systems, consistently ranking as one of the largest software and database management organizations in the world. The core operations of Oracle are deeply rooted in its revolutionary relational database management system (RDBMS), which stood as the first commercially available database utilizing Structured Query Language (SQL). Today, Oracle’s diversified product portfolio encompasses comprehensive cloud infrastructure (Oracle Cloud Infrastructure, or OCI), platform services, and an extensive suite of business-oriented software applications. These offerings include industry-leading tools for Enterprise Resource Planning (ERP), Customer Relationship Management (CRM), Human Capital Management (HCM), and Supply Chain Management (SCM). Following its landmark $28.3 billion acquisition of Cerner in 2022, the company successfully established "Oracle Health," effectively integrating critical electronic health records and clinical data with cloud-native AI to modernize healthcare delivery systems and advance life sciences research worldwide. In addition to enterprise software, Oracle develops and sells engineered hardware systems, including purpose-built servers, storage solutions, and advanced network architectures specifically optimized to run its proprietary software platforms. The company’s immense operational footprint has grown significantly through a robust, long-term acquisition strategy, spending over $110 billion to integrate more than 150 companies. Notable high-profile acquisitions include PeopleSoft, Siebel, NetSuite, and Sun Microsystems—the latter bringing the vital Java programming language and Solaris operating system under Oracle's control—as well as the popular open-source database MySQL. Oracle continues to invest heavily in modern technologies, embedding generative artificial intelligence capabilities across its broad Fusion Cloud applications to deliver autonomous database management and automated business insights. Financially, Oracle Corporation is publicly traded on the New York Stock Exchange (NYSE) under the ticker symbol ORCL and is a member of both the S&P 100 and S&P 500 indices. For the fiscal year 2025, the corporation reported an impressive consolidated annual revenue of $57.40 billion, an operating income of $17.68 billion, and a net income of $12.44 billion, holding total assets worth approximately $168.4 billion. Governed by Chairman and Chief Technology Officer Larry Ellison, Oracle employs roughly 141,000 professionals globally, supporting millions of developers and enterprise clients spanning diverse sectors including finance, government, education, and manufacturing.