Oracle Corporation
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Headquarters in Redwood Shores, California
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| Public | |
| Traded as | |
| Industry |
Enterprise software Cloud Computing |
| Founded | June 16, 1977 Santa Clara, California, U.S. |
| Founder |
Larry Ellison Bob Miner Ed Oates |
| Headquarters | Redwood Shores, Redwood City, California, United States |
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Area served
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Worldwide |
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Key people
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Larry Ellison (Executive Chairman & CTO) Jeff Henley (Vice Chairman) Safra Catz (CEO) Mark Hurd (CEO) |
| Products |
Oracle Applications, Oracle Database, Oracle Enterprise Manager, Oracle Fusion Middleware, servers, workstations, storage (See Oracle products) |
| Revenue |
 US$37.04 billion (2016) |
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US$12.60 billion (2016) |
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US$8.90 billion (2016) |
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| Total assets |
 US$112.18 billion (2016) |
| Total equity |
US$47.28 billion (2016) |
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Number of employees
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136,263 (Q4 FY2016) |
| Subsidiaries | List of Oracle subsidiaries |
| Website | www |
Oracle Corporation is an American multinational computer technology corporation, headquartered in Redwood Shores, California. The company primarily specializes in developing and marketing database software and technology, cloud engineered systems and enterprise software products—particularly its own brands of database management systems. In 2015 Oracle was the second-largest software maker by revenue, after Microsoft.
The company also develops and builds tools for database development and systems of middle-tier software, enterprise resource planning (ERP) software, customer relationship management (CRM) software and supply chain management (SCM) software.
Larry Ellison co-founded Oracle Corporation in 1977 with Bob Miner and Ed Oates under the name Software Development Laboratories (SDL). Ellison took inspiration from the 1970 paper written by Edgar F. Codd on relational database management systems (RDBMS) named "A Relational Model of Data for Large Shared Data Banks." He heard about the IBM System R database from an article in the IBM Research Journal provided by Oates. Also derived from Codd's theories, Ellison wanted to make Oracle's product compatible with System R, but failed to do so as IBM kept the error codes for their DBMS a secret. SDL changed its name to Relational Software, Inc (RSI) in 1979, then again to Oracle Systems Corporation in 1982, to align itself more closely with its flagship product Oracle Database. At this stage Bob Miner served as the company's senior programmer. In 1995, Oracle Systems Corporation changed its name to Oracle Corporation, officially named Oracle, but sometimes referred to as Oracle Corporation, the name of the holding company. Part of Oracle Corporation's early success arose from using the C programming language to implement its products. This eased porting to different operating systems (most of which support C).
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