Oracle Corporation Market Research Report

Company Overview

Name

Oracle Corporation

Mission of the Company

Oracle's mission is to help people see data in new ways, discover insights, and unlock endless possibilities.

Founding Details

Founded in 1977 by Larry Ellison, Bob Miner, and Ed Oates.

Key People

Safra Catz - Chief Executive Officer

Larry Ellison - Chairman and Chief Technology Officer

Edward Screven - Chief Corporate Architect

Headquarters

The company is headquartered in Redwood Shores, California, USA.

Number of Employees

Oracle employs approximately 130,000 people globally.

Revenue

Oracle generated revenue of $42.4 billion in fiscal year 2023.

Recognition

Oracle is known for its comprehensive suite of cloud applications and cloud platform services, including its database solutions.

Products

Oracle Cloud Applications

Oracle Cloud Applications provide a comprehensive suite of SaaS applications that include enterprise resource planning (ERP), human capital management (HCM), customer experience (CX), and supply chain & manufacturing (SCM).

Key Features

ERP: Automates financial processes, risk management, project management, procurement, and more.

HCM: Manages human resources functions like recruitment, talent management, payroll, and workforce management.

CX: Includes marketing, sales, customer service, and e-commerce capabilities.

SCM: Manages inventory, procurement, order management, manufacturing, and supply chain planning.

Oracle Cloud Infrastructure (OCI)

OCI offers a suite of cloud infrastructure services delivering high performance, security, and scalability for enterprise workloads.

Key Features

Compute: Includes virtual machines and bare metal instances.

Storage: NVMe-based block storage with dynamic performance tuning.

Networking: Low-latency, high-bandwidth interconnects.

AI Infrastructure: GPU instances for AI workloads and model training.

Oracle Autonomous Database

A self-driving database that uses machine learning to automate routine database maintenance tasks, ensuring higher performance, reliability, and security.

Key Features

Can run on-premises or in the Oracle Cloud.

Self-tuning and self-repairing capabilities.

Integrated AI and machine learning tools.

Recent Developments

CrewDog Scales GPU Resources with OCI AI Infrastructure

CrewDog migrated its AI-powered job board to Oracle Cloud Infrastructure, benefiting from increased performance and 90% cost savings.

Oracle and Google Cloud Partnership

Launched Oracle Database@Google Cloud to enable flexibility in cloud migration and multicloud deployments.

Eleven high-speed interconnects planned to maximize efficiency.

Johnson Controls Leverages Oracle Fusion Cloud

Johnson Controls modernized global operations with AI-powered Oracle Cloud ERP, SCM, and CX applications resulting in reduced complexity and increased efficiency.

Guardian Life Utilizes Oracle Fusion Analytics

Guardian Life used Oracle's fusion analytics to unlock in-depth financial insights and automate processes.

Körber Supply Chain Moves to OCI

Körber cut costs by 40%, improved performance, and moved warehouse management systems to OCI for better scalability and efficiency.

Helzberg Diamonds Adopts Oracle Retail Optimization

Implemented Oracle Merchandising Financial Planning, Retail Demand Forecasting, Replenishment Management, and Assortment Planning solutions to optimize retail operations.

Outrigger Hospitality Group Implements OPERA Cloud

Outrigger transitioned to OPERA Cloud Property Management, enhancing operational efficiency and accelerating resort expansion.

Oracle CloudWorld and Other Events

Hosted various key events like Oracle CloudWorld, providing platforms for industry learning, sharing best practices, and networking.

Conclusion

Oracle Corporation stands at the forefront of cloud technology, continually advancing its infrastructure, application services, and embracing AI and machine learning to provide robust, scalable, and secure solutions for businesses across the globe.

Oracle's comprehensive suite of applications and infrastructure solutions underscores its commitment to driving efficiency, fostering innovation, and enabling digital transformations for its clients.