Oracle Corporation

History

Main article: Oracle History

Oracle's history began in the legendary Silicon Valley, California, United States. In 1977, young programmer Larry Ellison dropped out of Yale to start his own business. Larry Ellison, who then had only $1,200 at his disposal, persuaded Bob Mayner and Ed Oates, his former colleagues, to start their own company. Prior to that, all three were developing a project called Oracle by order of the CIA.

Acquisitions of companies

Main Article: Oracle Acquisitions

Over its decades-long history, Oracle has acquired dozens of companies. History of absorption in TAdviser material.

Board of Directors and Top Management

Main article: Oracle top managers their earnings

Employees and Human Resources

Main Article: Employees and Human Resources at Oracle

Performance indicators

Main Article: Oracle Financial Performance

The company's fiscal year is set from June 1 to May 31.

2023: On the list of companies with the largest R&D costs

The chart shows 12 months of data as of April 2023.
For Amazon shows the costs of technology and content (not R&D).
ByteDance statistics date back to 2021 (according to the Wall Street Journal)

2022: Cloud business helped Oracle increase annual revenue by 5 %

The fiscal year 2022 Oracle ended with revenue of $42.44 billion, which is 5% more than a year earlier. Such data ON were published by an American business manufacturer in mid-June 2022.

According to Oracle, for the 12-month reporting period closed on May 31, 2022 of the calendar year, sales of cloud services and support services for license users turned out to be $28.7 billion, which is 5% more than a year ago. On licenses distributed according to traditional local and cloud schemes, the IT corporation earned $5.88 billion (+ 9% year on year).

Cloud business helps Oracle increase annual revenue by 5%

Revenues from the supply of IT equipment, such as servers, decreased by 5% over the year, to $3.18 billion. Service revenue increased by 6% and reached $3.21 billion.

Most of Oracle's revenue still comes from the Americas. In 2022, the company's revenue in this region amounted to $23.68 billion against $21.83 billion a year earlier. Sales in EMEA increased from $11.89 billion to $12.01 billion, and in the Asia-Tikhoekan region the turnover for the year remained practically unchanged and amounted to $6.75 billion.

Oracle's net profit in fiscal 2022 amounted to $6.72 billion, having almost halved relative to 2021's profit.

In June 2022, Oracle closed a deal to acquire healthcare software maker Cerner for $28.3 billion. According to Oracle CEO Safra Catz, the purchase of Cerner and the high growth rate of the cloud business will help the IT corporation increase revenue in the coming quarters.

On the day of the publication of the financial statements (June 13, 2022), Oracle shares rose by more than 13% due to the fact that the company's revenues were higher than analysts' expectations.^[1]

Business in Russia and CIS

Main article: Oracle CIS

In Russia and the CIS countries, the interests of the corporation are represented by Oracle CIS LLC.

Product lines

Software and Equipment

Among the products that Oracle offers:

• DBMS - Oracle Database
• Applications, including cloud applications (for enterprise resource planning, supply chain management, enterprise performance management, human capital, etc.)
• Operating systems (Oracle Solaris, Oracle Linux)
• Intermediate ON (platform) Oracle Fusion Middleware
• Turnkey Systems (Oracle Exadata Database Machine, Exalogic Elastic Cloud and Oracle SuperCluster)
• Oracle Storage Systems
• Servers
• Networking and Data Center Products
• Corporate Communications
• Virtualization Solutions
• Java and others.

Cloud business

White Paper: Oracle Cloud Business

• Oracle Cloud - Public Cloud
• Oracle Cloud Platform is a scalable application consolidation platform.

Oracle Partner Program

White Paper: Oracle PartnerNetwork (OPN) Specialized

Notes