The company sells database software and technology (particularly its own brands), cloud engineered systems, and enterprise software products, such as enterprise resource planning (ERP) software, human capital management (HCM) software, customer relationship management (CRM) software (also known as customer experience), enterprise performance management (EPM) software, and supply chain management (SCM) software.
The company’s milestones:
– On 16th June 1977 – Software Development Laboratories (SDL) were created in Santa Clare, California by Larry Ellison, Bob Miner and Ed Oates.
– By 1978 – The first ever Oracle was born, written in assembly language running on PDP-11 under RSX-11 in 128K of memory.
– In June 1979 – Software Development Laboratories renamed themselves Relational Systems Inc (RSI) and moved to Menlo Park, California.
– 1982 – Relational Software, Inc (RSI) becomes Oracle Systems Corporation. They became the first company to sell the RDBMS software and within 1982 had yearly revenue of $2.5 million.
– 1983 – March 1983 saw Oracle Database rewritten in C for portability and the release of Oracle v3 as well as the offer of a VAX-mode database.
– 1984 – Soon after in October 1984 Oracle v4 was released introducing read consistency, the first of such a database with this capability.
– In April 1985 – Oracle v5 was released making it one of the first RDBMS’s to operate in client-server mode.
– On 12th March 1986 – Oracle went public with a revenue of $55 million.
– 1987 – Oracle Introduces UNIX-based Oracle applications. Oracle became the largest database management company in the world.
– 1994 – Oracle becomes the first vendor to release a media server with tools for managing and delivering multimedia applications.
– 1995 – Oracle Systems Corporation announced a merger between Oracle Corporation and Oracle Systems Corporation on 1st June 1995.
– In 1997 – April 1997 saw Oracle release their first version of Discoverer and in June of the same year, Oracle v8 was released with Internet technology, support for terabytes of data and SQL object technology.
– In 2003 – Oracle Database 10g, the first grid computing product available for the enterprise, debuted 2003.
– In 2006 – The company announced its Oracle “Applications Unlimited” program, which helps ensure continued enhancements—and the benefits they bring to customers—to Oracle E-Business Suite and Oracle’s JD Edwards, PeopleSoft, and Siebel product lines.
– In 2008 – Oracle Releases Oracle Beehive that provides team workspaces, email, calendar, instant messaging, and conferencing on a single platform.
– In 2017 – Oracle has become one of the most successful companies in the world with profit percentages in excess of 30%.
According to zippia.com. en.wikipedia. Source of photo: internet