Oracle
Oracle
Industry
Website
About Oracle
Oracle Corporation, founded in 1977 by Larry Ellison, Bob Miner, and Ed Oates, is a leading American multinational computer technology company headquartered in Austin, Texas. Initially established as Software Development Laboratories, Oracle has evolved into a global powerhouse in enterprise software, cloud computing, and hardware solutions.
Oracle's flagship product, the Oracle Database, revolutionized data management by introducing the relational database model. This model enabled efficient storage, retrieval, and manipulation of data.
Over the years, Oracle expanded its portfolio through strategic acquisitions, including:
- PeopleSoft in 2005
- Siebel in 2006
- BEA Systems in 2008
- Sun Microsystems in 2010, bringing technologies like Java and MySQL
In recent years, Oracle has intensified its focus on cloud computing and artificial intelligence (AI). The company offers a comprehensive suite of cloud services:
- Infrastructure as a Service (IaaS)
- Platform as a Service (PaaS)
- Software as a Service (SaaS)
These services cater to various business needs. Oracle's cloud infrastructure supports open standards and numerous programming languages, databases, and frameworks, facilitating seamless integration and deployment of applications.
Oracle's commitment to AI is evident in its development of AI-driven solutions such as the Gen2 Cloud platform. This platform leverages advanced machine learning and data analytics to provide enhanced performance and security.
This strategic emphasis on AI has contributed to Oracle's significant growth, with its market value reaching approximately $720.26 billion as of August 7, 2025.
Global Presence and Locations
The company has offices and data centers worldwide. Oracle's world headquarters is currently located in Austin, Texas, following its relocation from Redwood Shores, California, in December 2020.
Oracle has announced plans to establish a new campus in Nashville, Tennessee, which is expected to become its future world headquarters.
Additional key locations include:
- San Francisco, CA, US
- Kailua, HI, USA
- Juneau, AK, USA
- Providence, RI, USA
Products and Strategic Focus
Oracle's diverse product and service offerings, combined with its strategic focus on cloud computing and AI, position it as a formidable tech sector leader.
The company drives innovation and delivers comprehensive solutions to businesses worldwide, maintaining its role as a technology pioneer.