Oracle Corp - Company Profile
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Business Description
Oracle Corp (Oracle) develops and provides application, platform, and infrastructure-based solutions for information technology environment worldwide. The company offers its products and services to government agencies, educational institutions, and resellers through sales force and the company’s partner network worldwide. It also offers industry-specific applications, which offer solutions to customers in the healthcare, high technology, hospitality, communications, construction and engineering, consumer goods, oil and gas, energy and water, automotive, government and education, industrial manufacturing, life sciences, media and entertainment, financial services, food and beverage, retail, professional services, travel and transportation, and wholesale distribution industries, among others.
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R&D Overview
Oracle’s R&D arm focuses on developing new technologies to enhance its existing product and solution portfolio. The company also works on enhancing the security, operation, and integration of advanced technologies to lower the cost of deployment. The company makes investments in R&D efforts to maintain and enhance product and service offerings. In FY2023, the company incurred expenses of US$6,640 million on R&D, which as a percentage of revenue, stood at 17%.
Business Segments
Overview
Develops and delivers a spectrum of applications, platform and infrastructure technologies. Provides license support services, and access of the company’s cloud applications and infrastructure technologies such as Database Oracle Middleware software. Major cloud services include Infrastructure-as-a-Service (IaaS) and Software-as-a-Service (SaaS). It also offers several cloud-based industry solutions to address precise customer needs in certain industries including financial services, government, healthcare, hospitality, communications, construction and engineering, education, manufacturing, and retail, among others.
Performance
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Overview
Offers hardware and related software products, including Oracle engineered systems, servers, storage, industry-specific hardware, operating systems, virtualization, management and related hardware support.
Performance
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Overview
Provides consulting services, customer support services and education services for Oracle solutions. Offers customized and mission-critical support services for complex IT environments to reduce risk.
Performance
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Geographical Segments
Performance
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Performance
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Target Markets
Europe, the Middle East, and Africa
Performance
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