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management, and the world's second largest independent software company. With annual
revenues of more than $10.1 billion, the company offers its database, tools and application
products, along with related consulting, education, and support services, in more than 145
countries around the world. Headquartered in Redwood Shores, California, Oracle is the first
software company to develop and deploy 100 percent internet-enabled enterprise software across
its entire product line: database, server, enterprise business applications, and application
development and decision support tools.
Oracle is the only company capable of implementing complete global e-business solutions that
extend from front office customer relationship management to back office operational
applications to platform infrastructure. Oracle software runs on PCs, workstations,
minicomputers, mainframes and massively parallel computers, as well as on personal digital
assistants and set-top devices. As more and more companies transform themselves into ebusinesses, Oracle's Internet-enabled solutions provide a cost-effective way to expand market
opportunities, improve business process efficiencies, and attract and retain customers. By
replacing expensive, unwieldy client/server computing models with the efficiency and reach of
the internet, companies can deploy a wealth of innovative applications that can be accessed with
a Web browser.
The only software company to offer a full suite of e-business products, Oracle provides:
An Internet-ready platform for building and deploying Web-based applications
A comprehensive suite of Internet-enabled business applications
Professional services for help in formulating e-business strategy, as well as in designing,
customizing,
and implementing e-business solutions
system. Their orginal project is for the government and is titled Oracle. The founders believe that
Oracle, meaning source of wisdom,
would be an appropriate name for their project and receive permission from the CIA to use it.
What's in a name?
In 1978, Software Development Laboratories moved from their office in Santa Clara to a new one on
Sand Hill Road in Menlo Park, the heart of Silicon Valley. In an attempt to explain what their
company does, they changed their name to Relational Software Inc., or RSI. The newly-christened
company shipped its first commercial SQL-based database, V2, in 1979 (V1 was never officially
released). In 1982 RSI changed its name to Oracle Systems Corporation, which later become Oracle
Corporation.
Tapping the Internet.
In 1983, Oracle decided to make RDBMS portable, and introduced V3 - the first portable database to
run on PCs, mini computers and mainframes. Today, Oracle targets high-end workstations and mini
computers as the server platforms on which to run its database systems. Along with few others,
Oracle has long been a champion of network computers. It now boasts that is was the world's first
software company to develop and deploy 100 percent Internet-enabled enterprise software across its
entire product line: database, server, enterprise business applications, applications development and
decision support tools. In fact, CEO Ellison has said, "If the Internet turns out not to be the future of
computing, we're toast. But if it is, we're golden."
A phenomenal success story.
Today, as proof of their success, they've parlayed an initial $2,000 investment in the company into an
annual revenue exceeding $10.1 billion. Based in Redwood shores, California, it has more that
43,000 employees worldwide and does business in over 150 countries. Oracle (ORCL) is publicly
traded on the NASDAQ.
Little known facts about Oracle
Oracle is ranked among the 10 best companies for a six-month return on equity.
Oracle's relational database was the world's first to support the Structured Query Language, now an
industry standard.
Today, the Oracle DBMS is supported on over 80 different operating environments, ranging from
IBM mainframes and DEC VAX minicomputers, to UNIX-based minicomputers and Windows NT
platforms.
Oracle spends nearly 13% of their revenues for research and development.
Oracle V1 ran on PDP-11 under RSX, 128 KB max memory and was written in assembly language.
SAP
Customer relationship management (CRM) is a system for managing a companys
interactions with current and future customers. It often involves using technology to organize,
automate and synchronize sales, marketing, customer service, and technical support.[