Lionel Sujay Vailshery
Research expert covering the consumer electronics industry
Get in touch with us nowOracle's database management systems (DBMS)
The company’s first commercially available software was a relational database management system (RDBMS) called Oracle Version 2. The software was launched in 1979 and slowly started gaining attention. Within eight years, Oracle had released version 5.1 of the software and decided it was time to go public. At the end of the 80s, Oracle was a global business with more than 500 million U.S. dollars in revenue. Moreover, by the fiscal year 2023, Oracle’s annual revenue had increased close to 50 billion U.S. dollars, while its reported net income was around 9 billion U.S. dollars. The most recent version of the company's RDBMS was Oracle 21c, launched in December 2020.Oracle's other software products
Other software products in the company’s extensive portfolio include the Oracle Beehive collaboration software, two operating systems- Oracle Solaris and Oracle Linux, a family of middleware software products called Oracle Fusion Middleware, as well as various business application suites. The latter includes the Oracle Retail Suite- which helps retail companies manage merchandise, pricing, invoicing, and store operations, and the Oracle e-Business Suite- which provides companies with tools to manage manufacturing, financials, human resources, and CRM (Customer Relationship Management).Service and hardware businesses
Oracle’s core business segment is the cloud and license segment, generating approximately 35 billion U.S dollars in revenue in financial year 2023 alone. Additionally, in 2010, Oracle acquired Sun Microsystems, a company specialized in computers, computer components, computer software, and information technology services. Since then, Oracle has also been involved in the manufacture of hardware. On top of that, Oracle also provides services, such as the Oracle Cloud Services and Oracle Academy, which provide training in technology and computing skills in collaboration with governments and educational institutions.A powerful brand and a rich founder
With an estimated brand value of almost 90 billion U.S. dollars, Oracle is ranked among the world's top 20 most valuable brands. The company is also one of the top 100 largest companies in the world by market value. Larry Ellison, long considered the driving force behind Oracle’s success, was the seventh richest person in the United States in 2022, and the fifth richest in the world, with an estimated net worth of around 145 billion U.S. dollars in 2023.
