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In 1977, Larry Ellison, Bob Miner, and Ed Oates founded a startup at Santa Clara, California, in Silicon Valley. The company was named Software Development Laboratories and its first office had only 900-square-feet.
Oracle is a cloud technology company that provides organizations around the world with computing infrastructure and software to help them innovate, unlock efficiencies, and become more effective.
Oracle Cloud Infrastructure offers higher performance, security, and cost savings not only transforming the world of business--it's helping defend governments, and advance scientific and medical research. From nonprofits to companies of all sizes, millions of people use our tools to streamline supply chains, make HR more human, quickly pivot to a new financial plan, and connect data and people around the world.
The first client of Oracle’s software was the US Air Force, in 1979. After changing its name from SDL to Relational Software Inc. the company finally started to act like Oracle, with the third change of names in 1982. Four years after Oracle goes public and enters the stock market, becoming a publicly-traded company on the NASDAQ exchange, using ORCL as its quotation symbol.
10 years after the foundation, in 1987, Oracle was classified as the world’s largest database management company, with more than US$100 million in sales and 4,500 end-users in 55 countries. They moved their office to Redwood Shores, California, in 1989, and up until now, the company’s headquarters continues to be there.
In 1992 the company celebrated its 15th anniversary by launching a completely innovative project, the Oracle7 database. Three years after, with the internet boom, CEO Larry Ellison presented a new strategy to deliver Oracle’s software in online means.
In 1995 the InformationWeek report defined Oracle’s database as one of the most influential products of the ’90s.
With the implementation of their own systems through the first fully integrated enterprise apps suite, the Oracle E-Business Suite 11i, the company was able to reduce costs in over US$1 billion.
In 2005, they bought PeopleSoft, a leader in HR and ERP apps. Between 2006 and 2008 they also acquired Sibel and BEA.
The company completed its 30th anniversary with several success indicator numbers, like revenues of over US$18B, more than 65,000 employees, and 275,000 customers all over the world, in over 145 countries.
Still with the purchasing strategy, in 2010 Oracle acquired Sun Microsystems, consolidating the plan of projecting and developing together software and hardware. With that accomplished, Oracle becomes the Java’s steward. Three years after Oracle’s database connects to the cloud system, ensuring a secure and consolidated way of saving and managing information, because the cloud-based allows employees to access information wherever they are, in multiple locations and/or devices.
In 2018 Oracle creates the first Autonomous Database of the market, which provides a self-patching, self-managing, and self-tuning database.
The company's cloud applications are Oracle Data Cloud, Oracle Human Capital Management (HCM) Cloud, Oracle Supply Chain Management (SCM) Cloud, Oracle Enterprise Resource Planning (ERP) Cloud, and Oracle Customer Experience (CX) Cloud.
Was the first concrete project of the company, still in the ’70s, and remains as one of their main services, with some adaptations and actualizations. Larry Ellison found a descriptive functional prototype of a relational database and realized a business opportunity that hadn't been explored by any other company. Besides that model of DBMS, Oracle also created the Development Suite, used on the built of computer programs that connect and interact with their database. All the programming language used to do this is exclusive, extending SQL to PL/SQL.
In order to maintain this service actualized even with all technological changes of the past few years, Oracle implements new functions that allow it to keep being an attractive option. For example, almost 30 years after its launch, Oracle in 2000 announced the 9i version, considered (by Oracle’s Press Book) the first RDBMS to offer a support and development platform for the Internet. Besides all online supportive structures, this version also innovated with a new tool for parallel servers, called Real Application Clusters, which improved support of XML documents and brought fundamental performance and management uplifts of DBMS via the Internet.
By using “Leading by Example” as a motto, Oracle intends to be thoughtful about the value that the company brings to society and take actions that could create a better environment, in all aspects. A good corporate citizen, as their point of view, is being aware of all the benefits that a company can bring, not only for their associates, but to all people, in this and next generations, and the planet. In order to accomplish that, Oracle affirms to act with the same rigor, commitment, and sincerity that are used in the development of cutting-edge technological projects, but to actually change lives in the best way possible. Their main focus is on education, environment, and community.
In the field of education, the company acts with Oracle Academy, Oracle Education Foundation, Design Tech High School, and Ponelopele Oracle Secondary School to help students in the process of reaching their best results and higher potential, through creative confidence and innovative ideas.
In Oracle Academy, young people all over the world can learn and develop their skills in computing and its possibilities, including diversity programs that are focused on expanding minorities’ participation in this field.
The Oracle Education Foundation offers a program that brings volunteer teachers to high school to participate in the student’s lives and teach about the intersection of Design Thinking and science, mathematics, technology, engineering, and art disciplines. The students can also use their newly developed abilities to create prototyping solutions and, also, arrange an internship. Besides technical knowledge, the program also teaches them how to solve problems in a more creative and efficient way, developing more empathy and confidence.
As a part of the Oracle Education Foundation is the Design Tech High School (or simply d.tech), a public school in California that has been part of the program since 2014. In 2018 the school moved its campus into Oracle’s headquarter and became the first public high school to be located in a corporate environment, but remaining fully autonomous. The teaching methodologies are very centered in technology, innovation, and design, with outstanding infrastructure. The school follows the 1:1 model, meaning that every student has a laptop to access most of the materials online. Four times a year the students have two-week extra courses, in several areas, provided by the community.
The Ponelopele Oracle Secondary School is also a private-public high school that was launched in 2006, by a partnership between Oracle Corporation South Africa and the Gauteng Department of Education. They receive more than 1,200 students every year and since its opening has been giving some great outcomes. It’s a wonderful opportunity for students that want to learn more about technology and innovation, with a better structure.
Beyond education, Oracle has donated since its first beginning a percentage of its funds for several organizations in order to help them construct a better world. Over the past 30 years, the company contributed with over 4,800 nonprofits in more than 48 countries by giving grants, workplace giving, and sponsorships, with a total donation of more than 25 million dollars. The biggest donation ever made was US$2,5 million for Stanford Health Care. Also, Oracle’s employees and partners act like volunteers in many projects: until 2019 there were 1543 projects concluded, with almost 34,000 volunteers donating 125,000 hours beside organizations worldwide.
In terms of environment and sustainability Oracle’s search to reduce the impact of their services for them and their clients. The cloud-based systems are structured in a way that allows an efficient, clean, and circular operation. To maintain their community informed of what measures they are taking, as well as share knowledge about that theme, Oracle has created a Youtube channel, a Twitter, and a Blog. The company understands that taking care of natural resources is fundamental and, besides that, is lucrative: many of their clients consider this posture an important deciding factor.
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