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Financial Analysis of Oracle Corp Essays

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Financial Analysis of Oracle Corp INTRODUCTION

Background and History

Oracle Corporation is a technology company that supplies software for the use of information management. They develop, manufacture, market and distribute computer software that helps other corporations manage their data so they can better grow and prosper.

In 1977, Larry Ellison, Bob Miner, and Ed Oates founded System Development Laboratories. After being inspired by a research paper written in 1970 by an IBM researcher titled “A Relational Model of Data for Large Shared Data Banks” they decided to build a new type of database called a relational database system. The original project on the relational database system was for the government (Central …show more content…

Currently, Oracle is the fourth largest consultant as they spread into Brazil, China, Cyprus, Malaysia, and New Zealand. In 1989, Oracle Corporation earns $571 million while opening up shop in Chile, Greece, Korea, Portugal, Turkey, Venezuela, and Taiwan. They now sell products in 86 countries around the world. In 1990 Oracle reaches $916 million and 1991 they reach $1,028 million in revenues while expanding to Belgium, Argentina, Colombia, Costa Rica, and the Philippines. Revenues steadily grow to $8,827 million in 1999 and Oracle Corporation continues to improve on its product, releasing Oracle8i, the first Internet database, the same year (Oracle Corporation, 2000a). Business Description

Oracle designs, develops, and supports computer-software products. This software is used for database management and network products, application development productivity tools, and end user applications. The company’s principal product, the oracle relational database-management system, runs on supercomputers, mainframes, microcomputers, and personal computers. The company also offers consulting, support, and system integration services for its customers. Oracle Corporation provides the software that powers the Internet.

Industry Attractiveness

Oracle Corporation is the one of the largest suppliers of database software.

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