Net Worth: $168.9 Billion
Named as the 16th most valuable company in the world, Oracle Net Worth is more than $150 Billion. Oracle leads the business in the world being 40th in profit, 33th in market value, and 82 in Global 2000. The multinational technology corporation is headquartered in Redwood Shores, California.
Market Competition
The company focuses on developing and marketing database software and technologies. Oracle has its own series of database management systems. In 2015, Oracle became the second largest software maker by grossing revenue, right behind Microsoft. The company builds tools for database development and systems for enterprise resource planning, customer relationship management, and supply chain management.
History
The company was founded in 1977 by Larry Ellison along with Ed Oates and Bob Miner. At first, Oracle was named as Software Development Laboratories. In 1979, the company’s name was changed to Relational Software, Inc. Later in 1982, it was changed to Oracle Systems Corporation and in 1995, it was changed to Oracle Corporation and today, the Oracle Net Worth is more than a hundred billion.
Oracle rose through the ranks of success by using C Programming Language and it helped to port to different Operating systems. Oracle offers both software and hardware products. The company is known for its cloud services, databases, management software and business solutions. It launched a cloud service as well.
