Summary
Oracle Corporation offers products and services that address enterprise information technology environments worldwide. Its Oracle cloud software as a service offering include various cloud software applications, including Oracle Fusion cloud enterprise resource planning (ERP), Oracle Fusion cloud enterprise performance management, Oracle Fusion cloud supply chain and manufacturing management, Oracle Fusion cloud human capital management, Oracle Advertising, and NetSuite applications suite, as well as Oracle Fusion Sales, Service, and Marketing. The company also offers cloud-based industry solutions for various industries; Oracle application licenses; and Oracle license support services. In addition, it provides cloud and license business' infrastructure technologies, such as the Oracle Database, an enterprise database; Java, a software development language; and middleware, including development tools and others. The company's cloud and license business' infrastructure technologies also comprise cloud-based compute, storage, and networking capabilities; and Oracle autonomous database, MySQL HeatWave, Internet-of-Things, digital assistant, and blockchain. Further, it provides hardware products and other hardware-related software offerings, including Oracle engineered systems, enterprise servers, storage solutions, industry-specific hardware, virtualization software, operating systems, management software, and related hardware services; and consulting and customer services. The company markets and sells its cloud, license, hardware, support, and services offerings directly to businesses in various industries, government agencies, and educational institutions, as well as through indirect channels. Oracle Corporation was founded in 1977 and is headquartered in Austin, Texas.
Business Analysis
Oracle Corporation offers a range of products and services designed to cater to the needs of enterprise information technology (IT) settings. Oracle's business is divided into four different segments: Cloud services and license support, Cloud License and on-premise license, Hardware, and Services.
Oracle cloud services encompass a wide array of offerings, such as Oracle Software-as-a-Service and Oracle Cloud Infrastructure, all of which are delivered in the form of a cloud-based model. Clients can conveniently access there services using their preferred web browser. Oracle cloud services have been strategically crafted to allow customers to swiftly implement them, resulting in reduced time to achieve innovation. These services boast a user-friendly interface, catering to both novices and seasoned users alike. They are designed to be easily maintained, minimizing the effort required for upgrades, integration, and testing. Additionally, these services can seamlessly connect across various deployment models, promoting flexibility between different IT environments. They ensure compatibility, making it effortless to migrate workloads between the Oracle Cloud and other IT setups. Moreover, these services are cost-effective, requiring lower initial customer investments. Above all, they prioritize security, adhere to standards, and offer unwavering reliability.
Oracle applications technologies is a part of cloud services and license support business segment. It includes the company's SaaS offerings, which are used from a large number of corporations worldwide, as well as the license support, which is generally purchased by all of Oracle's customers. The support offerings provided by the company serve to safeguard and enhance the investments made by its customers in Oracle applications. These offerings include proactive and personalized support services, such as Oracle Lifetime Support, as well as unspecified license enhancements and upgrades throughout the support period. They are designed to ensure that customers receive comprehensive assistance and protection for their Oracle products, optimizing the value and longevity of their investments. Oracle applications technologies and license support revenues accounted for 47%, 42%, and 41% of the total cloud services and license support revenues during years 2023, 2022, and 2021.
Oracle offers its infrastructure technologies to customers both through its cloud and license business segment and its hardware business segment. Within the company's cloud and license business segment, the infrastructure technologies comprise the renowned Oracle Database, widely recognized as the most popular enterprise database globally. Additionally, it includes Java, which stands as the most widely-used software development language in the computer industry, along with various middleware tools and development resources. These infrastructure technologies can be accessed through subscription to Oracle Cloud Infrastructure (OCI) offerings or via the purchase of a license, along with related license support, giving customers the option to run these technologies within the Oracle Cloud, as part of on-premise cloud services, or in other customer IT environments.