Think fast – name a software company that shapes the technologies we use every day. Microsoft comes to mind first. But what about Oracle? Even if the name doesn’t autofill for you like Excel formulas, this database giant’s imprint touches countless cogs driving the tech revolution.
Did you know Oracle alone brings over $40 billion in yearly revenues? Or that they snag more than half of the entire database pie out there, hungry to gobble up more? Few can imagine impressive stats for a brand without that iconic red logo. But their reach stretches farther as they power everything from convenience store checkouts to major cloud infrastructure projects.
Intrigued yet? Well, buckle up for more mind-blowing Oracle facts as we unravel their story. Accessible explanations will show how and why this behind-the-scenes titan dominates. You’ll also see their big bets for 2023 as they continue evolving to subsist in the digital future they fuel.
Oracle Corporation Key Statistics for 2023
- In 2023, Oracle recorded $8.503 billion as its net income, with a fiscal year gross profit of $36.39 billion.
- The Corporation recorded $1.3 million as value for its 2023 annual total assets and $1.36 million for the third quarter of 2023.
- In 2023, the firm disbursed $8.746 billion for expenses on Research and Development.
- On November 3, 2023, Oracle reported a market cap of $292.758 billion and ranked No. 28 in the NYSE stock market.
- And in September 2023, their site hit 40.37 million visitors, which signifies a 54.24% bounce rate.
What You Ought to Know About Oracle; 2023 Facts and Stats
1. Oracle Corporation is an establishment surfaced through these co-founders, Bob Miner, Ed Oates, and Larry Ellison, in Santa Clara, California, on June 16, 1977.
2. Its current headquarters is in Austin, Texas, United States.
3. The firm started as a Software Laboratories (SDL), but in 1979, it rebranded to Relational Software, Inc. (RSI). The innovators later changed the firm’s identity to Oracle Systems Corporation in 1983, and in 1995, it became Oracle Corporation.
4. 2014 experienced another dimension as Larry Ellison, former CEO, stepped down for Safra Catz.
5. Larry Ellison became the firm’s Chief tech officer (CTO) and Board Chairman.
6. 2002, 2005, and 2006 brought another novel phase as the firm acquired NetForce Inc., Siebel, and PeopleSoft. Then, it enlarged its coast by taking ownership of BEA Systems & Sun Microsystems in 2008 and 2010, respectively.
7. From all indications and global stats, 2018 marked the company’s highest publicity level, featuring 25,000 global partners!
Oracle Stock Price Statistics
8. One core fact is that Oracle took a good position in the NASDAQ stock listing and later kicked off on the NYSE stock exchange on July 15, 2013.
9. On November 03, 2023,
