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Oracle Corporation is an American multinational computer technology company headquartered in Austin, Texas. [5] Co-founded in 1977 in Santa Clara, California, by Larry Ellison, who remains executive chairman, Oracle was the third-largest software company in the world in 2020 by revenue and market capitalization. [6]
Oracle's stock fell nearly 8% after missing earnings estimates and issuing weaker guidance. Oracle's cloud services, driven by AI demand, grew 12% in the last quarter, making up 77% of revenue.
A rusting Sun Microsystems van as seen at the Oracle-acquired Santa Clara, California campus in 2016. Several notable engineers resigned following the acquisition, including James Gosling, the creator of Java (resigned April 2010); Tim Bray, the creator of XML (resigned February 2010); Kohsuke Kawaguchi, lead developer of Hudson (resigned April 2010); and Bryan Cantrill, the co-creator of ...
That said, Oracle's not in a bad spot, it's just facing a hill to climb where, yes, it could stumble and slide back down. However, the company's investments in AI and health will likely start to ...
June 2019: Oracle announced Dyn's Managed and Standard DNS services would be shutting down in May 2020; this date was later extended to May 31, 2023. [27] The email sent to Standard DNS customers informed them that the Standard DNS service would be replaced by the "enhanced, paid subscription version" hosted on Oracle Cloud Infrastructure (OCI ...
PeopleSoft, Inc. was a company that provided human resource management systems (HRMS), financial management solutions (FMS), supply chain management (SCM), customer relationship management (CRM), and enterprise performance management (EPM) software, as well as software for manufacturing, and student administration to large corporations, governments, and organizations.
Oracle Health, formerly Cerner Corporation then Oracle Cerner, is a US-based, multinational provider of health information technology (HIT) platforms and services. As of February 2018 [update] , it had 27,000 customers globally [ 3 ] and 29,000 employees, with over 13,000 at its headquarters in North Kansas City, Missouri .
Oracle Financial Services Software Limited (OFSS) is an Indian subsidiary of Oracle Corporation which is involved in financial and insurance technology. Established in 1990, the company was known as i-flex Solutions until 2008, two years after its acquisition by Oracle.