Oracle, a privately owned company headquartered in the US, founded in 1977 and employing approximately 226,690 individuals, reported $57.4B in revenue as of 2024. Functioning primarily in IT services and IT consulting, the company operates as a cloud technology provider that supplies organizations with computing infrastructure and software to enable innovation, efficiency, and effectiveness. It also offers an autonomous database designed to organize and secure customer data.

2024 Revenue

Founded

1977

Headcount

226,687

Headquarters

US

Primary Segment

IT Services and IT Consulting

Ownership

Privately Owned

Deployments

16

News Summary:

Oracle received top ratings for product experience, innovation, and customer value in the 2025 ISG Research Buyers Guides for AI Agents and Conversational AI for Workforce. The company was also recognized as exemplary for product and consumer experiences in both guides. Reports indicate Oracle is part of a consortium to acquire an 80 percent stake in TikTok US. Separately, Oracle reported a significant surge in orders for its cloud infrastructure services during the quarter ending August, with four multi-billion-dollar contracts resulting in a 359 percent increase in its order backlog to USD 455 billion, mostly to be delivered within four years.

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Oracle offers 12 products in the telecoms tech, connectivity and cloud and media tech industries. Oracle's product portfolio comprises of enterprise and telecoms software, media cloud and storage and enterprise cloud.
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Oracle's revenues were over $1B in 2024. Caretta Research has split Oracle's revenue into 6 different product categories.
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Oracle's customers primarily consist of software Development, higher Education and telecoms companies. Examples of Oracle's customers include Cosmote / OTE, University of Michigan and Amdocs. Oracle has commercial and technical partners like Kontron and Veritas Technologies. Oracle has suppliers like Vodafone Business.

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