Oracle, founded in 1977 and headquartered in the United States, is a privately owned company that specializes in enterprise and telecoms software. With over 226,690 employees, the company has generated over $1 billion in revenue as of 2022. Oracle provides cloud technology to organizations, offering computing infrastructure and software solutions to enhance innovation, efficiency, and overall effectiveness. One of its notable achievements is the creation of an autonomous database, designed to organize and secure customer data.

2022 Revenue

Founded

1977

Headcount

226,687

Headquarters

US

Primary Segment

Enterprise and telecoms software

Ownership

Privately Owned

Deployments

14

News Summary:

Oracle expanded its cloud capacity in the UAE, specifically Abu Dhabi, by five times on an unspecified date to address the rising demand for cloud and AI technologies within the Gulf Cooperation Council (GCC). This expansion includes infrastructure improvements such as adding GPUs to data centers to support the region's AI and cloud services needs, according to Richard Smith, Oracle's executive vice president for technology in EMEA. There is no information provided regarding the other news stories in relation to Oracle.

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Oracle offers 12 products in the media tech, ad tech, telecoms tech and connectivity and cloud industries. Oracle's product portfolio comprises of enterprise cloud, ad measurement and verification, enterprise and telecoms software and media cloud and storage.
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Oracle's revenues were over $1B in 2022. Caretta Research has split Oracle's revenue into 8 different product categories, the largest of which is enterprise and telecoms CRM. For full access to Oracle's revenue breakdown subscribe to Caretta Portal.
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Oracle's customers primarily consist of telecoms companies. Examples of Oracle's customers include University of Michigan, KDDI and Amdocs. Oracle has commercial and technical partners like Veritas Technologies and Kontron. Oracle has suppliers like Vodafone Business.

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