The Oracle Corporation is an American global computer technology corporation, head quartered in Redwood City, California. The company primarily specializes in developing and marketing computer hardware systems and enterprise software products particularly its own brands of database management systems. In 2011 Oracle was the second-largest software maker by revenue, after Microsoft. The company also develops and builds tools for database development and systems of middle-tier software, enterprise resource planning ERP software,customer relationship management CRM software and supply chain management SCM software.
Larry Ellison, a co founder of Oracle, served as Oracle's CEO from founding. On September 18, 2014, it was announced that he would be stepping down with Mark Hurd and Safra Catz to become CEOs. Ellison became executive chairman and CTO. He also served as the Chairman of the Board until his replacement by Jeffrey O. Henley in 2004. On August 22, 2008, the Associated Press ranked Ellison as the top-paid chief executive in the world. Ellison co-founded Oracle Corporation in 1977 with Bob Miner and Ed Oates under the name Software Development Laboratories SDL. Ellison took inspiration from the 1970 paper written by Edgar F. Codd on relational database management systems RDBMS named "A Relational Model of Data for Large Shared Data Banks.
"He heard about theIBM System R database from an article in the IBM Research Journal provided by Oates. Also derived from Codd's theories, Ellison wanted to make Oracle's product compatible with System R, but failed to do so as IBM kept the error codes for their DBMS a secret. SDL changed its name to Relational Software, Inc RSI in 1979, then again to Oracle Systems Corporation in 1982, to align itself more closely with its flagship product Oracle Database. At this stage Bob Miner served as the company's senior programmer. In 1995, Oracle Systems Corporation changed its name to Oracle Corporation, officially named Oracle, but sometimes referred to as Oracle Corporation, the name of the holding company. Part of Oracle Corporation's early success arose from using the C programming language to implement its products. This eased porting to different operating systems most of which support C.
From 1988, Oracle Corporation and the German company SAP AG had a decade-long history of cooperation, beginning with the integration of SAP's R/3 enterprise application suite with Oracle's relational database products. The marketplace regarded the two firms' products as complementing one another, rather than as substitutes. Despite the current SAP partnership with Microsoft, and the increasing integration of SAP applications with Microsoft products such as Microsoft SQL Server, a competitor to Oracle Database, Oracle and SAP continue their cooperation. According to Oracle Corporation, the majority of SAP's customers use Oracle databases. In recent years, however, competition between Oracle and SAP has increased, and as a result, the rivalry between the two companies has grown, even developing into a feud between the co-founders of the two companies, where one party would frequently voice strong negative comments about the other company.
In 2004, Oracle began to increase its interest in the enterprise-applications market in 1989, Oracle had already released Oracle Financials. A series of acquisitions by Oracle Corporation began, most notably those of PeopleSoft, Siebel Systems and Hyperion. SAP recognized that Oracle had started to become a competitor in a market where SAP had the leadership, and saw an opportunity to lure in customers from those companies that Oracle Corporation had acquired. SAP would offer those customers special discounts on the licenses for its enterprise applications.
From 1988, Oracle Corporation and the German company SAP AG had a decade-long history of cooperation, beginning with the integration of SAP's R/3 enterprise application suite with Oracle's relational database products. The marketplace regarded the two firms' products as complementing one another, rather than as substitutes. Despite the current SAP partnership with Microsoft, and the increasing integration of SAP applications with Microsoft products such as Microsoft SQL Server, a competitor to Oracle Database, Oracle and SAP continue their cooperation. According to Oracle Corporation, the majority of SAP's customers use Oracle databases. In recent years, however, competition between Oracle and SAP has increased, and as a result, the rivalry between the two companies has grown, even developing into a feud between the co-founders of the two companies, where one party would frequently voice strong negative comments about the other company.
In 2004, Oracle began to increase its interest in the enterprise-applications market in 1989, Oracle had already released Oracle Financials. A series of acquisitions by Oracle Corporation began, most notably those of PeopleSoft, Siebel Systems and Hyperion. SAP recognized that Oracle had started to become a competitor in a market where SAP had the leadership, and saw an opportunity to lure in customers from those companies that Oracle Corporation had acquired. SAP would offer those customers special discounts on the licenses for its enterprise applications.
Qualification : Any Graduation And Experience : Fresher/Experience
No of Posts : Multiple jobs in multiple locations With Salary : 45,000 - 78,000 p/m
Last Date : 12/06/2016 Foor Applying Online
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