ment, enterprise architecture planning and design, initial product implementation and integration, and ongoing product enhancements and upgrades; advanced customer support services, which are provided on-premises and remotely to its customers to enable performance and availability of their Oracle products and services and also include certain other services; and education services for Oracle products and services, including training and certification programs that are offered to customers, partners and employees through various formats, including instructor led classes at its education centers, live virtual training, self-paced online training, private events and custom training. Strategy The company’s strategy is to continue its investments in, and innovation with respect to, its products and services that the company offers through its cloud and on-premise software, hardware and services businesses. A selective and active acquisition program is another important element of the company’s corporate strategy. Marketing and Sales The company directly markets and sells its products and services to businesses of many sizes and in many industries, government agencies and educational institutions. It also markets and sells its offerings through indirect channels. Outside the United States, the company’s international subsidiaries sell, support and service its offerings in their local countries, as well as within other foreign countries. The company also markets its products worldwide through indirect channels. The companies that comprise the company’s indirect channel network are members of the Oracle Partner Network. The Oracle Partner Network is a global program that manages the company’s business relationships with a network of companies, including independent software and hardware vendors, system integrators and resellers that deliver solutions and services based upon its product offerings. By offering the company’s partners access to its product offerings, educational information, technical services, marketing and sales support, the Oracle Partner Network program extends its market reach by providing its partners with the resources they need to be successful in delivering solutions to customers globally. The majority of the company’s hardware systems products are sold through indirect channels, including independent distributors and value added resellers. Seasonality The company’s quarterly (year ended May 31, 2016) revenues have historically been affected by various seasonal factors, including the structure of its sales force incentive compensation plans, which are common in the technology industry. Its total revenues and operating margins are typically highest in its fourth fiscal quarter and lowest in its first fiscal quarter. Competition The company’s enterprise cloud and on-premise software and hardware offerings compete with some offerings from some of the major companies in the world, including Microsoft Corporation; International Business Machines Corporation; Intel; Hewlett-Packard Enterprise; SAP SE; and Amazon.com, Inc. It also competes with smaller companies, such as salesforce.com, inc. and Workday, Inc. Research and Development For the year ended May 31, 2016, the company’s research and development expenditure included $5.8 billion. History Oracle Corporation was founded in 1977. The company was incorporated in 2005 as a Delaware corporation.
oracle corp (ORCL:New York Consolidated)
500 Oracle Parkway
Redwood City, CA 94065
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