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Last $35.20 USD
Change Today +0.12 / 0.34%
Volume 13.4M
ORCL On Other Exchanges
Sao Paulo
As of 8:04 PM 02/10/16 All times are local (Market data is delayed by at least 15 minutes).
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Company Description

Contact Info

500 Oracle Parkway

Redwood City, CA 94065

United States

Phone: 650-506-7000


operating systems and Oracle’s virtualization software, the company develops a range of other hardware-related software, including development tools, compilers, management tools for servers and storage, diagnostic tools and file systems. Management Software The company invests in a range of management technologies and products to meet the needs of customers building and efficiently operating complex IT environments, including both end users’ and service providers’ cloud environments. Oracle Enterprise Manager is a comprehensive management solution for all Oracle infrastructure, platform and applications technologies and provides an integrated view of the entire IT lifecycle, including deployment, monitoring, and lifecycle management. Hardware Systems Support The company’s hardware systems support offerings provide customers with software updates for software components that are essential to the functionality of its hardware products, such as Oracle Solaris and certain other software products, and can include product repairs, maintenance services and technical support services. Services The company offers services solutions to help customers and partners maximize the performance of their investments in Oracle application, platform and infrastructure technologies. Its services business, which is comprised of the remainder of its operating segments, offers the following consulting services that are designed to help its customers and global system integrator partners more successfully architect and deploy its products, including IT strategy alignment, 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 Oracle products and 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 it offers through its software and cloud, hardware and services businesses. A selective and active acquisition program is another important element of the company’s corporate strategy. It intends to acquire companies, products, services, and technologies. 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. Outside the United States, the company’s international subsidiaries sell, support and service its products and 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, 2015) 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 op


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