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Oracle, A SUCCES Story
Welcome to the history of Oracle Corporation, one of the largest software companies in the world.
In 1977, Larry Ellison, Bob Miner, and Ed Oates founded Software Development Laboratories, which would later become Oracle Corporation. Their initial focus was to develop database management software for government agencies and large corporations.
In 1979, Oracle Corporation released the first version of their Oracle Database, which was the first commercially available relational database management system based on SQL. This marked a major shift in the database industry, as it allowed organizations to manage their data in a more flexible and efficient manner.
Throughout the 1980s, Oracle continued to expand its product offerings, adding support for distributed databases and introducing its own programming language, PL/SQL. The company also began to acquire other software companies to broaden its product portfolio and enter new markets.
In the 1990s, Oracle became one of the largest software companies in the world, with annual revenues exceeding $1 billion. The company continued to innovate, releasing new versions of its database software that introduced features such as support for multimedia data and online transaction processing.
In the early 2000s, Oracle shifted its focus towards enterprise applications, acquiring companies such as Siebel Systems and PeopleSoft to expand its offerings in this area. The company also began to offer cloud-based services, such as Oracle Cloud Infrastructure and Oracle Cloud Applications.
Today, Oracle is a global company with a wide range of products and services that span database management, enterprise applications, cloud computing, and more. The company continues to innovate and evolve, with a focus on helping organizations manage their data and processes in a more efficient and secure manner.
That's a brief overview of the history of Oracle Corporation. We hope you enjoyed learning about this technology giant's journey to becoming the company it is today.
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