Let’s play a quick game – name a software company that significantly impacts our daily lives. Microsoft is likely the first one that comes to your mind. But what about Oracle? Even if it’s not at the top of your list, this database giant plays a crucial role in driving the tech revolution that shapes our world.
Did you know that Oracle rakes in over $40 billion in yearly revenue? Or that they dominate more than half of the entire database market? These impressive stats stand strong behind their iconic red logo, but their influence goes beyond just branding. From powering convenience store checkouts to major cloud infrastructure projects, Oracle is everywhere.
Feeling intrigued? Hold on tight as we uncover even more mind-blowing Oracle facts. We’ll dive into their story with simple and accessible explanations to understand how and why this behind-the-scenes titan has become so dominant. And, of course, we’ll take a peek at their big bets for 2023 as they continue to evolve in the digital world they’ve helped create.
Oracle Corporation Key Statistics for 2023
- In 2023, Oracle recorded $8.503 billion as its net income, with a fiscal year gross profit of $36.39 billion.
- The Corporation recorded $1.3 million as value for its 2023 annual total assets and $1.36 million for the third quarter of 2023.
- In 2023, the firm disbursed $8.746 billion for expenses on Research and Development.
- On November 3, 2023, Oracle reported a market cap of $292.758 billion and ranked No. 28 in the NYSE stock market.
- And in September 2023, their site hit 40.37 million visitors, which signifies a 54.24% bounce rate.
Get ready to dive deeper into Oracle’s world with some facts and stats about the company in 2023.
1. Oracle Corporation was founded by Bob Miner, Ed Oates, and Larry Ellison in Santa Clara, California, on June 16, 1977.
2. Its current headquarters is in Austin, Texas, United States.
3. The company started as Software Laboratories (SDL), renamed to Relational Software, Inc. (RSI) in 1979, became Oracle Systems Corporation in 1983, and Oracle Corporation in 1995.
4. Larry Ellison stepped down as CEO in 2014, giving the position to Safra Catz while becoming the firm’s Chief Technology Officer (CTO) and Board Chairman.
5. The company made significant acquisitions, including NetForce Inc., Siebel, PeopleSoft, BEA Systems, and Sun Microsystems, during various years, expanding its reach and portfolio.
6. 2018 marked the company’s highest publicity level, featuring 25,000 global partners.
Ready for more? Here’s a look at some Oracle stock price statistics.
7. Oracle made a strong entry into the NASDAQ stock listing and transitioned to the NYSE stock exchange on July 15, 2013.
8. And there’s more to discover! Want to learn additional details and statistics about Oracle for 2023? Click here to find out more.
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