Oracle

Company Overview

Oracle Corp. provides products and services that address enterprise information technology (IT) environments. Its products and services include enterprise applications and infrastructure offerings through various flexible and interoperable IT deployment models, including on-premise, cloud-based and hybrid deployments. Oracle has three businesses: cloud and license business, hardware business and services business. 

• Oracle cloud license and on-premise license deployment offerings include Oracle Applications, Oracle Database and Oracle Middleware software offerings.
• Oracle hardware products include Oracle Engineered Systems, servers, storage and industry-specific products. 
• Services business offerings include consulting services and advanced customer services. 

Oracle acquired Cerner Corp, a U.S.-based healthcare technology supplier, in June 2022. The company was renamed Oracle Cerner, and it now offers Oracle Cerner healthcare through their Cloud SaaS, aiming to improve healthcare delivery for patients and communities. Oracle sells its products and services to customers in various regions, including the Americas, Europe, the Middle East and the Asia-Pacific region. It distributes its solutions through independent vendors, integrators and resellers.

Financial Highlights (FY 2023)

Company's Business Segments

• Cloud and license : Oracle license support offerings; Oracle Cloud Services offerings; and Oracle cloud license and on-premise license offerings
• Hardware : Oracle Engineered Systems, server, storage, and industry-specific hardware offerings
• Services : Personnel-related expenses, technology infrastructure expenditures, facilities expenses, and external contractor expenses