Sector: Retail Tech
Countries of operation: US, China, UK and others
Key product categories: Business software, applications and hardware including enterprise resource planning (ERP), hosted on premises and in the cloud
Annual Metrics
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Latest year-end: May 31, 2020.[/caption]
Summary
Headquartered in Redwood Shores, California, Oracle is a global IT company offering diverse products and services, including hardware and software that can be hosted on the client’s premises or in the cloud. The company’s software offerings include applications and several types of ERP software. Its software infrastructure offerings include database software, middleware and the Java programming language. Oracle also offers its software and infrastructure as a service to its customers. The company’s hardware devices include systems, storage devices and dedicated high-performance database appliances.
Company Analysis
Coresight Research insight: Oracle is a large company within the mature ERP segment, yet the company is seeing substantial growth from enterprises’ moving to the cloud. The company offers the business tools its customers need, including analytics, data management and security, and is embedding artificial intelligence and machine learning through out its platform. Oracle’s Gen-2 cloud aims to offer greater resilience and security.
| Tailwinds |
Headwinds |
- Substantial growth opportunities as corporations move toward digital transformation.
- Growth in demand for cloud computing.
- The need for greater resilience and security.
|
- Delays and reductions in IT spending.
- Focus on many industry verticals.
- Competition for resources in a large global company.
|
Strategy
Oracle’s corporate strategy centers on investing in research and development in order to offer its customers a broad and flexible portfolio of solutions and remain a global technology leader. The company has also been a healthy acquirer of large and small companies to enter new markets and obtain new technology. Another main focus is the pursuit of its cloud strategy, including offering software and infrastructure as a service.
In retail, Oracle aims to offer its customers the transparency and flexibility to facilitate customer interactions, whether they occur in-store or online. The company offers retailers specific tools in relation to omnichannel sales, business analytics and insights, merchandising, planning, and supply chain logistics.
Revenue Breakdown (FY19)
Company Developments
| Date |
Development |
| June 16, 2020 |
Oracle reports a 4Q revenue decline of 6%, including 32% growth in Fusion ERP revenue. |
| June 25,2020 |
Oracle announces the launch of Helidon 2.0, a set of Java libraries for microservices development. |
| May 26, 2020 |
Oracle announces the launch of its Visual Builder Platform for developing cloud-native applications. |
| May 20, 2020 |
Oracle announces the launch of its Analytics for Cloud HCM (human capital management) product. |
| March 17, 2020 |
Oracle announces the launch of Java version 14. |
Management Team
- Lawrence J. Ellison—Co-Founder, Chairman & CTO
- Safra Ada Catz—CEO & Director
- Kehring Douglas—Executive VP of Corporate Operations & Head of Corporate Development
- Mark E. Sunday—Senior VP & CIO
Source: Company reports/S&P Capital IQ
