Oracle Hospitality

Oracle Corporation stands as one of the world's largest and most influential technology companies, with a market capitalization exceeding $870 billion as of 2025. Founded in 1977 by Larry Ellison, Bob Miner, and Ed Oates, Oracle revolutionized the software industry by commercializing the relational database management system (RDBMS). The company's name originated from a CIA project codename that the founders worked on at Ampex Corporation, which also became Oracle's first customer.

Over its nearly five-decade history, Oracle has transformed from a database software company into a comprehensive cloud computing powerhouse. The company serves customers in over 175 countries with more than 200 AI and cloud services delivered across public, dedicated, and hybrid cloud environments. Oracle's cloud infrastructure spans 50 interconnected geographic commercial and government cloud regions, each offering a consistent set of more than 150 Oracle Cloud Infrastructure (OCI) services.

Oracle has been extraordinarily acquisitive, completing over 150 acquisitions to expand its capabilities and market reach. Major acquisitions include PeopleSoft ($10.3 billion, 2005), Siebel Systems ($5.85 billion, 2006), BEA Systems ($8.5 billion, 2008), Sun Microsystems ($7 billion, 2010), NetSuite ($9.3 billion, 2016), and most recently Cerner ($28.3 billion, 2022) to revolutionize electronic health records. These strategic acquisitions have positioned Oracle as a dominant player across database management, enterprise resource planning (ERP), customer relationship management (CRM), human capital management (HCM), and cloud infrastructure.

Financially, Oracle has demonstrated consistent growth with fiscal year 2025 revenue reaching $57.4 billion, representing 8.38% growth from 2024. The company's cloud business has been a major growth driver, with cloud revenue (IaaS plus SaaS) growing 21-28% year-over-year in recent quarters. Oracle's business model divides into two main segments: cloud and license (generating approximately $35 billion in FY2023) and hardware and services. The company employs approximately 159,000 people globally and maintains a strong position in multiple technology sectors.

In September 2025, Oracle underwent a significant leadership transformation, appointing Clay Magouyrk (age 39) and Mike Sicilia (age 54) as co-CEOs, while founder Larry Ellison remains as Chairman and Chief Technology Officer, and former CEO Safra Catz transitions to Executive Vice Chair. This generational leadership shift positions Oracle to continue its innovation trajectory in cloud computing, artificial intelligence, and database technologies for decades to come.