## Overview Oracle Corporation is a leading American multinational technology company, currently headquartered in Austin, Texas[3]. It is best known for its database software, cloud computing solutions, and a comprehensive suite of enterprise applications that includes enterprise resource planning (ERP), human capital management (HCM), customer relationship management (CRM), and supply chain management (SCM) software[3]. Oracle serves organizations across industries and sizes, helping them manage complex data, streamline operations, and transition to cloud-based infrastructures[1]. ## History and Evolution Founded in 1977 in Santa Clara, California, by Larry Ellison, Bob Miner, and Ed Oates, Oracle began as Software Development Laboratories, focusing on relational database technology[1]. The company was renamed Oracle Corporation in 1982 and quickly became a public company, debuting on the NASDAQ with the ticker ORCL[1]. Oracle’s early innovations, especially its embrace of SQL and portable databases, established it as the global standard for enterprise data systems[8]. Over decades, Oracle expanded beyond databases through strategic acquisitions, building a full stack of enterprise applications and transitioning from a software licensor to a cloud services provider[3][8]. ## Key Achievements Oracle’s flagship product, the Oracle Database, has been recognized as one of the most influential software products of the 1990s[1]. The company’s shift to cloud computing—marked by the introduction of Oracle Cloud Infrastructure (OCI) and a suite of SaaS applications—has redefined its growth trajectory[8]. Oracle’s consolidation of its own systems using the Oracle E-Business Suite saved the company $1 billion, showcasing the power of its integrated solutions[1]. In recent years, Oracle has aggressively expanded its cloud infrastructure, securing multibillion-dollar contracts with major AI firms like OpenAI, xAI, and Meta, which have catapulted its order backlog to approximately $455 billion as of August 2025[9]. These deals have also