Every company wants to boost efficiency to increase sales. The hard task is to convert this wish to a well-structured goal.
Some businesses with years of experience have already found the key to effectiveness and innovation. Still, there is always room for improvement.
But how?
Years ago, the cloud technology company Oracle was founded. Ever since, it has been helping companies become more resilient and increase growth.
Let’s look at some insightful Oracle statistics to better understand how the company became a world-known leader.
Fascinating Oracle Statistics
- In 2018, Oracle had 25,000 partners worldwide.
- The number of Oracle customers reached 430,000 the same year.
- The company raised $31.5 million in its initial public offering.
- Oracle has over 70 million users and 33 billion transactions daily.
- Oracle’s revenue doubled every year between 1980 and 1987.
- The company reported a $40 billion revenue in its 2021 fiscal year.
- In 2021, its net income was $13.75 billion.
- The number of employees at Oracle reached 132,000 in 2021.
- Oracle ranked second among the largest software companies.
Oracle Usage
What is Oracle used for?
What is the company’s competitive advantage?
How did it become an industry leader?
The tech company is currently the world’s most popular database management system provider.
To unravel its performance highlights, we gathered several Oracle facts. Let’s take a look!
1. The number of employees at Oracle reached 132,000 in 2021.
(Source: Statista)
What is the driving force of every successful business? Of course, the people.
Oracle’s total number of employees in 2021 surpassed 132,000. Compared to the previous year, this was actually a slight decrease.
The company’s employee count marked a substantial growth between 2008 and 2017 when it reached 138,000. Since then, the numbers have been slowly dropping.
2. Oracle has automated the process of gathering object statistics.
(Source: Dummies)
Oracle recognizes the value of database stats, as it allows it to help out clients more effectively.
The more information you have on a given subject, the more valuable insights you can gain. However, to analyze it, you also need data about the data, or metadata.
The three major types of database statistics Oracle works with are object, system, and fixed table statistics. Each of them helps the company manage and access the large amounts of data it operates with.
3. Oracle started using grid computing in 2003.
(Source: Oracle)
No matter the type of business, every organization stores information. The old-fashioned cardboard boxes have been replaced by databases.
Oracle took database management a step further. In 2003, it launched grid computing with the introduction of Oracle 10g.
The introduction of 11g in 2007 led to further improvements. Statistics about Oracle 11g show its features help developers adapt more quickly to changes in the business environment.
4. Oracle provides over 80 cloud infrastructure services in 34 regions.
(Source: Oracle)
Oracle cloud statistics unveil that the company’s cloud infrastructure is the fastest growing network.
It is currently available in 34 regions and has 10 more locations planned for the near future.
Oracle Market Share
What is Oracle’s revenue?
Why is it the most widely adopted CRM?
Where does it stand in the tech market?
Below, we present some Oracle statistics that answer these and other questions.
5. Oracle ranked second among the largest software companies.
(Source: Statista)
The enterprise software industry is one of the fastest-growing IT sectors with outstanding revenue. In 2019, the spending on enterprise software worldwide amounted to $458 billion.
2021 statistics show Oracle is the second-largest software and programming company, with $39.7 billion in revenue.
It is followed by SAP with $31.7 billion. The first place is taken by Microsoft with a staggering $153.3 billion.
6. Oracle’s revenue reached $40 billion in 2021.
(Source: Statista)
Oracle started its journey as a tech company in 1977. The company’s annual revenue has skyrocketed in the past ten years.
We could argue whether this is due to years of experience or competitive advantage but facts are facts.
The company’s largest income source is the cloud services and license support sector. It brings more than half of its overall revenue.
In 2021, Oracle’s revenue reached $40 billion—an all-time high in its history.
7. Oracle’s earnings doubled every year between 1980 and 1987.
(Source: BaselineMag)
In 1977, Oracle founders Larry Ellison, Bob Miner, and Ed Oates established the company Software Development Laboratories.
The company’s success began in 1980 when it introduced the first available RDBMS for commercial use. From then until 1987, Oracle’s revenue doubled every year.
8. Oracle’s 2021 net income was $13.75 billion.
(Source: Statista)
Even though Oracle’s employee count dropped, the tech company registered an annual net income of $13.75 billion.
This marks a three billion dollars increase in its net income from the previous year.
It is the highest net income for Oracle so far. But judging by the company’s prosperity, this is just the beginning.
9. The adoption of Oracle Cloud among enterprises doubled.
(Source: TheNewStack)
Most cloud providers registered an increase in adoption rates in 2021.
Whether this is due to COVID-19 or the fact that organizations are ready to integrate technology into business, we don’t know.
What we do know is that Oracle adoption statistics reveal a 32% increase in the use of cloud technology. Once again, numbers speak for themselves.
10. Microsoft is Oracle’s biggest rival, with a $176.3 billion revenue.
(Source: Owler)
Yes, Oracle is one of the best software companies worldwide. With $40.8 billion revenue, Oracle is a leader in the cloud tech industry.
Still, the market is highly saturated, and competition is getting better as we speak. Among Oracle’s strongest competitors are Microsoft, IBM, Intel, and Google.
Oracle News
What does the company Oracle do to be so successful? For starters, it provides a large range of high-quality services.
That said, it gained a lot of popularity when it sued Google.
Let’s examine in more detail this and other news around the company’s success.
11. Oracle has over 70 million users and 33 billion transactions daily.
(Source: Channel Insider)
The company’s cloud platform has one of the highest adoption rates. Oracle stats reveal it has over 70 million daily users and 33 billion transactions.
The platform is used on 54,000 devices, collecting over 700 petabytes across 19 data centers worldwide.
12. Oracle raised $55 million in its initial public offering in 1986.
(Source: BusinessInsider)
Nine years after its establishment, Oracle had its initial public offering. The company was a huge success.
However, soon after, it had to let go 10% of its workforce due to a huge misunderstanding. Its numbers for 1990 were skewed because it allowed people to book sales for the upcoming quarter.
As a result, Oracle faced more than one lawsuit and had trouble with regulations. The company was close to bankruptcy.
13. Larry Ellison and his partners started Oracle with $2,000.
(Source: BusinessInsider)
The company’s large success can be traced back to a small investment by its founder. In 1977, Larry Ellison and his partners established the company with a total of $2,000.
Of them, $1,200 came out of Ellison’s own pocket. This turned out to be a very smart investment.
Oracle stats reveal Ellison is currently one of the richest men worldwide. In 2012, he purchased Lanai, a Hawaiian island, for around $300 million.
14. In 2019, Oracle targeted the Department of Defense workloads, adding three new regions.
(Source: Oracle)
Oracle’s second generation cloud services provide a higher level of security and performance. The company’s goal is to integrate cloud computing into public sector agencies.
In fact, the CIA was one of the first clients of Oracle.
In December 2019, it expanded its services to three new regions in Virginia, Arizona, and Illinois.
15. Oracle spent $6.53 billion for research and development in 2021.
(Source: Statista)
Oracle’s largest business division is cloud services and licensing.
However, Oracle stats for 2022 show the company increased its investment in research and development.
This marks a noticeable increase compared to the previous few years. Since 2017, it has been investing around $6 billion per year.
16. Amazon cut off all Oracle databases in 2019.
(Source: BusinessInsider)
Before the Oracle vs AWS rivalry became a thing, Amazon Prime, Alexa, and Kindle were all running on Oracle’s databases.
Now, Amazon Web Services has turned into one of Oracle’s main competitors.
In 2019, Amazon gave up the last Oracle database, migrating 75 petabytes of data to AWS. As a result, it claims it saw a 60% reduction in costs and a 40% reduction in latency.
17. The US Supreme Court ruled in favor of Google over Oracle.
(Source: Reuters)
The more we look into information about the company Oracle, the more lawsuits we discover. However, the lawsuit it filed against Google is the most popular one.
What happened? Was that a trick to cause media publicity?
Not really (although it did have that effect too). Oracle sued Google for the use of its software code to build the Android OS, which is the core of every Android device.
You can imagine the size of the lawsuit, right?
Oracle filed the lawsuit in 2010 in the San Francisco federal court. The potential damage for Google would have been between $8 and $30 billion.
In 2021, the lawsuit ended. The US Supreme Court ruled in favor of Google, judging there was no violation of federal copyright laws.
Wrap Up
Nearly reaching bankruptcy, filing lawsuits, and being sued, Oracle’s history is more than interesting.
Still, Oracle statistics suggest the future holds great success for the company. Is that really the case? We can sit back and watch the story unfold.
Sources
Unaware that life beyond the internet exists, Nick is poking servers and control panels, playing with WordPress add-ons, and helping people get the hosting that suits them.
