How do oracles make money? (2024)

How do oracles make money?

Software Licenses: Oracle sells software licenses to customers who want to use their products. These licenses provide the right to use Oracle's software on a specific number of computers or for a particular period of time. The revenue generated from software licenses is a significant portion of Oracle's earnings.

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What is Oracle's most profitable product?

Revenue of Oracle 2005-2023

The company's cloud services and license support segment is its biggest earner, accounting for more than half of its overall revenues.

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Where does Oracle's revenue come from?

Oracle's revenue streams consist of: Software licenses. Cloud services fees. Maintenance and support services fees.

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How is Oracle doing financially?

Oracle Corporation (NYSE: ORCL) today announced fiscal 2024 Q3 results. Total quarterly revenues were up 7% year-over-year in both USD and constant currency to $13.3 billion. Cloud services and license support revenues were up 12% in USD and up 11% in constant currency to $10.0 billion.

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What is the business strategy of Oracle?

To sum up, Oracle's use of focus strategy stands out in the way they conduct their business. With the use of various channels of distribution such as website, social media, and community forums, they have been able to stay in touch with the needs of their customers (Pereira, 2023).

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Who is the biggest competitor of Oracle?

Top Oracle Alternatives
  • IBM.
  • Informatica.
  • Microsoft.
  • Qlik (Talend)
  • SAP.
  • SAS.
  • Amazon Web Services (AWS)
  • Alteryx.

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Who are Oracle's biggest customers?

List Of Prominent US Companies That Use Oracle
Company NameWebsiteRevenue$79 Billion$51.6 Billion$4 Billion$9.6 Billion
16 more rows

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What is Oracle's main business?

Oracle is a multinational computer technology corporation specializing in developing and marketing database software and technology, cloud-engineered systems, and enterprise software products. In simpler terms, Oracle creates tools that help businesses manage and organize their data more effectively.

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Who owns the most Oracle stock?

Larry Ellison

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Who competes with Oracle?

Oracle competitors include Workday, IBM, SAP, Microsoft and Accenture.

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Why is Oracle falling?

“For the second straight quarter, Oracle didn't meet Cloud/OCI growth expectations and again pinned the blame on the pace of infrastructure capacity build-outs, which is disappointing and tough to get visibility into (what could be taking so long?),” wrote UBS analysts in a Tuesday note to investors.

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Why are customers leaving Oracle?

First, Oracle customers are looking to get out of those expensive Oracle contracts and spend less money. Second, Oracle will never make it easy for their customers to spend less money on Oracle. In fact, Oracle will do just about anything to prevent that from happening.

How do oracles make money? (2024)
Does Oracle have any debt?

Total debt on the balance sheet as of November 2023 : $88.78 B. According to Oracle's latest financial reports the company's total debt is $88.78 B. A company's total debt is the sum of all current and non-current debts.

How does Oracle make most of its money?

Software Licenses and Support: Oracle is known for its database management systems, enterprise software, and cloud solutions. It generates a significant portion of its revenue from selling software licenses and providing ongoing support and maintenance services to its customers.

What is Oracle's primary product?

The company sells database software (particularly the Oracle Database) and cloud computing.

How profitable is Oracle?

Profit margin can be defined as the percentage of revenue that a company retains as income after the deduction of expenses. Oracle net profit margin as of February 29, 2024 is 20.27%. Oracle Corporation is one of the largest enterprise-grade database, middleware and application software providers.

Why is Oracle so famous?

Overview of Oracle Database

Oracle Database is one of the world's most popular enterprise-level database management systems. Developed by Oracle Corporation, it is known for its ability to manage and process large amounts of data quickly and efficiently.

Which company is bigger Oracle or Microsoft?

Microsoft's brand is ranked #22 in the list of Global Top 100 Brands, as rated by customers of Microsoft. Their current market cap is $1.91T. Oracle's brand is ranked #173 in the list of Global Top 1000 Brands, as rated by customers of Oracle. Their current market cap is $207.07B.

Which company is bigger Salesforce or Oracle?

Is Salesforce larger than Oracle? According to data from last year, it's close. In July 2020, Salesforce's market capitalization was at $180 billion, whilst Oracle trailed slightly behind at $174 billion.

Does Amazon use Oracle?

Back in 1994 when Amazon started operations, on-premise databases were the best thing going for storing and managing enterprise data. And Oracle was at the top of the heap. As Amazon's retail business grew to become the powerhouse it is today, it became more entrenched with Oracle each passing year.

Why does Netflix use Oracle?

The streaming giant, Netflix relies on Oracle's technologies to manage and analyze vast amounts of user data for personalized content recommendations and seamless user experiences.

Does Microsoft use Oracle?

The Microsoft and Oracle partnership is focused on giving customers choice and removing the hurdles faced when migrating mission-critical workloads to the public cloud where they can access the rich set of technology needed to accelerate innovation and compete more effectively.

Where is Oracle's headquarters?

Oracle Corporation, headquartered in Austin, TX is an enterprise software company. The company develops, manufactures, markets, distributes and services database and middleware software, as well as applications software that help organizations to manage their businesses.

Who owns Oracle?

Larry Ellison is chairman, chief technology officer and cofounder of software giant Oracle, of which he owns just under 40%.

Is Oracle a profitable company?

Oracle gross profit for the twelve months ending February 29, 2024 was $37.561B, a 5.14% increase year-over-year. Oracle annual gross profit for 2023 was $36.39B, a 8.42% increase from 2022. Oracle annual gross profit for 2022 was $33.563B, a 2.88% increase from 2021.

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