Oracle, a privately owned company headquartered in the US, was founded in 1977, employs approximately 226,690 individuals, and reported $57.4B in revenue as of 2024. The company specializes in enterprise and telecoms software, functioning as a cloud technology provider that offers computing infrastructure and software to organizations. Oracle also provides an autonomous database designed to organize and secure customer data.

2024 Revenue

Founded

1977

Headcount

226,687

Headquarters

US

Primary Segment

Enterprise and telecoms software

Ownership

Publicly Owned

Deployments

16

News Summary:

Oracle received top ratings for product experience, innovation, and customer value in the 2025 ISG Research Buyers Guides for AI Agents and Conversational AI for Workforce. The company was also recognized as exemplary for product and consumer experiences in both guides. Reports indicate Oracle is part of a consortium to acquire an 80 percent stake in TikTok US. Separately, Oracle reported a significant surge in orders for its cloud infrastructure services during the quarter ending August, with four multi-billion-dollar contracts resulting in a 359 percent increase in its order backlog to USD 455 billion, mostly to be delivered within four years.

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Oracle offers 17 products in the connectivity and cloud, telecoms tech and media tech industries. Oracle's product portfolio comprises of enterprise cloud, bSS/OSS, enterprise and telecoms software, media cloud and storage and telecoms network infrastructure.
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Oracle's revenues were over $1B in 2024. Caretta Research has split Oracle's revenue into 13 different product categories, the largest of which is other. For full access to Oracle's revenue breakdown subscribe to Caretta Portal.
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Oracle's customers primarily consist of higher Education, telecoms and software Development companies. Examples of Oracle's customers include Amdocs, Cosmote / OTE and University of Michigan. Oracle has commercial and technical partners like Globecast, Kontron and Veritas Technologies. Examples of Oracle's suppliers include Vodafone Business and Criteo.

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