Top 10 Information Technology (IT) Companies in World 2015
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3. Oracle Corporation
The Oracle Corporation, a multinational technology firm based in Redwood City, California, United States.
It was founded in 1977 by Larry Ellison, Ed Oates and Bob Miner under the name Software Development Laboratories (SDL). On January 27, 2010, Oracle announced its acquisition of Sun Microsystems.
The acquisition valued at more than $7 billion helped transforming Oracle from solely a software company to both software and hardware manufacturer.
Oracle’s core strengths include diversified geographical presence across 145 countries and a strong customer base. The company adopted an inorganic growth strategy and acquired a number of companies for portfolio diversification. From the data center to the cloud, Oracle eliminates the complexity that stifles business innovation, as well as engineers in speed, reliability, manageability and security. Oracle delivers a portfolio of cloud solutions for business, IT, and development needs. These include software as a service (SaaS), infrastructure as a service (IaaS), platform as a service (PaaS) and data as a service (DaaS).