Top 10 Information Technology (IT) Companies in World 2014

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2. Oracle Corporation

Oracle Corporation is the second most valuable company in IT industry. The company provides enterprise software, computer hardware products and services. It operates across Middle East, Europe, Americas and Africa, and Asia Pacific regions. It is headquartered in Redwood Shores, California and it has 1,20,000 employees.

In 1977 Larry Ellison, Robert Miner, Bruce Scott and Edward Oates established Oracle as a System Development Laboratories. In 1982, the company changed its name to Oracle Systems, now it is known as Oracle Corporation. Oracle has three business segments: software, hardware systems and services. Software segment provides wide range of software products which is designed to operate on both clustered server like cloud and single server. It also gives licences to customer with right to upgrade the software products and maintenance releases. Hardware segment provides different hardware systems and related services. The service segment offer cloud services, consulting services and educations services.

Diversified geographical presence across 145 countries and strong customer base are Oracle’s core strength. The company adopted inorganic growth strategy and acquired number of companies for portfolio diversification.

Revenue: $37.9 B

Profit: $11.12 B

Assets: $86.56 B

Market Value: $187.36 B

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