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Oracle Net Worth: The Value of a Tech Giant

András Crow-Hreidar by András Crow-Hreidar
24 June 2023
in News
Reading Time: 2 mins read
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When it comes to being at the top of the game Oracle Net Worth doesn’t disappoint . This multinational technology corporation is not only named as the 16th most valuable company in the world but it also boasts a staggering net worth of over $150 billion . With rankings like 40th in profit , 33rd in market value and 82nd in the Global 2000 Oracle is definitely a force to be reckoned with . Headquartered in Redwood Shores California this tech giant has made a significant mark in the business world.

Taking on the Competition

Oracle focuses its efforts on developing and marketing database software and technologies . In fact it has its very own series of database management systems . Back in 2015 Oracle even managed to become the second largest software maker in terms of revenue trailing only behind the mighty Microsoft . From database development tools to enterprise resource planning , customer relationship management and supply chain management systems Oracle has it all covered.

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A Journey Through History

Oracle’s journey began back in 1977 when Larry Ellison along with Ed Oates and Bob Miner founded the company . Initially known as Software Development Laboratories the company underwent a few name changes over the years . From Relational Software Inc. in 1979 to Oracle Systems Corporation in 1982 it finally settled on the name Oracle Corporation in 1995 . And boy has it come a long way since then . With its net worth now surpassing the hundred billion dollar mark Oracle’s success story is awe inspiring.

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Oracle Net Worth Today

Fast forward to the present and Oracle net worth stands tall at a mind blowing 168.9 billion dollars . This remarkable success firmly secures its place among the most valuable companies worldwide . Such an success shows Oracle’s commitment to innovation , reliability and of course the customer satisfaction . As the technology continues to evolve Oracle remains to maintain its strength and industry influence.

In Conclusion

Oracle net worth of 168.9 billion dollars is a testament to its journey from humble beginnings to a global technology power house . With its impressive lineup of software and hardware solutions the company has a solid position as a market leader . It has a rich history , dedication to innovation and unwavering focus on customer needs have paved the way for continuous growth and success . As Oracle sets its sights on the future there’s no doubt that Oracle net worth will keep soaring reaffirming its status as a dominant player in the tech industry.

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András Crow-Hreidar

András Crow-Hreidar

Editor-in-chief, Content Editor Hi there, my name is András and I'm a business and finance journalist living in Norway. My passion lies in uncovering the latest stories in the world of finance and delivering them to my readers in a way that's clear and engaging. I cover a wide range of topics in the finance world, including cryptocurrencies, which I believe have the potential to transform the way we interact with money and financial systems.

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