The rapid advance of technology during the last 30 years has enabled markets to expand and commerce to flourish. Information technology is at the core of this information, and the ability to store, process, and gain business insights, has been-and continues to be-at the center of this radical change in the way people do business.
The company plays an important role in today's database technology and applications in enter?prises throughout the world, from the largest multinational corporations to the corner coffee shop. It supplies information about management softwarethe world's second largest independent software company. The acquisition of Sun gives Oracle a leadership role in the hardware arena as well.
In 1977 has been founded Software Development Laboratories, the precursor to Oracle by Larry Ellison, the head of the founders, and his coworkers Bob Miner and Ed Oates. Although most large enterprises were using computers in 1977, the systems were enormous and powered arcane and inefficient software. Only highly trained professionals could use the complex machines and manage data input and output. The vision, drive, and optimism of Oracle's founders led to a revolution in enterprise computing.
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