Oracle is a multinational corporation that develops and sells database software, cloud systems, and enterprise software. Oracle’s products help businesses manage and organize their data. Here are some of Oracle’s products and services: Oracle Database – A collection of data organized by type, which can be used for storing and retrieving related information. Oracle Database can be deployed on-premises, in the cloud, or in a hybrid cloud. Oracle Cloud – A cloud infrastructure platform that offers services for building, running, and migrating IT. Oracle Cloud@Customer An on-premises cloud offering that provides the same services as Oracle’s public cloud, but runs from a customer’s data center. Oracle Inventory Management System A part of Oracle’s supply chain management software that provides visibility into the flow of goods across an organization’s supply chain. Oracle Financial Services Analytical Applications (Ofsaa) A product for banks and financial institutions that provides analytical solutions for risk, performance management, compliance, and customer insight
Oracle
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Oracle database is a relational database management system (RDBMS) from Oracle Corporation. This article will explain a complete overview of the Oracle database, features, history, and editions. Before discussing the oracle, we will first need to know about the database.
A database refers to the organized collection of structured data stored electronically in a device. It allows us to access, manage, and find relevant information frequently. The flat file structure was extensively used to store data before the database system was invented. The relational database approach becomes popular in comparison to the flat file model because it eliminates redundant data. For example, suppose we have an employee and contact information stored in the same file. In such a case, the employees with multiple contacts will show up in many rows.
The RDBMS system manages the relational data. Oracle Database is the most famous relational database system (RDBMS) because it shares the largest part of a market among other relational databases. Some other popular relational databases are MySQL, DB2, SQL Server, PostgreSQL, etc.
Oracle Corporation was founded by Lawrence Ellison (Larry Ellison), Bob Miner, Ed Oates, and Bruce Scott in August 1977. They have a lot of experience in building database programs for several companies and builds their first project (a special database program) for the CIA (Central Intelligence Agency). Oracle was named after “Project Oracle,” a project for one of their clients named Central Intelligence Agency, and the company that created Oracle was called Systems Development Labs (SDL). Systems Development Labs was renamed Relational Software Inc. (RSI) in 1978 to expand their market for the new database. They had again changed the name of the company from RSI to Oracle Systems Corporation in 1982.
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