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Oracle Corporation is an American multinational computer technology corporation, the company sells database software and technology, cloud engineered systems and enterprise software products—particularly its own brands of database management systems.
The company also develops and builds tools for database development and systems of middle-tier software, ERP software, HCM software, CRM software, and supply chain management software.
Larry Ellison co-founded Oracle Corporation in 1977 with Bob Miner and Ed Oates under the name Software Development Laboratories. Ellison took inspiration from a paper written by Edgar F . Codd in 1970 on relational database management systems named "A Relational Model of Data for Large Shared Data Banks." He heard about the IBM System R database from an article in the IBM Research Journal provided by Oates. Ellison wanted to make Oracle's product compatible with System R, but failed to do so as IBM kept the error codes for their DBMS a secret. SDL changed its name to Relational Software, Inc in 1979, then again to Oracle Systems Corporation in 1983 to align itself more closely with its flagship product Oracle Database. At this stage Bob Miner served as the company's senior programmer. On March 12, 1986, the company had its initial public offering.In 1995, Oracle Systems Corporation changed its name to Oracle Corporation, officially named Oracle, but sometimes referred to as Oracle Corporation, the name of the holding company. Part of Oracle Corporation's early success arose from using the C programming language to implement its products as this eased porting to different operating systems most of which support C.