Oracle Company
Oracle company is a global corporation that ensures the development and marketing of the various computer software applications for its entire business. The company is majorly known for its given oracle database software as well as the data management system. It is also best preferred for computer systems and software, for instance, java. The company is situated in the Redwood shores found in California. It was founded by Larry Ellison and Bob miner in the year 1977. The two founders were the computer programmers in the American Ampex corporation. In 1979, the company managed to release oracle, which was regarded as the earliest marketable relation database program to apply the structured query language, which enhanced the company’s popularity. Later in the year 1987, the company become the largest company globally in database management due to its increased demand. The company’s growth was facilitated through its aggressive procurement of the software corporations that dealt with products for a wide range based on business and technology applications. (Dodgson., 2018) Based on the history of the company, it is considered to claim to have bought scores of the corporation, including high profile multibillion-dollar purchase of the sun microsystem and people software.
Based on the strategic evolution, the company established a strategic partnership with a fire eye. The collaboration of the two enhanced the fire eyes first cloud solution based on oracle and the fire eyes email security on the Oracle cloud infrastructure. The cooperation of the two provided the optimization based on the oracle bare cloud surrounding. It aided the clients to shift to a cloud environment that provided flexibility cost, which ensured ease of deployment and security. Also, the US tech company managed to secure a worth partnership with the VANTA network hence resulting to the company carrying out various activities with the oracle OEM business unit to ensure expansion and thus reach the enterprise clients and consumers. The oracle cloud company and the OEM business unit will help the company attract oracles foreign enterprise clients as the users of the products and customers of itself. This strategy of collaboration has enhanced the company to ensure the emerging technologies prevalent across its cloud contributions. It has also helped the clients take advantage of the given technologies to initiate their transformation based on the digital sector. The oracle has transformed innovative technologies into business usage and moved its new capabilities into the platform to ensure the clients can build upon them.
The evolution of the strategy that is applicable in the oracle company is the product of the intended policies, which offers end to end scheduling capabilities for the manufacturing of given firms and thus enabling them to attain long and short-term set goals. The use of the internet and artificial intelligence helps to change the execution plans. The strategy also offered the evaluation that entails the future scenarios and thus analyses the alternatives that can be used to retain and ensure an improvement of the company business targets. During the introduction of the new plan is generated, the execution systems do the transformation on the proposal to change into action. (Lehr. et al. 2017)
The company has the mission of fostering an inclusive environment that leverages the different backgrounds and perspectives to the client’s suppliers, partners, and employees to ensure a sustainable global competitive advantage. Also, the goal of the company is to offer help directly to its given working staff behaviour and to aid in directing the entire operation of the business in the short term.
References
Dodgson, M. (2018). Technological collaboration in the industry: strategy, policy and internationalization in innovation (Vol. 11). Routledge.
Lehr, T., Lorenz, U., Willert, M., & Rohrbeck, R. (2017). Scenario-based strategizing: Advancing the applicability in strategists’ teams. Technological Forecasting and Social Change, 124, 214-224.