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Oracle: The One Fast and One Slow Success Path
Oracle has been a mnstay in the business world for decades. Renowned for its database management system, it has stood the test of time and remned relevant in an ever-changing industry. However, like any other company in the tech world, Oracle has had its ups and downs. In this article, we’ll explore the one fast and one slow path that Oracle has taken to achieve success.
The Fast Path: Database Management System
The database management system (DBMS) is Oracle’s bread and butter. It’s the product that put Oracle on the map and it’s what they’re best known for. Oracle’s DBMS was one of the first to hit the market and it quickly became the go-to platform for businesses of all sizes.
This early success allowed Oracle to build a loyal customer base and establish a reputation for reliability and stability. Customers were willing to pay top dollar for Oracle’s proprietary platform because they knew they could depend on it.
Over the years, Oracle has continued to improve its DBMS, adding new features, improving performance, and staying up to date with the latest industry trends. Through all of this, it has remned a leader in the database management space and has continued to attract new customers.
The Slow Path: Cloud Computing
Cloud computing is the next big thing in the tech world, and it’s a space that Oracle is now trying to break into. However, Oracle is coming late to the game, and it’s been a slow path to success.
When Oracle first started its foray into cloud computing, it was primarily focused on selling its existing software products through the cloud. This was a good start, but it wasn’t enough to compete with other cloud providers like Amazon Web services (AWS) and microsoft Azure, who were investing heavily in their own cloud platforms.
In 2016, Oracle made a big move to try and catch up with the competition. It acquired NetSuite, a cloud-based enterprise resource planning (ERP) software company, and began investing heavily in building out its own cloud platform.
However, it’s been a slow road for Oracle in the cloud computing space. According to Gartner, Oracle is still a relatively small player in the cloud infrastructure market, with just a 2.2% market share. In contrast, AWS and Microsoft Azure have market shares of 40% and 19%, respectively.
Despite this, Oracle continues to invest in its cloud platform, and it’s making progress. In June 2019, the company announced that it had launched a new cloud region in Chile, bringing its total number of cloud regions to 36.
Conclusion
Oracle’s success has been built on two different paths: the fast path of its database management system and the slow path of cloud computing.
While the DBMS has been a reliable source of revenue and a key part of Oracle’s success for decades, cloud computing has been a much slower journey. However, Oracle continues to make progress in this area, and it will be interesting to see how their cloud platform continues to evolve in the coming years.
Code Example:
Here is a code example of Oracle’s DBMS:
CREATE TABLE employees (
employee_id NUMBER(6),
first_name VARCHAR2(20),
last_name VARCHAR2(25),
eml VARCHAR2(25),
phone_number VARCHAR2(20),
hire_date DATE,
job_id VARCHAR2(10),
salary NUMBER(8,2),
commission_pct NUMBER(2,2),
manager_id NUMBER(6),
department_id NUMBER(4)
);
This code creates a table in Oracle’s DBMS called “employees,” which contns information like employee names, phone numbers, job titles, and salaries. The table can then be used to store and retrieve employee data as needed.
