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Oracle, throughout its successful history, has earned a reputation for innovation. Founded by Larry Ellison, Bob Miner, and Ed Oates in 1977, Oracle was built on the belief that a relational database could store and manage data more efficiently than the prevailing hierarchical database model. From day one, Oracle's market leadership has been a direct result of its visionary spirit and technological leadership—a track record of innovation and industry firsts.
In 1979, Oracle delivered the world's first commercially available relational database. It was also the first database to implement SQL language, now an industry standard. The tools that Oracle subsequently developed in 1981 allowed developers to build business applications. In 1983, Oracle shipped the first database able to run on PCs, minicomputers, and mainframes. The Oracle database has consistently shattered performance benchmarks, setting world records with every release.
In 1987, after cementing its position in the marketplace as the leading provider of database and tools, Oracle embarked on another challenge: to build standardized business applications. In 1988, Oracle delivered the first set of UNIX-based accounting software. In 1997, Oracle shipped the world's first Java-based enterprise applications suite, as well as the first transactional application server for the internet.
In 2000, Oracle announced the availability of the Oracle E-Business Suite, the first and still the most complete, internet-enabled, integrated suite of business applications that spans both front- and back-office operations. All applications were built on a single data model that provides seamless, real-time business intelligence throughout the enterprise. Since then, with the release of Oracle Fusion Middleware, Oracle has begun debuting new products and functionality that further the company's goal: connecting all levels of enterprise technology to help customers access the knowledge they need to respond to market conditions with speed and agility. And, technologies such as Oracle Real Application Clusters and Oracle Grid Computing, as well as support for enterprise Linux, all fuel the commitment to innovation and customer-focused results that has defined Oracle for more than thirty years.
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