What it does: An American multinational computer technology corporation that develops and markets computer applications for business. Oracle creates its own Data Management System (DMS), a software that offers a centralised view of data that may be accessed by various users in multiple locations.
Best known for: Its Oracle database software and its computer systems. The technology giant owns popular software such as Java, a programming language, and Solaris, an operating system, which it acquired in its purchase of Sun Microsystems in 2010.
Staff stats: 137,000 as of 2018 with headquarters in Redwood Shores, California
The good bits: Flexible work schedules, opportunity to work with great talent and technology and work-life balance with a strong focus on training and education.
The not-so-good bits: Little to no salary hikes, a rigid, bureaucratic environment, and difficulty moving up the ranks. Oracle suffers from the common afflictions of big companies that may include slow decision making and a layered management
Hiring grads with top marks in: Engineering, Maths, IT & Computer Sciences; Finance, Accounting, Economics & Business Administration; Arts & Social Sciences; Law & Legal Studies; Property & Built Environment, among others.
Initially named Software Development Laboratories, Oracle was founded in 1977 by three colleagues: computer programmers Bob Miner and Larry Ellison from American electronics company Ampex Corporation and Ellison's Ampex supervisor, Ed Oats. The idea behind Oracle was inspired by a research paper drafted by Edgar F. Codd, a British-born computer scientist. Ellison and his colleagues saw the potential in the research paper, which outlined a relational database model that organised vast amounts of data for efficient storage and quick retrieval.
The colleagues then worked on creating a marketing program inspired by Codd's data management theory. Oracle was then released in 1979, which was the earliest commercial relational database program to use Structured Query Language (SQL). The U.S. Air Force was its first customer.
Oracle became the world's largest database management company in 1987. Although its eponymous database was steadily growing in popularity, the company's growth was largely attributed to its aggressive software company acquisition with products for a range of technology and business applications. Oracle has bought scores of companies including multi-billion-dollar purchases of Siebel, PeopleSoft, Sun Microsystems, BEA, and NetSuite.
At the advent of the Internet, the company experienced more success with products that were compatible with online technologies. With a newfound market, the company grew along with its acquisitions. Since then, Oracle led the database technology industry, offering various operating systems for different computers ranging from microcomputers to large mainframes. Upon its purchase of Sun Microsystems, Oracle acquired programming language Java, operating system Solaris, and open-source database MySQL.
Today, Oracle's customers span geographies with the US accounting for 45% of sales. UK, Canada, Germany, and Japan account for 5% or less, while 170 other countries account for 35%.
The recruitment process varies from role to role, but an interview typically begins with a phone or video interview for most candidates. This is succeeded by a written test and a series of technical and behavioural interviews with HR representatives, department managers, or employees currently working on your preferred role.
Aspiring software engineers will have to pass a written exam that includes an aptitude test (quantitative, flowchart, and logical reasoning questions), contextual communication, general computer programming, and coding. This is followed by a series of one-on-one or panel technical interviews and behavioural interviews with HR representatives, groups, or department managers.
Oracle is known for offering competitive salaries with an array of fringe benefits. Former employees, however, complain about little to no salary increases and slow promotions.
A competitive basic salary for entry-level roles along with an array of benefits that may include: health insurance (that may be extended to immediate dependents), medicine and vision reimbursement, quarterly bonuses, free shuttle service, paid vacation and sick leave, and retirement pay, among others.
An above-average basic salary for entry-level roles. The average annual salary for a software engineer is Rs 787,374, while technical consultants receive Rs 1,080,045 annually. Benefits may include health insurance, paid sick and vacation leave, life or disability insurance, transport services, flexible schedules and work from home opportunities.
Oracle believes that diversity and inclusion, and the differences in views that it brings, are essential for innovation. This belief is exercised in several ways. Diversity Internship Programs, which include the UNCF Corporate Scholars Internship, are scholarships granted to African-American college students.
A number of initiatives are targeted towards veterans as well. This includes the Veteran Internship program, a quarter-long paid internship that offers hand-on training on technology, logistics, sales, HR, IT, data, and more, the Veteran Recruitment Team that focuses on attracting and retaining top veteran talent, and the Military and Veterans Employment Network, an employee resource group that helps veterans grow their careers.
Through a combination of volunteer support, grants, and sponsorships to communities where it operates, Oracle aims to safeguard the environment, advance education, and enrich community life.
Typical activities include awarding cash grants to a variety of non-governmental organisations, non-profits, and other implementation partners; develop, fund, and execute several Oracle Volunteers projects, and award in-kind grants of curriculum, training, software, and certification resources to educational institutions by the Oracle Academy, a computer science education program for K-12, vocational, and higher educational institutions.
High-basic salary, attractive fringe benefits, work flexibility, and the prestige of working for a technology giant makes Oracle an appealing entry-point into the IT industry, but with little to no salary hikes and slow promotions, those looking to build a career may be advised to look elsewhere.