A mission statement is a statement drawn up by a company that explains the reason for the companies existence. According to missionstaments.com, “A mission statement defines in a paragraph or so any entity’s reason for existence. It embodies its philosophies, goals, ambitions and mores. Any entity that attempts to operate without a mission statement runs the risk of wandering through the world without having the ability to verify that it is on its intended course.”
Oracle’s mission statement from the company’s website:
With more than 380,000 customers—including 100 of the Fortune 100—and with deployments across a wide variety of industries in more than 145 countries around the globe, Oracle offers an optimized and fully integrated stack of business hardware and software systems.
Oracle engineers hardware and software to work together in the cloud and in your data center–from servers and storage, to database and middle-ware, through applications. Oracle systems:
- Provide better performance, reliability, security, and flexibility
- Lower the cost and complexity of IT implementation and management
- Deliver greater productivity, agility, and better business intelligence
For customers needing modular solutions, Oracle’s open architecture and multiple operating-system options also give customers unmatched benefits from best-of-breed products in every layer of the stack, allowing them to build the best infrastructure for their enterprise. (oracle.com)
Oracle is a software enterprise company based in Redwood Shores, California. The LexisNexis Database provides a detailed description of the company and what they do. “Oracle Corporation is an enterprise software company. The Company develops, manufactures, markets, distributes and services database and middle-ware software, applications software and hardware systems, consisting primarily of computer server and storage products. It operates in three segments: software, hardware systems and services. Its software business is consisted of two operating segments: new software licenses and software license updates and product support. Its hardware systems business consists of two operating segments: hardware systems products and hardware systems support. Its services business is consisted of three operating segments: consulting, On Demand and education. In January 2010, the Company acquired Sun Microsystems, Inc. and Silver Creek Systems, Inc. In January 2011, the Company completed the acquisition of Art Technology Group (ATG), Inc.” (LexisNexis)
With Oracle’s mission statement and business description defined we now know what why the company exists and what they do. Generally speaking a company’s main goal is to increase profit. Oracle’s objectives of how they increase profit and stay in existence are more clear. Oracle is able to maintain their top position in the software industry by acquiring cutting edge technology and acquisitions.
- Oracle Buys Enterprise Search And Data Management Company Endeca (techcrunch.com)
- Why Oracle bought big data veteran Endeca (gigaom.com)
- Larry The Social Samurai Takes Oracle All The Way To $40 (forbes.com)
- Endeca to Be Acquired by Oracle; Earth Shifts (xconomy.com)
- Oracle’s net rises 36 percent, but servers slip (seattlepi.com)