Oracle is a highly flexible and powerful relational database. A relational database stores data and allows users to update and retrieve data. Databases help businesses manage a large amount of data and allow multiple users to work on the data at the same time.
Oracle is very popular in the business world internationally. It has a 54 percent market share in the database market. This is because the company has also created applications that work with the database. Many other popular databases require a programmer to create unique applications for an individual company in order to manage the data in the database. This popular database supplier has created many different types of applications that help businesses use their data.
The Financial Applications
The first set of applications that Oracle created to augment the database were financial applications. These financial applications can help businesses work with accounting information from the database. Some of their financial applications include a ledger, a sales analysis tool, payables, receivables and order entry.
Other applications to the Oracle database include the Enterprise Resource Planning Cloud that helps businesses manage accounting and financial tasks as well as purchasing and project management. The Customer Experience Cloud contains applications that help companies deal with customer resource management, sales, marketing, customer service, and e-commerce. The Supply Chain Management Cloud helps businesses track issues of manufacturing and distribution as well as inventory, fleet management, invoicing, and order fulfillment. The Human Capital Management Cloud helps employers with workforce and talent management, Global HR, and compensation and benefits.
All of these tools help businesses utilize the data kept in the database and all exist in an online cloud. The next generation of their database cloud applications will include machine learning and an interface that is voice-driven, like Siri.
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Applications Related to Emerging Technology
The company has developed some emerging technology applications that will help the database be the backbone of businesses in the future as well. For example, the Adaptive Intelligence app combines artificial intelligence with machine learning algorithms in order to help companies discern trends in data and make decisions about future actions. The Internet of Things app helps with remote management over the internet. The Blockchain Applications Cloud allows businesses to convert to use of a blockchain-style of database. This helps businesses not only deal with their present demands for database applications, but also foresees the applications that will be used in the future, as we move towards Internet 2.0.
Programming for Oracle
According to Burleson Consulting, Oracle only hires programmers with at least a bachelor’s degree in computer science from a small number of very renown universities. Experienced programmers can expect to make around $100,000 per year. Because of the highly competitive nature of the job, programmers often are required to work as unpaid interns in order to develop their experience. They have to be well-versed in C, C++, Java, COBOL, and PL/SQL. Programmers can expect to be called in to work on holidays and weekends.
Oracle is an industry leader in relational databases. They help businesses store, update, change, and manage data. The applications that can be purchased with the Oracle database are flexible and powerful and meet the needs of many different types of enterprises.