Larry Ellison, the founder of Oracle, spoke about the use of artificial intelligence (AI) combined with databases to answer questions in natural language. Oracle, a company founded in 1977, has seen significant growth and profitability in recent years, with a substantial portion of its revenue coming from Europe, the Middle East, and Africa. However, it is challenging to determine the specific market representation in Spain.
Oracle specializes in databases and operates in three main sectors: cloud and licenses, hardware, and services. The company’s focus on AI has resulted in a robust portfolio of contracts globally. In Spain, many companies rely on Oracle technology, particularly Oracle Netsuite, which offers updated software with AI tools. With nearly 1,900 employees in Spain, Oracle is committed to growth and innovation in the country.
Recently, Oracle acquired Cerner Corporation, a provider of digital information systems for healthcare. This acquisition signaled Oracle’s entry into the healthcare sector. Despite some legal challenges related to tax issues, Oracle remains profitable and continues to expand its operations in Spain. In conclusion, Oracle’s Spanish subsidiary plays a crucial role in the company’s global strategy, with a focus on innovation and growth in various sectors.
