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Table of Contents
Forward-Looking Statements
For purposes of this Annual Report, the terms “Oracle,” “we,” “us” and “our” refer to Oracle Corporation and its
consolidated subsidiaries. In addition to historical information, this Annual Report on Form 10-K contains
forward-looking statements that involve risks and uncertainties that could cause our actual results to differ materially.
Factors that might cause or contribute to such differences include, but are not limited to, those discussed in Item 1A.
Risk Factors. When used in this report, the words “expects,” “anticipates,” “intends,” “plans,” “believes,” “seeks,”
“estimates” and similar expressions are generally intended to identify forward-looking statements. You should not
place undue reliance on these forward-looking statements, which reflect our opinions only as of the date of this
Annual Report. We undertake no obligation to publicly release any revisions to the forward-looking statements after
the date of this document. You should carefully review the risk factors described in other documents we file from
time to time with the U.S. Securities and Exchange Commission, including the Quarterly Reports on Form 10-Q to be
filed by us in our 2009 fiscal year, which runs from June 1, 2008 to May 31, 2009.
PART I
Item 1. Business
General
We are the world’s largest enterprise software company. We develop, manufacture, market, distribute and service
database and middleware software as well as applications software designed to help our customers manage and grow
their business operations.
Our goal is to offer customers scalable, reliable, secure and integrated software solutions that improve transactional
efficiencies, adapt to an organization’s unique needs and allow better ways to access and manage information at a
lower total cost of ownership. We seek to be an industry leader in each of the specific product categories in which we
compete and to expand into new and emerging markets.
We believe our internal or organic growth and continued innovation with respect to our core database, middleware
and applications technologies provide the foundation for our long-term strategic plan. In fiscal 2008, we invested
$2.7 billion on research and development to enhance our existing portfolio of products and services and to develop
new products, features and services.
An active acquisition program is another important element of our corporate strategy. Over the last four fiscal years,
we have invested billions of dollars, including $9.4 billion in fiscal 2008, to acquire a number of complementary
companies, products, services and technologies such as BEA Systems, Inc. in fiscal 2008, Hyperion Solutions
Corporation in fiscal 2007, Siebel Systems, Inc. in fiscal 2006 and PeopleSoft, Inc. in fiscal 2005. We believe our
acquisition program supports our long-term strategic direction, strengthens our competitive position, expands our
customer base, provides greater scale to accelerate innovation, grows our revenues and earnings, and increases
stockholder value. We expect to continue to acquire companies, products, services and technologies.
Oracle Corporation was incorporated in 2005 as a Delaware corporation and is the successor to operations originally
begun in June 1977.
Software and Services
We are organized into two businesses, software and services, which are further divided into five operating segments.
Our software business is comprised of two operating segments: (1) new software licenses and (2) software license
updates and product support. Our services business is comprised of three operating segments: (1) consulting, (2) On
Demand and (3) education. Our software and services businesses represented 80% and 20% of our total revenues,
respectively, in both fiscal 2008 and 2006, and 79% and 21% of our total revenues, respectively, in fiscal 2007. See
Note 13 of Notes to Consolidated Financial Statements for additional information related to our operating segments.
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Source: ORACLE CORP, 10-K, July 02, 2008 Powered by Morningstar® Document Research℠