Oracle 2014 Annual Report Download - page 8

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Table of Contents
We have three businesses that deliver our application, platform and infrastructure technologies: software and cloud, hardware systems, and
services. These businesses can be further divided into certain operating segments (Note 16 of Notes to Consolidated Financial Statements,
included elsewhere in this Annual Report, provides additional information related to our operating segments):
Oracle Corporation was incorporated in 2005 as a Delaware corporation and is the successor to operations originally begun in June 1977.
Application, Platform and Infrastructure Technologies
Oracle’s comprehensive portfolio of application, platform and infrastructure technologies address an organization’s business, infrastructure and
development IT requirements. Our applications, platform and infrastructure technologies are based upon industry standards and are designed to
be enterprise grade, reliable, scalable and secure. We offer these technologies through our software and cloud, hardware and services businesses
and deliver them through flexible and interoperable deployment models that enable customer choice and best meet customer IT needs.
Application and Platform Technologies
Our application and platform technologies consist of comprehensive software and cloud offerings including our SaaS and PaaS offerings, Oracle
Applications, Oracle Database, Oracle Fusion Middleware and Java, among others, and related support.
Our application and platform technologies are substantially built on standards-based architectures that are designed to help customers reduce the
cost and complexity of their IT infrastructure. Our commitment to industry standards results in software that works in customer environments
with Oracle or non-Oracle hardware or software components and that can be adapted to meet specific industry or business needs. This approach
is designed to support customer choice and reduce customer risk. Our software offerings are substantially designed to operate on both single
server and clustered server configurations for cloud or on-premises IT environments, and to support a choice of operating systems including
Oracle Solaris, Oracle Linux, Microsoft Windows and third party UNIX products, among others.
Our application and platform technologies are marketed, sold and delivered through our software and cloud business, which includes our new
software licenses and cloud software subscriptions segment and software license updates and product support segment, among others. New
software licenses and cloud software subscriptions revenues represented 26% of our total revenues in fiscal 2015 and 28% in each of fiscal 2014
and 2013. Software license updates and product support revenues represented 49%, 47% and 46% of our total revenues in fiscal 2015, 2014 and
2013, respectively.
Application Technologies
Our application technologies are available through the purchase of an on-premises software license or via subscription to our Oracle SaaS
offerings. Regardless of the deployment model selected, our application technologies are designed to reduce the risk, cost and complexity of our
customers’ IT infrastructures, while supporting customer choice with flexible deployment models that readily enable agility, compatibility and
extendibility.
4
our software and cloud business is comprised of three operating segments: (1) new software licenses and cloud software subscriptions,
which includes our SaaS and PaaS offerings, (2) cloud infrastructure as a service and (3) software license updates and product support.
Our software and cloud business represented 77%, 76% and 75% of our total revenues in fiscal 2015, 2014 and 2013, respectively;
our hardware systems business is comprised of two operating segments: (1) hardware systems products and (2) hardware systems
support. Our hardware systems business represented 14% of our total revenues in each of fiscal 2015, 2014 and 2013; and
our services business is comprised of the remainder of our operating segments and offers consulting services, enhanced support services
and education services. Our services business represented 9%, 10% and 11% of our total revenues in fiscal 2015, 2014 and 2013,
respectively.