SOURCE: Oracle Corporation

Oracle Corporation

October 17, 2013 20:54 ET

Oracle Becomes Second Largest Software Company in the World

IBM Falls to Third

REDWOOD SHORES, CA--(Marketwired - Oct 17, 2013) - Oracle (NYSE: ORCL)

News Facts:

Given IBM's recently announced quarterly results, we would like to take this opportunity to point out that Oracle's software business has been growing faster than IBM's software business and now Oracle has moved up to become the number 2 software company in the world while IBM has slipped to number 3. Over IBM's last four quarters, they reported software revenue totaling $25.7 Billion, while during Oracle's last 4 quarters, we reported software revenue totaling $27.8 Billion.

Supporting Quote

  • "We will continue to develop innovative software products and related cloud services in pursuit of becoming number one," said Oracle President and CFO Safra Catz.

IBM Software and Oracle Software (in millions):

ORACLE   Q2'13 Q3'13 Q4'13 Q1'14 LTM
               
  GAAP   $6,649 $6,672 $8,428 $6,084 $27,833
               
IBM     Q4'12 Q1'13 Q2'13 Q3'13 LTM
               
  External   $7,915 $5,572 $6,423 $5,798 $25,708
               

Sources: IBM investor relations webpage and Oracle investor relations webpage.

About Oracle
Oracle engineers hardware and software to work together in the cloud and in your data center. For more information about Oracle (NYSE: ORCL), visit www.oracle.com.

Trademarks
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Contact Information

  • Contact Info

    Deborah Hellinger
    Oracle Corporate Communications
    +1.212.508.7935
    Email Contact

    Ken Bond
    Oracle Investor Relations
    +1.650.607.0349
    Email Contact