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Larry Ellison,Ed Oates and Bob Miner founded the Oracle Corporation in the year 1977. It was then named as Software Development Laboratories (SDL). In the year 1979 its name was changed to Relational Software, Inc (RSI).To align itself more with their main product i.e. Oracle Database the company name was changed to Oracle Systems. Once again in 1995, Oracle System Cooperation renamed itself as Oracle Corporation. In Jan’10 Oracle bought Sun Microsystems and acquired several other companies after that.
Oracle is used because it is built on open industry standards and overcomes system designs which are isolated.It is also used because the schemes are evolving day by day and the queries which are used are not defined beforehand.It is used where there is terabytes of unstructured and structured data like web mining and text mining. Oracle Database information is useful in many ways like it allows you to assimilate and model DBMS schemas, without the use of custom programming it helps you to integrate data from various sources, it provides us with the way to decompose knowledge into tiny pieces and also providing the rules about semantics of the same.
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