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This American software leader was reportedly founded in 1977 in Santa Clara , California , by Larry Ellison , Bob Miner and Ed Oates . The operation is currently headquartered in Redwood Shores , California , where Ellison holds the position of Executive Chairman & CTO . Safra Catz heads Oracle ’ s efforts as CEO . Oracle reportedly posted sales in excess of $ 39.5bn and employs more than 138,000 people . It ranked in the top 200 of the Fortune 500 list in 2018 in terms of revenue and employees reportedly enjoy a median annual salary of approximately $ 90,000 . The rank and file at Oracle include 40,000 engineers and developers , 19,000 consultants with implementation responsibilities and 16,000 support professionals serving 430,000 clients . Oracle provides SCM services such as product life cycle management , order management , and supply chain logistics among others . JUNE 2019