Oracle named leader in enterprise data warehouse space
In the prior part of this series, we touched upon Oracle’s (ORCL) continued dominance in the database space. Despite the increasing popularity of open-source databases, Oracle’s databases, along with IBM (IBM) DB2, are preferred by organizations.
Oracle’s dominance in the database space was further established when it was cited as a leader in the Forrester Wave: Enterprise Data Warehouse report in 4Q15. Apart from Oracle, notable players in this space include Teradata, IBM (IBM), SAP (SAP), and Microsoft (MSFT), as the above presentation shows.
Oracle’s increased focus on big data and the cloud
The Forrester report further stated that the company’s focus on the cloud and big data, its improved support for data management devices, and its dominance in the database space give it an edge over its peers. Later in this series, we’ll discuss various launches and acquisitions Oracle engaged in to strengthen its presence in the cloud and big data space.
According to Marshall Choy, Oracle’s senior director for Optimized Solutions, “data warehousing is one of the core technology areas where we have driven many innovations over the years. These innovations integrate and extend our data management offerings both on-premises and in the cloud.” He added that “Oracle recognizes that a secured, scalable data warehouse is the foundation for Big Data and Big Data will continue to drive demands on IT to provide more agile warehousing solutions.”
Investors who wish to gain exposure to Oracle can consider investing in the iShares Core S&P 500 ETF (IVV). IVV has an exposure of ~8.5% to application software and invests ~0.7% of its holdings in Oracle.