IPO and Market Leadership (1990s)
- 1990: Oracle went public with an initial public offering (IPO), raising substantial funds for further development and expansion. This event marked Oracle as a significant player in the software industry.
- 1992: Oracle 7 was launched, bringing several innovations, including support for triggers and stored procedures. These features allowed for more complex data manipulation and enhanced data integrity.
- Throughout the 1990s, Oracle became the market leader in database technology, effectively competing with IBM’s DB2 and Microsoft SQL Server, thanks to its robust features and scalability.
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