上世纪90年代，中国经济刚起步的时候，好多领域的技术还得靠国外进口，尤其是数据库这块儿，国内基本没啥像样的产品。那时候，美国的甲骨文公司看 准了机会，带着他们的Oracle数据库杀进中国市场，一下子就成了老大，垄断了整整21年。 创始人拉里·埃里森这人，野心大得很，早年在美国混得风生水起，却对中国市场抱着高高在上的心态，不光赚中国人钱，还公开说绝不培养中国员工，生 怕技术外泄。 结果呢，随着中国本土企业发力，甲骨文一步步被挤出去，2019年灰溜溜地关闭了在华研发中心。这事儿说白了，就是外资企业傲慢过头，自食苦果。 1944年埃里森生在纽约，母亲是个未婚少女，才19岁就把生病的他送给了芝加哥的姨妈姨夫抚养。童年过得挺苦，养父母家境一般，养父是个会计师。 大萧条时赔光了家底，家里气氛老是压抑。埃里森上学也不顺，进了伊利诺伊大学学物理和数学，第二年就辍学了，后来又去芝加哥大学试了试，还是没毕 业。 20多岁时他跑到加州伯克利，当起了程序员，干些零活儿挣钱。那时候他没啥大志向，就想混口饭吃，在Ampex公司上班，接触到数据库技术，还读了埃德 加·F·科德的论文，这玩意儿讲关系型数据库，让他开了窍。 1977年，埃里森 ...

Core Insights - Larry Ellison, the founder of Oracle, has become the world's richest person with a net worth nearing $400 billion, largely due to Oracle's significant market growth and stock price increase since 2020 [2][17] - Oracle has experienced continuous growth for five years, with its market capitalization reaching $830 billion, making it one of the largest beneficiaries of the AI era alongside Nvidia [2][17] - The name "Oracle" was chosen to symbolize the company's database software as a key to unlocking the unknown, and it was later localized to "甲骨文" (Oracle Bone Inscriptions) for the Chinese market, enhancing its appeal [9][12] Company History - Oracle was founded in 1977 by Larry Ellison and his colleagues with an initial investment of $2,000, and it was originally named Relational Software Inc. [3][6] - The company was renamed Oracle in 1982 to reflect the success of its database software [7][33] - Oracle entered the Chinese market in 1989, becoming one of the first foreign software companies to do so, and its localized name helped it gain a foothold [12][14] Market Position - Oracle has maintained a dominant position in the database market for over three decades, with its products widely used across critical industries such as finance, healthcare, and retail [14][60] - Despite facing competition from emerging Chinese data companies, Oracle's established technology and brand reputation have allowed it to remain resilient in the market [61][62] - The company has a comprehensive business model based on cloud computing and enterprise application software, which continues to show significant growth potential as global demand increases [61][62] Challenges and Resilience - Oracle faced significant challenges in the early 1990s, including a drastic drop in market value and layoffs, but successfully restructured and returned to profitability within a year [39][43] - The company has consistently innovated, launching advanced products like Oracle 7.0 and Oracle 8.0, which contributed to its resurgence and growth in sales [44][60] - Oracle's ability to adapt and evolve its technology has been crucial in maintaining its competitive edge in the software industry [60][61]

以下文章来源于华商韬略 ，作者熊剑辉 华商韬略 . 聚焦标杆与热点、解构趋势与韬略 1944年，19岁的美国少女斯柏尔曼生下了个不知道父亲是谁的狮子座男孩。 9个月后，她把男孩一手甩给了哥哥嫂子从此销声匿迹（48年后才现身相认）。 这个男 孩就是日后名震硅谷的"坏孩子"， 9月10日一天之内身价暴增千亿美元，创下有史以来单 日最大财富增长纪录的 ——拉里 · 埃里森。 01 据满嘴跑航天飞机的埃里森自述，他的童年，在简陋的出租屋、带枪战的街区中度过，他被采访的 时间越往后，童年被描绘得越凄惨。 来自战斗民族的养父，影响了埃里森一生的性格。 他的养父据说曾是百万富翁、乒乓球冠军、议会候选人，但媒体死活找不到任何相关证据。 1933年的大萧条，让他一无所有，可这个公务员出身的老家伙就是信权威、拜政府，觉得警察、老 师永远是对的。这让性格倔强独立的埃里森非常看不起，养成了从小就爱顶嘴的臭毛病， 养父也不 放弃任何机会奚落埃里森， 说他一辈子注定一事无成。 这种针扎火燎的话，每天强烈刺激着埃里森，成功后的埃里森说：烈火才能炼真金，谢谢您，我的 父亲！ 可年轻的埃里森，离成功还早着呐！ 高中毕业进了伊利诺斯大学，原本成 ...

Who Is Larry Ellison, the Man Who Just Surpassed Elon Musk as the World’s Richest?Amartya Chatterjee11 min read·Just nowJust now--Larry Ellison has just overtaken Elon Musk to become the world’s richest man. This article explores the remarkable rise in Oracle’s fortunes — what the company has been building behind the scenes, the strategy fueling a $291.5 billion surge in its valuation in a single day, and how Ellison’s vision reshaped the tech landscape.Press enter or click to view image in full sizeThe Tit ...

wo[Table_Title] Research Report 10 Sep 2025 中国电子 China (Overseas) Technology [Table_summary] 事件： 营收同比+11%至 149 亿美元（vs Con 150 亿美元），云业务收入+27%至 72 亿美元（vs Con 72 亿美元），其中 OCI 收入+54%至 33 亿美元（vs Con 33 亿美元）。 软件收入 57 亿美元，同比下降 2%，战略型后台应用收入 24 亿美 元，同比增长 16%。运营利润同比+7%至 62 亿美元（vs Con 62 亿美元），运营利润率约 41%。Non-GAAP 净利润同 比+7.7%至 42 亿美元，Non-GAAP EPS 为 1.47 美元，GAAP EPS 为 1.01 美元，受税率高于预期（20.5% vs 指引 19%） 影响，EPS 约减少 0.03 美元。经营性现金流为 81 亿美元（过去四季度合计 215 亿美元，同比增长 13%），但受资 本开支高企（Q1 为 85 亿美元，过去四季度合计 274 亿美元）影响，本季度自由现金流为-3.62 亿美元。 点评 ...

Core Viewpoint - The strategic investment by Kela Software in security chips and the integration of secure databases with security chips addresses critical issues in China's digital security landscape, particularly the reliance on foreign technology and the need for self-sufficiency in key technologies [1][2]. Group 1: Challenges and Necessity - Database security is essential for national security and economic stability, especially in critical infrastructure sectors like finance and energy, yet China faces significant challenges in self-sufficiency and security threats [2]. - The reliance on foreign technologies for financial-grade databases and high-end security chips poses risks, particularly in the event of international tensions [2]. - The collaboration between Kela Software and Dosi Technology aims to address the performance bottlenecks of traditional database protection methods by integrating hardware-level security with database systems [2]. Group 2: Strategic Significance - The partnership is a crucial step in advancing China's information technology application innovation (信创产业), contributing to technological independence and national security [3]. - The integration of secure databases and security chips creates a "soft and hard" defense system, enhancing the protection of critical information infrastructure [4]. - The collaboration aligns with national policies and is likely to attract government support, reducing investment uncertainties [4]. Group 3: Technological Innovation - The innovative aspect of this collaboration lies in the first-time integration of security chips with databases, creating a new paradigm that balances high performance and security [5][6]. - Dosi Technology's reconfigurable logic technology allows for dynamic adaptation to various security scenarios, enhancing the overall efficiency and security of financial transactions [5]. - The collaboration is expected to set new industry standards and support emerging technologies like 6G and the metaverse [6]. Group 4: Industrial Ecosystem - The partnership aims to build a closed-loop ecosystem that covers the entire process from research and development to application, addressing the fragmentation in the industry [7]. - By integrating resources across the supply chain, the collaboration seeks to reduce costs and accelerate commercialization in the financial sector [7]. - The initiative is expected to stimulate the development of related industries, potentially creating a market worth hundreds of billions [7][8]. Group 5: Economic and Social Impact - The domestic production of security chips is projected to reduce deployment costs for secure databases by over 30%, facilitating cloud adoption for small and medium enterprises [9]. - The collaboration represents a significant step in the development of the信创产业, promoting technological self-reliance and enhancing data privacy protections [9]. - The initiative is anticipated to create new job opportunities in the fields of security chips and secure databases, addressing structural employment challenges [9]. Conclusion and Outlook - The collaboration between Kela Software and Dosi Technology not only represents corporate innovation but also embodies national strategic goals, aiming to reshape the global security technology landscape and transition China from a follower to a leader in this domain [10].

Core Viewpoint - The recent listing of Dameng Data on the STAR Market marks a significant milestone for the company and the domestic database industry, highlighting the importance of mastering core database technology for national sovereignty and independence in technology [4][7][34]. Group 1: Company Overview - Dameng Data, led by CEO Feng Yucai, achieved a remarkable debut on June 12, 2024, with a first-day increase of 256.49%, closing at 240.80 CNY per share, giving it a market capitalization of approximately 27 billion CNY [5][7]. - The company reported a revenue of 1.044 billion CNY for 2024, a year-on-year increase of 31.49%, and a net profit of 362 million CNY, up 22.22% from the previous year, with a software product authorization revenue of 894 million CNY and a gross margin of 99.69% [7][8]. Group 2: Industry Context - The database sector is recognized as a critical infrastructure in the digital age, with applications spanning various industries, including finance and telecommunications [7]. - Historically, the database market in China has been dominated by international giants like Oracle, but Dameng Data aims to change this narrative by promoting domestic alternatives and achieving technological independence [7][33]. Group 3: Historical Development - Feng Yucai's journey began in academia, transitioning to entrepreneurship at nearly 60 years old, with a focus on developing a proprietary database management system after recognizing the importance of databases in the global tech landscape [8][18]. - The company faced significant challenges in its early years, including competition from foreign firms and reliance on government funding, but it consistently ranked first in national database evaluations, securing crucial funding for its operations [23][24]. Group 4: Technological Achievements - Dameng Data's development of the CRDS (Chinese Relational Database System) in 1988 marked a pivotal moment, establishing it as the first domestically developed database management system in China [15][16]. - The company successfully transitioned from research to commercialization, becoming a key player in the domestic database market and achieving significant milestones, including partnerships with major state-owned enterprises like the State Grid [32][33]. Group 5: Future Aspirations - Feng Yucai emphasizes the long-term vision for Dameng Data, aiming to establish it as a world-class database provider, despite the challenges of competing against established international players [34].

Group 1 - Oracle's stock price decreased by 5.06% to $236.46 per share, with a trading volume of $2.126 billion and a total market capitalization of $664.177 billion as of August 20 [1] - For the fiscal year ending May 31, 2025, Oracle reported total revenue of $57.399 billion, representing a year-over-year growth of 8.38%, and a net profit attributable to shareholders of $12.443 billion, which is an 18.88% increase compared to the previous year [1] Group 2 - Oracle is scheduled to release its Q1 fiscal year 2025 earnings report on September 8, with the actual disclosure date subject to the company's announcement [2] - The company offers a comprehensive range of products and services that address all aspects of enterprise IT environments, including applications, platforms, and infrastructure [2] - Oracle's cloud products provide fully integrated applications, platform, computing, and storage services, including Software as a Service (SaaS), Platform as a Service (PaaS), and Infrastructure as a Service (IaaS) [2]

Core Insights - The article highlights the rising adoption of domestic databases in China's financial sector, particularly the Huawei Cloud GaussDB database, which has shown superior performance compared to Oracle and other foreign competitors [1][3] - GaussDB is positioned as a fully autonomous, distributed cloud database that supports critical financial operations, demonstrating significant advancements in both technology maturity and security [1][2] Group 1: GaussDB Adoption and Performance - A survey of China's six major state-owned banks reveals that only a small number of business systems currently utilize Oracle databases, while GaussDB is the most widely adopted domestic database [1] - GaussDB has been successfully implemented in key business scenarios across finance, government, and energy sectors, with notable examples including Postal Savings Bank supporting 20 billion transactions daily and ICBC reducing recovery time from 15-30 minutes to 2 minutes [3] Group 2: Technical Advantages of GaussDB - GaussDB features a three-layer pooled transparent multi-write architecture that decouples compute, storage, and caching resources, enhancing performance and resource utilization [2] - The database includes a unique soft-hard collaborative data security protection scheme, achieving the highest security certification (CC EAL4+) [2] - Future enhancements will focus on performance and resource utilization improvements, enabling rapid fault detection and recovery [2] Group 3: Industry Impact and Standards - Huawei Cloud is leading efforts to establish national standards for cloud-native relational database management systems, collaborating with over 20 industry leaders to define core features [3] - The rapid development of domestic software, particularly in cloud computing and databases, is expected to transform China's information industry landscape and promote national technological independence [3]

Core Viewpoint - Oracle's dominance in the Chinese market has led to its eventual exit due to its refusal to adapt and respect local needs, resulting in a backlash from Chinese companies and a shift towards domestic alternatives [1][27]. Group 1: Oracle's Initial Success in China - Oracle entered the Chinese market in 1989, capitalizing on the financial system's information technology wave, quickly becoming the preferred choice for major banks with a 70% market share by 2000 [3][12]. - The company leveraged its advanced relational database technology, which was critical for Chinese financial institutions [3][5]. Group 2: Exploitative Practices - Oracle imposed exorbitant fees on Chinese companies, such as a 20% annual service fee on a 20 million yuan software contract with China Mobile, forcing companies to comply despite the high costs [5][7]. - Instances of punitive measures against companies that did not comply with Oracle's demands, such as fines imposed on China Unicom, highlighted Oracle's aggressive business tactics [7][9]. Group 3: Chinese Companies' Response - The turning point for Chinese companies came in 2008 when Alibaba, facing Oracle's price hikes, decided to develop its own database, OceanBase, which later outperformed Oracle's technology [14][15]. - Other companies like Huawei and Tencent followed suit, creating competitive products that addressed the limitations of Oracle's centralized architecture [19][21]. Group 4: Policy Changes and Market Shift - Government policies mandated a shift towards domestic software, with a requirement for a minimum of 70% procurement of local software, significantly reducing Oracle's market share in key government projects [21][25]. - By 2024, domestic databases captured 80% of the market, while Oracle's share plummeted to 5% [25]. Group 5: Oracle's Decline - Oracle's refusal to acknowledge its declining position led to further isolation, including lawsuits against Chinese tech firms for alleged intellectual property theft [27][30]. - The company's global market share fell to 5% by 2024, with significant losses in key contracts, including a $100 billion cloud computing bid from the U.S. Department of Defense [30][32].