Project #4 Acquisition Risk Analysis on Oracle Corporation.docx

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Running head: ACQUISITION RISK ANALYSIS ON ORACLE CORPORATION1Project #4: Acquisition Risk Analysis on Oracle CorporationMichael TurnerUniversity of Maryland University College
ACQUISITION RISK ANALYSIS ON ORACLE CORPORATION 2Project #4: Acquisition Risk Analysis on Oracle CorporationOracle Corporation is a global business located in Redwood Shores, California. The business was started by Mr. Ellison, Mr. Miner, and Mr. Oates in 1977. The company started under the name of Software Development Laboratories. It was renamed Relational Software Inc.in 1982 and then Oracle Systems Corporation from in 1995 (Hall, 2019). Its products comprise of cloud-based and on-premises software as well as hardware and service businesses. The volume shares of the company in 2015 were approximately 21,559,081 with quarterly revenue of $38.2 billion. The company can be found in 175 countries where it has a customer base of 430 customers. It has 25 00 partners and 25 000 employees (Hall, 2019). Oracle Corporation must ensure for the reduction of risks that occur through the provision of a streamlined platform that integrates all necessary data from companies to create a compressed or integrated system (Pavao, n.d.).Every business that is a part of the technology business must have a risk mitigation strategy regardless of the fact that such strategies are expensive. Oracle is prone to such risks as it operates in that industry. To combat the risk, Oracle has made use of the latest solutions in cyber-security such as Blockchain, Hybrid Identity Management, and Behavioral Authentication (Oracle Corporate Security Practices, 2019).The use of the newest innovations in the industry is an important part of Oracle risk strategy practice. These cyber-security solutions are there because without them as a supplier of such products and services they would be unable to protect themselves. This translates into low market confidence in their services and products. This will result in poor profits (Oracle Risk management, 2019). The Role of Standards and Governance Processes in Meeting Buyer SecurityRequirements
ACQUISITION RISK ANALYSIS ON ORACLE CORPORATION 3Every industry needs standards and governance processes from which the participants of that industry and their clients can refer to. The reason for them in the cyber-security industry is tomake sure that security of IT systems, networks, and the assets of the industry are protected and of the highest quality (NIST, 2019). When a supplier of cyber-security adheres to the standards and governance processes of the industry it means the products and services they offer meet the security requirements of the buyer. Therefore, when a product or service meets industry standards both functional and assurance requirements within the product or service have been met. These standards and governance processes cover a wide range of issues in the cyber-security industry (NIST, 2019).

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Term
Fall
Professor
NoProfessor
Tags
Oracle Corporation, Operational risk

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