Oracle is a multinational corporation specializing in enterprise software, database technology, and software and cloud-based systems. The company offers EAM solutions in over 145 countries across Americas, EMEA, and APAC. The company provides solutions catering to three segments of the cloud – Information-as-a-Service (IaaS), Platform-as-a-Service (PaaS), and SaaS. This allows Oracle to provide complete end-to-end business solutions, with Microsoft being the only other company doing so. The Oracle E-Business suite integrates with Oracle Manufacturing, Oracle Purchasing, Oracle Property Management, Oracle Quality, Oracle Inventory, Oracle Human Resources, Oracle Financials, Oracle Fixed Assets, and Oracle Projects to enable the strategic monitoring of enterprise resources. The company continuously introduces new and innovative services to support its existing portfolio of solutions. In 2015, 49% of Oracle’s revenue was generated from product support services and software updates. Oracle Corporation focuses on inorganic growth strategies such mergers & acquisitions and partnerships to enhance its products and services, expand its customer base, and accelerate growth and innovations. In 2016, the company spent 16% of its annual revenue on R&D activities to maintain and improve its current product and services offerings and to attend to new business asset management needs.