The Oracle Architecture is composed of several layers that work together to provide a robust, scalable database system. At the core is the Oracle Database, which relies on a multi-tiered architecture for storage and management of data. Key components include the Instance, which is made up of memory structures like the System Global Area (SGA) and background processes like the Database Writer. The Database Storage layer handles physical data files, and the User Layer interacts with the system through SQL queries and applications. The architecture is designed to optimize performance, scalability, and security, ensuring data integrity and high availability.