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The shared server architecture enables a database server to allow many user processes to share very few server processes, so the number of users that can be supported is increased. With shared server, many user processes connect to a dispatcher. The dispatcher directs multiple incoming network session requests to a common queue. An idle shared server process from a shared pool of server processes picks up a request from the queue. This means a small pool of server processes can serve a large number of clients.
Related views:
select * from v$dispatcher
select * from v$dispatcher_config
select * from v$dispatcher_rate
select * from v$queue