Oracle grows applications and pursues Big Data
Posted by Neil Davey in Customer intelligence, Technology on Fri, 23/09/2011 - 01:14
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Market watchers might still be wondering about the prospects for Oracle’s hardware push, but the firm reckons that its traditional applications and database markets are doing quite nicely.
In the quarter just ended Oracle reported applications growth of 23 to $428 million with Europe said to be particularly strong.
Oracle CEO Larry Ellison interprets this in part as a validation in the market for the new generation of Fusion applications which have yet to enter general release.
“We've been working on Fusion Apps for almost 6 years now, and we have about 200 customers using Fusion Apps,” he says. “We're going -- before the end of this calendar year to have general availability on Fusion. We have a number of wins against not only SAP using Fusion, but some of the newer competitors like Workday using Fusion where people has compared our user interface to their user interface, our SaaS offering to their SaaS offering, our Cloud infrastructure to their Cloud infrastructure.
“We think it's very important that we're out in the market now, not only with our traditional applications, which will continue to support for years to come, but also an all new generation of Fusion Applications, something that SAP, our largest applications competitor, doesn't have. We think that, that gives us a huge advantage going forward.”
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