Oracle to sell computer hardware for first time
SAN FRANCISCO - Oracle is expanding into the computer hardware business in an effort to make its database software run more efficiently.
CEO Larry Ellison unveiled his company's plans to sell a "database machine" in a Wednesday presentation at an Oracle customer conference that attracted nearly 43,000 people. It marks the first time in Oracle's 31-year history that the company has added hardware to its product line.
The machine, which is being manufactured and maintained by Hewlett-Packard Co., is designed to enable large companies to fetch information stored on databases more quickly. Oracle is the world's largest seller of database software.
Showing posts with label ORACLE. Show all posts
Showing posts with label ORACLE. Show all posts
Wednesday, September 24, 2008
Tuesday, September 23, 2008
Oracle unveils new units, products at OpenWorld
Oracle unveils new units, products at OpenWorld
Deborah Gage, Chronicle Staff Writer
Tuesday, September 23, 2008
Oracle Corp. President Charles Phillips revealed two new business units as well as several new products and product upgrades Monday at OpenWorld,
One of the new units will provide specialized software for insurance companies - billing, claims analysis, policy administration and so on - and was assembled using software from at least four acquisitions, including Siebel and PeopleSoft. The other new business unit will sell software for health care companies.
New products from Oracle include Beehive, a secure online workplace inspired by Lotus Notes that enables customers to share e-mails and calendars and other social networking tools; a portal for online support that lets Oracle recommend software patches and upgrades for customers; and technologies that let customers run some Oracle software from Amazon's data centers - "in the cloud" - rather than inside their own buildings.
All this software "is the transformation of Oracle," said Albert Pang, an analyst at IDC, a market research firm. "They used to be so database- and middleware-centric, but with BEA (the largest of this year's acquisitions) in particular, there are a huge number of customers they can bring in."
The announcements are part of Oracle's plan to retain the confidence of its customers as it continues to gobble up software companies, analysts said.
In the past 44 months, according to Phillips, Oracle has acquired 50 companies. The number of employees at Oracle has more than doubled to 85,000, up from 40,000 five years ago.
"The person who wins in software is the person with a lot of scale," Phillips told an audience of several thousand people in Moscone Center. "Being a leader is a cultural thing for us - we want to win in every market."
Oracle started as a database company, but it has expanded in recent years into middleware, which connects its database to applications, and the applications themselves, making its chief competitor SAP, the German software giant.
Oracle is also working to integrate all of its applications with each other and with software on customers' premises and invests $3 billion per year in research and development, Phillips said.
In each industry where it has software, the company has teams of people who analyze how that industry works and build products to fit. Oracle also offers lifetime support for customers for all the software it owns.
Oracle's challenge will be to persuade customers to keep spending money on software applications as the economy contracts, without raising prices too high, analysts said.
Last week, Oracle reported an 18 percent revenue increase for its first quarter and earnings per share of 29 cents - 2 cents more than analysts expected. But the company also said growth in the sale of new software licenses would slow in the second quarter compared with last year.
Also appearing onstage with Phillips was swimmer Michael Phelps, who won eight gold medals at the Summer Olympics in China. Phillips introduced Phelps as another example of excellence, just like Oracle.
Phelps said all he did was eat, train and sleep but that the hardest thing was getting out of a warm bed in the morning and into a cold pool. "I've never been in front of this many people unless you count TV," he told Phillips.
Deborah Gage, Chronicle Staff Writer
Tuesday, September 23, 2008
Oracle Corp. President Charles Phillips revealed two new business units as well as several new products and product upgrades Monday at OpenWorld,
One of the new units will provide specialized software for insurance companies - billing, claims analysis, policy administration and so on - and was assembled using software from at least four acquisitions, including Siebel and PeopleSoft. The other new business unit will sell software for health care companies.
New products from Oracle include Beehive, a secure online workplace inspired by Lotus Notes that enables customers to share e-mails and calendars and other social networking tools; a portal for online support that lets Oracle recommend software patches and upgrades for customers; and technologies that let customers run some Oracle software from Amazon's data centers - "in the cloud" - rather than inside their own buildings.
All this software "is the transformation of Oracle," said Albert Pang, an analyst at IDC, a market research firm. "They used to be so database- and middleware-centric, but with BEA (the largest of this year's acquisitions) in particular, there are a huge number of customers they can bring in."
The announcements are part of Oracle's plan to retain the confidence of its customers as it continues to gobble up software companies, analysts said.
In the past 44 months, according to Phillips, Oracle has acquired 50 companies. The number of employees at Oracle has more than doubled to 85,000, up from 40,000 five years ago.
"The person who wins in software is the person with a lot of scale," Phillips told an audience of several thousand people in Moscone Center. "Being a leader is a cultural thing for us - we want to win in every market."
Oracle started as a database company, but it has expanded in recent years into middleware, which connects its database to applications, and the applications themselves, making its chief competitor SAP, the German software giant.
Oracle is also working to integrate all of its applications with each other and with software on customers' premises and invests $3 billion per year in research and development, Phillips said.
In each industry where it has software, the company has teams of people who analyze how that industry works and build products to fit. Oracle also offers lifetime support for customers for all the software it owns.
Oracle's challenge will be to persuade customers to keep spending money on software applications as the economy contracts, without raising prices too high, analysts said.
Last week, Oracle reported an 18 percent revenue increase for its first quarter and earnings per share of 29 cents - 2 cents more than analysts expected. But the company also said growth in the sale of new software licenses would slow in the second quarter compared with last year.
Also appearing onstage with Phillips was swimmer Michael Phelps, who won eight gold medals at the Summer Olympics in China. Phillips introduced Phelps as another example of excellence, just like Oracle.
Phelps said all he did was eat, train and sleep but that the hardest thing was getting out of a warm bed in the morning and into a cold pool. "I've never been in front of this many people unless you count TV," he told Phillips.
Monday, September 22, 2008
S&P MAINTAINS STRONG BUY RECOMMENDATION ON SHARES OF ORACLE CORP.
S&P MAINTAINS STRONG BUY RECOMMENDATION ON SHARES OF ORACLE CORP. (ORCL; 18.75):
August-quarter operating EPS of $0.28, vs. $0.21, is $0.02 above our estimate. Sales rose 18% to $5.42 billion, below our $5.45 billion view. New licenses rose 14% to $1.24 billion, $8 million below our outlook. Application licenses fell 12%, on tough comps, while database and middleware licenses rose 27%, helped by $84 million contribution from BEA. Operating margins widened notably, and we think ORCL performed well in a seasonally slow quarter. We continue to expect ORCL to grow faster than peers. We raise our fiscal year 2009 (May) EPS estimate $0.02 to $1.49 and initiate our fiscal year 2010 view at $1.71. We maintain our $25 target price. -Z. Bokhari
August-quarter operating EPS of $0.28, vs. $0.21, is $0.02 above our estimate. Sales rose 18% to $5.42 billion, below our $5.45 billion view. New licenses rose 14% to $1.24 billion, $8 million below our outlook. Application licenses fell 12%, on tough comps, while database and middleware licenses rose 27%, helped by $84 million contribution from BEA. Operating margins widened notably, and we think ORCL performed well in a seasonally slow quarter. We continue to expect ORCL to grow faster than peers. We raise our fiscal year 2009 (May) EPS estimate $0.02 to $1.49 and initiate our fiscal year 2010 view at $1.71. We maintain our $25 target price. -Z. Bokhari
Friday, September 19, 2008
Bend and Stretch...Xynomix to Emphasise Flexibility of Oracle Support
Bend and Stretch...Xynomix to Emphasise Flexibility of Oracle Support
Oracle database management specialists Xynomix are set to highlight the flexibility of their Oracle Database Support offering as part of a new lead marketing campaign.
Nottingham, United Kingdom, September 05, 2008 --(PR.com)-- Xynomix deliver Support, Managed Services and Consultancy to Oracle users, and have selected Oracle Database Support as a primary area of focus in a bid to bolster the number of clients benefitting from the service. The company projects a 20% increase in the value of their client support base by this time next year.Says Xynomix Marketing Executive, Jules Pedersen: "As every database support solution requirement is different, we have decided to re-emphasise the bespoke nature of our solutions. We want clients to envisage Xynomix support as putty...clients can mould it around their systems, or push it into any cracks in their database environment."Re-addressing the perception of support for Oracle database is set to be the first of many changes to the way in which Xynomix delivers its services. There are a number of new technologies in the pipeline that, according to Managing Director, Andy Elcock, are set to "improve the quality of support and revolutionise the way in which that support is administered."Xynomix Information: Xynomix, an Oracle Certified Partner, specialise in the design of bespoke monitoring and management solutions for Oracle databases and Operating Systems. Founded in 2002, Xynomix has experienced consistent growth and can now lay claim to a client base that varies from Oracle estates with a few Database users to corporate environments with multiple databases and thousands of worldwide users.###
Contact Information
XynomixJules Pedersen0845 222 9600julietp@xynomix.comwww.xynomix.com
Oracle database management specialists Xynomix are set to highlight the flexibility of their Oracle Database Support offering as part of a new lead marketing campaign.
Nottingham, United Kingdom, September 05, 2008 --(PR.com)-- Xynomix deliver Support, Managed Services and Consultancy to Oracle users, and have selected Oracle Database Support as a primary area of focus in a bid to bolster the number of clients benefitting from the service. The company projects a 20% increase in the value of their client support base by this time next year.Says Xynomix Marketing Executive, Jules Pedersen: "As every database support solution requirement is different, we have decided to re-emphasise the bespoke nature of our solutions. We want clients to envisage Xynomix support as putty...clients can mould it around their systems, or push it into any cracks in their database environment."Re-addressing the perception of support for Oracle database is set to be the first of many changes to the way in which Xynomix delivers its services. There are a number of new technologies in the pipeline that, according to Managing Director, Andy Elcock, are set to "improve the quality of support and revolutionise the way in which that support is administered."Xynomix Information: Xynomix, an Oracle Certified Partner, specialise in the design of bespoke monitoring and management solutions for Oracle databases and Operating Systems. Founded in 2002, Xynomix has experienced consistent growth and can now lay claim to a client base that varies from Oracle estates with a few Database users to corporate environments with multiple databases and thousands of worldwide users.###
Contact Information
XynomixJules Pedersen0845 222 9600julietp@xynomix.comwww.xynomix.com
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