Oracle highlights Linux for the year ahead
"We are glad to see that our Asia Pacific performance in 2003 has shrugged off difficulties in the regional business earlier in the year to rebound with a vibrant contribution to Oracle's global performance," said Derek Williams, executive vice president for Oracle Corporation Asia Pacific Division. "The Oracle E-Business Suite and Oracle infrastructure products have both seen excellent uptake from major corporations and institutions across industries in the region."
This endorsement of Oracle solutions sets the prognosis for healthy adoption in 2004 as the forecast resurgence in IT spending unfolds, especially in Asia Pacific. A recent research report from IDC dated December 15, 2003, highlights double-digit growth for the Asia Pacific IT market (excluding Japan) in 2004, particularly China and India. "The region's two largest developing economies China and India are charging forward on the economic front and driving overall regional IT market recovery," said Piyush Singh, Managing Director, IDC Asia Pacific.
Key Industry Sectors Show Enthusiastic Adoption
Many organisations in Asia Pacific adopted or expanded implementations of Oracle E-Business Suite, Oracle Database, Oracle Application Server, Oracle Collaboration Suite and Oracle Real Application Clusters in 2003, particularly in the key industry sectors of government, financial services, telecommunications, manufacturing and distribution, and transportation. While some customers chose to buy individual components of Oracle's portfolio of products and services, others have taken advantage of Oracle's unique capabilities to increase performance and reduce costs through a completely integrated infrastructure.
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