Monday, August 11, 2008

ORACLE UPBEAT ON RECENT LAUNCH

Mumbai, August 11, 2008
Business Standard
Oracle expects a good growth from its recently-launched Enterprise Performance Management (EPM) in the Indian market over the next two years, a senior company official said. "We are looking at an aggressive growth from our EPM-business intelligence (BI) solutions," Oracle India's General Manager for EPM and Business Intelligence, George Varghese, told PTI here. Most of this growth would come from high-end companies, Varghese said, adding, "These companies have already achieved operational efficiency and are now moving towards achieving management excellence."

Termed as the industry's most comprehensive and fully-integrated suite of EPM solutions, the system helps organisations extend operational excellence and achieve management excellence. Telecom, financial services (mainly banking institutions), retail and manufacturing are some of the major sectors from where growth is expected, Varghese said. He, however, declined to give any numbers or the percentage of growth that Oracle was targetting.

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