Oracle will announce its next-generation flagship applications suite at a company event next week.
Published:
1 October 2000 y., Sunday
Oracle will announce its next-generation flagship applications suite at a company event next week, which may help spur recently lackluster sales in the company's fastest-growing business.
At the Oracle ORCL OpenWorld 2000 event at the company's headquarters, Chief Executive Larry Ellison is expected to debut new products that could heat up the e-business software rivalry between Oracle and Microsoft - the world's two largest software powers.
The announcement comes just weeks after lower-than-expected application sales in the August quarter took an 8 percent bite out of Oracle's stock. And it comes just days behind Microsoft's rollout of a family of new e-commerce software.
Key for Oracle will be its attempts to market its product as the most reliable suite of software for handling cost-cutting corporate tasks such as online procurement, human resources management and customer relationship management. The new software is expected to be phased in over the next six months.
Oracle's new software - along with increased efforts in sales and marketing -- may help ensure that the company won't disappoint analysts with its application software sales in future quarters. The company's applications business, which drives Oracle's stock valuation, increased sales 42 percent in its August quarter, to $156 million. Larry Ellison, Oracle's chief executive, said the sales gains came at the expense of competitors, especially Microsoft and IBM .
In addition to a planned applications suite update, Oracle plans to unveil a revision of its top-selling software product: the Oracle's 8I database. It's expected to come with improved administration software and better security functions.
Šaltinis:
CBS.MarketWatch.com
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.
The most popular articles
Software company announced new structure_ of it_s business.
more »
The Self-Service and Kiosk Association has published its 2009 Self-Service Consumer Survey, a comprehensive report that reveals what consumers like and dislike about self-service technology — and what they want more of.
more »
Private investors should hold up to 15 percent of their wealth in physical gold, according to a German asset-management company that plans to set up 500 "Gold-To-Go" ATMs in Germany, Switzerland and Austria sometime this year.
more »
ATM and debit card theft is expected to grow 10 percent to 14 percent this year, according to a survey of financial institutions that was released today.
more »
Built from potatoes, steered with carrots and powered by chocolate.
more »
Students at a Tokyo elementary school are waiting quietly for a "special lecturer" in science class. But when they see "Saya", a robot relief teacher, the kids are pleasantly surprised.
more »
This week - the New York Times announced a deal with e-commerce giant Amazon timed to the release of its latest Kindle e-book device.
more »
Wincor Nixdorf AG and NICE Banking, an independent ATM deployer in South Korea, have partnered to grow a network of ATMs at sites owned by the country's top communications provider, Korea Telecom.
more »
“The telecoms package has never been about anything to do with restrictions on the internet,” Malcolm Harbour told us ahead of Parliament's debate Tuesday on the telecoms package, which aims to reform the existing European electronic communications framework.
more »
On 20 April 2009 the Prague Congress Centre will host a ministerial conference Safer Internet for Children, which is organised by the Ministry of the Interior in cooperation with the European Commission.
more »
Payment card breaches in 2008 led to the most compromises and security breaches of record in the last four years, according to a new report from Verizon Business.
more »