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India Wire Oracle Asia Pacific & Japan revenues cross $2 billion
India Wire Oracle Asia Pacific & Japan revenues cross $2 billion | Oracle Asia Pacific & Japan revenues cross $2 billion |
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| by Sufia Tippu | |
| Wednesday, 05 July 2006 | |
  
 An increase in customers has pushed Oracle to chalk up a record $2 billion in total revenues from the Asia Pacific and Japan region in FY 2006, an 18% increase over previous year.New license revenues from applications in JAPAC grew 69% while database and middleware new license revenues grew 13% for the full year over FY05. JAPAC accounted for about 14% of total revenues worldwide and 19% of total new license revenues worldwide. "In the last quarter of FY06, we delivered significant revenue growth across virtually all product lines and geographies. We are growing faster than the competition and rapidly winning market share,” said Derek Williams, chairman and & executive vice president, Oracle Asia Pacific & Japan. "Clearly, we are giving our customers what they want: open, flexible and standards-based software that drive business agility, insights and ultimately -- growth and stockholder value," Williams added. In India, although Oracle has been present for over 15 years, it is today gaining in strategic importance to Oracle’s global operations. “India continues to steadily move up the ranks of countries in the APAC region. Going forward we will continue to further enable Indian businesses, including the mid-market segment, as they compete in a global market place,” Williams said. Oracle continued to lead the database market and its relational database management systems (RDBMS) have increased their market share and growth in Asia Pacific, excluding Japan. According to IDC, Oracle’s license and maintenance revenues had a 47% share in the APAC RDBMS software market in the calendar year 2005, almost double the market share of its nearest competitor. In India, IDC reported that Oracle captured 72% of the database market, with a 79% year-on-year growth. While its global middleware market has also been steadily growing, it has attained the top position in customer relationship management (CRM) applications globally with the completion of its Siebel acquisition in FY06. In APAC, according to analyst firms, Oracle is number one in CRM with 17% market share. Today, with more than 25,000 customers across Asia Pacific, excluding Japan, Oracle is continuing to invest in key business initiatives such as expansion into 33 non-metro cities across China and India to capture new market opportunities, promote growth in the local economies and accelerate development of the local software industry. It has added 490 new partners during FY06, taking the total to 2,120 across the Asia Pacific region, excluding Japan. It has increased customer support in APAC with the establishment of an Oracle global support center in Dalian, a Northeastern city in China. As one of 18 Oracle Global Support Centers worldwide, the Dalian facility will serve as a multi-lingual service desk to provide local-language technical assistance to Oracle customers in mainland China, Korea, and Japan. {moscomment} |
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