Oracle targets retail, communications for growth

21 February 2007

According to Mark Gibbs, senior vice president, Oracle, "Keeping the developing retail in India in view the company is in talks with all the big players in the sector in India."

Asked if it was expecting business from Wal-Mart in India, Gibbs said, "The expanding retail sector in India is very important for us. We are targeting it as an industry. We are comfortable about the retail sector in the country. We have all the expertise and technology."

Oracle already has Vodafone and Bharti as its customers.

"Gibbs also said that the financial and communications sectors were also booming in India. "We have almost all the players in the sector as our customers," he added.

"We are releasing five significantly enhanced product families. We are giving our customers the choice as to when they upgrade without having to re-license their applications," Gibbs said.

Oracle has in all released 39 new products under its five product lines — Oracle e-business suite, Siebel CRM 8, PeopleSoft Enterprise, JD Eswards World and JD Edwards Enterpriseone — which provide next-generation, role-based analytics, comprehensive application management, integration, search and master data management, he said.