Oracle Database
Technology giant Oracle said it is witnessing strong demand for its product 'Exadata', which helps companies reduce costs related to data centres, in the Indian market. The company also said that Exadata is the fastest growing product in Oracle's business. Oracle Exadata database machines are designed for data warehousing and transactional processing applications. It includes servers, storage, networking, and software. We are bullish on the Indian market as a driver of growth for Exadata services, Oracle India Vice President (Technology Business) Sheshagiri Anegondi told reporters here. It said it is already seeing strong demand for its Exadata database machines in India. "Exadata started selling in India about a year-and-a-half back and we are witnessing solid traction for the product from across sectors like telecom, FSI, government and manufacturing," he added. On the business strategy for India, he said Oracle will target companies with large database and is aiming to increase customer adoption in th
e country, leveraging their leadership in relational database
management systems market.
Last year,
Oracle had sold more than 1,000 Oracle Exadata database machines globally and
this year it expects to sell more than 2,000 systems in the fiscal year 2012
(Oracle fiscal year is from June to May). Anegondi declined to comment on India
specific numbers. Oracle claims that using the Exadata solution, customers can
reduce IT costs through consolidation, store up to 10 times more data, improve
performance of all applications and database by 10 times. Its customers in
India include Mahindra Satyam, Religare, Reliance Commercial Finance, MTS, Bankof Baroda and Stock Holding Corporation. "Exadata has emerged as our
fastest ramping product in Oracle's business with a growing community of users
and a strong sales pipeline," Anegondi said.
Source:
The Financial Express
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