Oracle India Q3 growth

Oracle India Q3 growth
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First Published: Fri, Mar 30 2007. 03 50 PM IST
Updated: Fri, Mar 30 2007. 03 50 PM IST
PTI
New Delhi: Business software major Oracle said on 30 March it has posted a robust growth in sales in the third quarter in the Indian market, riding on the strong demand across its products line.
“We had an excellent third quarter. India is the fourth largest market for Oracle. During the last quarter, we saw high growth across all products line in India - database, middle-ware and applications,” said Oracle India managing director Krishan Dhawan.
key deals won by Oracle in the third quarter include Shree Cement, LG Electronics, ICICI Prudential life Insurance Company Ltd, Gujarat Electricity Board, BSE, ITC, Amar Ujala and Tube Investments of India Ltd among others.
He said the company has entered some new industry areas including cement, paints, construction, real estate, retail, education and health care.
Oracle already has a significant presence in banking, financial markets, insurance, communication and media, education, process manufacturing.
“We are also the leading vendor in areas such as business intelligence, customer relationship management and human capital management in India apart from our leadership in the database area”, Dhawan said.
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First Published: Fri, Mar 30 2007. 03 50 PM IST