Oracle named top telco OSS vendor for 2008

Oracle, the world's largest enterprise software company, recently received the Telecom OSS Vendor of the Year award at the 5th Frost & Sullivan Asia Pacific ICT Awards ceremony in Singapore held last May 23.

Oracle's OSS solutions were cited for topping the judges' criteria on revenue and revenue growth, portfolio diversity, major wins and key achievements. The company's OSS solutions currently automate the order-to activate provisioning cycle by integrating key service fulfillment processes, including back office order orchestration, network and service inventory management, network intelligence, service activation and configuration management.

Aside from Oracle, telecommunications provider Ericsson Mobile and mobile handset provider Nokia won awards for Wireless Infrastructure Vendor of the Year and Mobile Handset Vendor of the Year.

The list of winners are as follows:

Enterprise Vendor Awards

Contact Center Applications Vendor of the Year - Avaya
Network Security Vendor of the Year - Check Point Software Technologies Ltd
Application Networking Vendor of the Year - F5 Networks
Business Intelligence Vendor of the Year - SAS
Conferencing Service Provider of the Year - InterCall
Contact Center Outsourcing Vendor of the Year - IBM Daksh
Enterprise Telephony Vendor of the Year - Avaya

Telecom Vendor Awards

NGN Infrastructure Vendor of the Year - Alcatel-Lucent
Broadband Equipment Vendor of the Year - Huawei Technologies
Telecom BSS Vendor of the Year - Comverse

Telecom OSS Vendor of the Year - Oracle Communications
Optical Vendor of the Year - Alcatel-Lucent
Wireless Infrastructure Vendor of the Year - Ericsson
Mobile Handset Vendor of the Year - Nokia

Service Provider Awards

Mobile Content Developer of the Year - Faith Inc
Satellite Communications Service Provider of the Year - IntelSat
Data Communications Service Provider of the Year - BT
Broadband Service Provider of the Year - Nippon Telegraph and Telephone Corporation
Next Generation Network Service Provider of the Year - Chunghwa Telecom Co., Ltd.
Emerging Market Service Provider of the Year - Ufone
Competitive Service Provider of the Year - StarHub
Wireless Data Service Provider of the Year - Telstra
Wireless Service Provider of the Year - Bharti Airtel

Best of the Best

Most Promising Innovative Application/Product of the Year - Gifticon by SK Telecom
Most Promising Vendor of the Year - Blue Coat Systems
Most Promising Service Provider of the Year - Bakrie Telecom
Vendor of the Year - Huawei Technologies
Service Provider of the Year - China Mobile
CEO of the Year: Service Provider - Mr. Solomon D. Trujillo, Telstra

Source: http://www.abs-cbnnews.com

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SAP CFO sees no out-of-court settlement with Oracle

The chief financial officer of business software maker SAP does not believe an out of court settlement with Oracle is likely at present, he told German Sunday weekly Euro am Sonntag.

"That is a possibility that we never ruled out, but for the moment it is not an issue. There are no talks over and above the regular court proceedings," Werner Brandt said.

Oracle had filed a lawsuit against SAP in March 2007, accusing it of corporate theft and copyright infringement.

The two are bitter rivals in the battle to supply customers with software to automate, integrate and manage everything from human resources to accounting.

When asked about the company's outlook, Brandt said he continues to expect an adjusted operating margin of 35 percent in the mid-term.

"I see no reason why we cannot generate 100 basis points of additional margin annually in the coming years, and even slightly more if business is good," he said.

For 2008, SAP expects its non-GAAP operating margin at constant currencies, which excludes a non-recurring deferred support revenue writedown from the acquisition of Business Objects and acquisition-related charges, to be in the range of between 28.5 and 29.0 percent.

Brandt also forecast organic growth in software and other software-related service revenue, which doesn't include maintenance sales, would be a clear two-digit percentage figure on average in the coming years.

By comparison, the company has said this would rise by 12-14 percent in 2008, when the contribution from the acquisition of Business Objects is stripped out.

Source: (Reporting by Christiaan Hetzner; editing by Elaine Hardcastle @ www.forbes.com)

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Dubai World deploys largest Oracle installation

Dubai World is currently rolling out Oracle Hyperion Financial Management software to more than 300 users across 150 legal entities in a bid to strengthen its corporate governance and regulatory compliance processes.

The new software deployment, which is the largest installation of Oracle’s Hyperion solutions in the wider Middle East region, will enable the finance departments of various Dubai World companies to accelerate and enhance their reporting status, analyse financial growth, and develop a single instance of financial reporting across their organisations.

“Robust corporate governance, accurate and swift financial reporting, and rapid compliance with changing regulatory frameworks are key elements of Dubai World’s growth strategy as a global company, and our new Oracle Hyperion Financial Management system is a critical tool to achieving these aims,” said Maryam Sharaf, group chief financial Office, Dubai World.

The Hyperion Financial Management software selected by Dubai World is a comprehensive, Web-based financial software application that delivers global collection reporting and analysis in a single, highly scalable offering.

While the software utilises the most advanced technology currently available in the market, its user-friendly interface and financial reporting tools enable it to be owned and maintained by Dubai World’s Corporate Finance team together with its Information Technology Center which provides hosting services, said a top Oracle official.

"We anticipate that Hyperion Financial Management will enable Dubai World to reduce its financial consolidation timeline by half by automating and streamlining its closing and analysis processes,” said Arun Khehar, vice president, RPM Industries, Oracle.

“This type of system also helps customers like Dubai World identify new sources of profitability while cutting down on the operating costs of its finance departments, and these benefits can be significant to a growing global brand with multiple overseas subsidiaries,” he added.

One of the fundamental benefits that Dubai World expects to derive from using Hyperion Financial Management is a ‘single version of truth’ in the reporting of its financial results across a diversity of subsidiaries, Khehar explained.

Rather than relying on spreadsheets or custom-made reporting solutions, the new software can integrate information from multiple systems and companies within Dubai World and provide a single and centralized view of the company’s finances.

This latest software deployment was managed in partnership with Paragon Middle East.

Dubai World plans to extend the Oracle Hyperion solution to its subsidiaries in Europe, Africa and the US within the year, said Sharaf.

Source: www.tradearabia.com

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