Savvytek wins Oracle EBS reimplementation project of Central Bank of Jordan

Through the USAID-funded SABEQ project, Savvytek has been awarded by Central Bank of Jordan the contract to assess and reimplement the existing Oracle eBusiness Suite Application Implementation.

Savvytek has been awarded this project in conjunction with their business partners, Y-Consult, a leading IT-Business Consulting provider in the region.

The key objective of this project is to support the Central Bank in improvement of their back office operating systems, including the Oracle eBusiness Suite Applications, in means to preserve and maximize its return on the Oracle eBusiness Suite investment. The project addresses technology factors such as the application functionality and technical infrastructure, as well as non-technology factors such as underlying business processes, organizational factors and staff training.

Mohammad Tahboub, President of Savvytek said, 'Savvytek's remarkable success in this project, and similar e-Services implementations through the past year, is recognized as a successful achievement for Savvytek and the IT sector in Jordan.'

Savvytek and Y-Consult have achieved the award through demonstrating high commitment and clear understanding of CBJ requirements. Savvytek committed to provide the CBJ with top notch expertise in the Oracle Applications field, to apply industry best practices in the re implementation process; in order to fulfill the Bank's technical and business goals of maximizing RoI and minimizing the total cost of ownership.

Source: www.ameinfo.com

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IBM Rules Middleware, While Oracle + BEA = Distant No. 2

The worldwide market for middleware totaled $14.1 billion in 2007, a 12.9% increase over the year before, according to a summary of the market published this week by Gartner.

Middleware trails databases as a major enterprise software market, but not by as much as it used to. Databases amounted to an $18.6 billion market in 2007, but at 12.1%, it's not growing as fast as middleware is. Business process management software, portals, business-to-business software, and enterprise service buses are being added to the application servers and application integration software in the category.

The Gartner report said the middleware market is outpacing enterprise software in general. "This technology area has not seen any noticeable signs of slowdown," said Fabrizio Biscotti, Gartner research director.

Oracle announced it was acquiring BEA Systems in January of this year and completed the purchase at the end of April. But Oracle and BEA revenues from last year added together still leave it a distant number two to market leader IBM.

IBM had revenues of $4.1 billion in 2007 for a 28.9% market share, an increase over its 28.3% share of the year before.

BEA Systems occupied the number two spot with revenues of $1.3 billion and 9.3% market share. Its share was down slightly from 9.8% the year before.

Oracle was number three, with $1.2 billion in revenues and 8.5% market share, an increase from 8% the year before. Oracle acquired BEA Systems as a Java middleware supplier. Middleware will be a crucial element of future application-buying decisions, with customer's wanting the middleware most attuned to their applications, Oracle believes.

Sterling Commerce was number four, with $443 million in revenues and 3.1% market share, down from 3.5% the year before.

Microsoft was number five, with $426 million and 3% market share, up from 2.4% the year before, the Gartner report said.

Author: Charles Babcock @ InformationWeek

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Oracle Corporation to Release Q4 2008 Earnings June 25

Oracle will release the fourth quarter earnings for 2008 on Wednesday, June 25 after the market close. A conference call will be held at 5:00 pm ET that evening to discuss the financial results. Interested parties may listen to the call by visiting oracle.com/investor.

Oracle Corporation is an enterprise software company. Oracle develops, manufactures, markets, distributes and services database and middleware software, as well as applications software that help organizations to manage their businesses.

Oracle is organized into two businesses: software and services. These businesses are further divided into five operating segments. Its software business consists of two operating segments, new software licenses, and software license updates and product support. Its services business consists of three operating segments, consulting, On Demand and education.

In April 2007, it announced the availability of Oracle Manufacturing Execution System for Discrete Manufacturing (Oracle MES for Discrete Manufacturing), a application that enables manufacturers to deploy Oracle Applications directly on the shop floor. In September 2007, it acquired Bridgestream, Inc. In December 2007, it acquired Moniforce. In April 2008, Oracle acquired BEA Systems, Inc.

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