NETWORK MEMBERS DOWNLOAD OVER 1.3 MILLION COPIES OF ORACLE8I.Oracle Corp. (Nasdaq: ORCL ORCL Oracle (stock symbol) ), Redwood redwood: see sequoia; brazilwood. redwood or sequoia Coniferous evergreen timber tree (Sequoia sempervirens) of the family Taxodiaceae, found in the fog belt of west-coastal North America. Shores, Calif., the largest provider of software for e-business, has announced that analyst firm International Data Corporation (IDC) has determined Oracle is the world's No. 1 vendor in the $11 billion database software market, with growth that outpaced the market as a whole in 1999. IDC also noted that Oracle was primarily responsible for driving growth in the database market, a market that analysts had predicted would see flat or no growth during 1999. IDC based its findings on analysis of vendor financial statements, census interviews and public information. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. IDC, Oracle's share of the 1999 worldwide RDBMS (Relational DataBase Management System) See relational database and DBMS. RDBMS - relational database software market increased to 42.4 percent, more than double the market share of the closest competitor. The release of IDC's worldwide market share results comes on the heels of Oracle's continued double-digit, year-to-year growth in the database market. "This past year, Oracle realized vigorous growth in new database licenses," said Carl Olofson, research director, IDC Information and Data Management Software service. "IDC predicts that as the RDBMS market grows, Oracle will continue to lead it. Oracle(R) database sales have traditionally been strong at the high-end among Fortune 500 companies. We expect that as Oracle continues to simplify its product offerings, it will see vigorous growth for database licenses in the mid-market, especially among ASPs, and at the low-end with initiatives such as the iAppliance and Linux support." More than 17,000 customers have purchased Oracle8i (TM), making it the most rapidly adopted database in Oracle's history. To date, members of the Oracle Technology Network have downloaded more than 1.3 million copies of Oracle8i on which to develop their applications. "Strong database market growth will continue in 2000, driven by the need for more data availability Refers to the degree to which data can be instantly accessed. The term is mostly associated with service levels that are set up either by the internal IT organization or that may be guaranteed by a third party datacenter or storage provider. to Web sites in support of e-commerce e-commerce, commerce conducted over the Internet, most often via the World Wide Web. E-commerce can apply to purchases made through the Web or to business-to-business activities such as inventory transfers. initiatives and an increasing need for more timely business intelligence," said Chuck Rozwat, Oracle executive vice president, Server Technologies. "Oracle is ready: we have architected a database specifically for the Internet Internet Publicly accessible computer network connecting many smaller networks from around the world. It grew out of a U.S. Defense Department program called ARPANET (Advanced Research Projects Agency Network), established in 1969 with connections between computers at the and the demands of e-business." About Oracle Oracle Corporation provides the software that powers the Internet. For more information about Oracle, call 650-506-7000. |
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