"We are pleased to see more and more customers implementing the Oracle E-Business Suite in the Asia Pacific region," said Dennis Jolluck, vice president of Product Operations for the Oracle Asia Pacific Division. "With Asia Pacific localization, language, and country payroll and industry functionality all available and implemented in one single global instance, we are able to deliver a quality product and go to market much faster today. Our consulting and partner state of readiness have also contributed to the acceptance and tremendous success of the Oracle E-Business Suite 11i in the region."

Representing a wide range of industries, customers in the Asia Pacific region using the Oracle(r) E-Business Suite include ASG Ltd (Amcon Solutions Group); Department of Human Services Victoria Government; Department of Infrastructure Victoria Government; Department of Internal Affairs of New Zealand; Department of Natural Resources and Environment Victoria Government; Environment Waikato; Eurest Australia; Fosters Brewing Group; Jebsen & Company; Kellogg (Aust.) Pty. Ltd; LG.Philips LCD; the Ministry of Education of New Zealand; National Bank of New Zealand; National Institute of Water and Atmospheric Research; Parks Victoria (Victoria Government); POSCO; ResMed Ltd.; Queensland Investment Corporation; Sunny Queen Ltd.; Telecom New Zealand; TransGrid; University of Canterbury; Victoria University of Wellington; Westpac Banking Corp. and Waitemata District Health Board.

LG.Philips LCD
"The Oracle E-Business Suite makes it possible to integrate the management of our domestic and overseas business sites," said Joon Tae Seo, chief information officer for LG.Philips LCD. "All systems - sales, accounting, manufacturing - in all business sites in Korea and abroad are fully integrated with a consolidated database. The Oracle E-Business Suite was the core of the success of LG.Philips LCD's project."

LG.Philips LCD currently processes its business year-end closings globally within 2.5 days and is targeting two days by the end of 2002. Additionally, LG.Philips LCD management expects to improve the average profit rate by 30 percent, reduce inventory by 40 percent, decrease credit revenue by 20 percent, cut purchasing costs by 15 percent, lower manufacturing costs by 15 percent, reduce order cycle times by 40 percent, increase business productivity by 15 percent, and decrease facility maintenance costs by 10 percent. LG.Philips LCD is the world's number one supplier to the monitor module market and the number two vendor in the notebook monitor sector.

POSCO
"By simplifying and integrating our business processes using the Oracle E-Business Suite, we've experienced a number of business benefits including reducing product delivery time by 30 days to 14 days, shortening budgeting time from 110 days to 30 days and reducing month-end closing time to one day," said Ryoo Kyeong Ryul, chief information officer for POSCO. "We basically redesigned the entire organization and its business processes to help reduce redundancies, increase business efficiency and maximize corporate value."

The need for a new global standard was the major driver, leading POSCO to implement the Oracle E-Business Suite, including Oracle Financials, Oracle Human Resources, Oracle Manufacturing, Oracle Projects, and Oracle Customer Relationship Management (CRM) Applications. Oracle Consulting worked with PriceWaterhouseCoopers to complete POSCO's Oracle implementation. POSCO is the world's largest steel manufacturer.

Westpac Banking Corporation
"The Oracle E-Business Suite has played a significant role in managing and handling the bank's high volume of financial transactions," said Warren Dunne, head of Financial Systems for Westpac Bank. "Because Oracle General Ledger is scalable and flexible, we can account for all of the bank's operations using a single chart of accounts, ultimately providing us with additional information needed for decision-making and removing the necessity for expensive reconciliation processes."

Using the Oracle E-Business Suite, Westpac consolidated multiple general ledger accounts to one single view that is available to the entire organization. The consolidation has facilitated quicker reporting to the executive team, allowing for value-added analysis rather than static historical reporting. Oracle Consulting worked closely with Westpac to help the bank complete its upgrade to the Oracle E-Business Suite 11i. Founded in 1811, Westpac is Australia's oldest financial institution.

Customers using the Oracle E-Business Suite in other areas of the world include Agility Communications, Inc.; British American Group; Braathens ASA; Celox Networks, Inc.; Commercial Net Lease Realty, Inc. (CNLR); Emarat; Empirix Corporation; Galgon Industries, Inc., Inter-Tel, John I. Haas, Inc.; McDATA Corporation, Michaels Stores, Inc.; Ocado; and United Asset Coverage.

Oracle E-Business Suite
To date, more than 1,500 companies are live on the Oracle E-Business Suite, the industry's first integrated suite of Internet business applications that automates critical business processes across both front- and back-office operations. The Oracle E-Business Suite can streamline every area of a business - marketing, sales, service, contracts, order management, product design, procurement, supply chain, manufacturing, financials, projects, human resources and professional services automation.

Since its initial introduction, Oracle has delivered several releases of Oracle E-Business Suite enhancements, resulting in a mature, function-rich set of applications. The Oracle E-Business Suite also offers customers unprecedented choice and flexibility in implementing business applications; its open architecture and single data model allow applications to be deployed as individual modules, business flows, or as an entire integrated suite. The Oracle E-Business Suite is offered as traditional software on CD-ROMs or as an outsourced service.

About Oracle
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