ORACLE GEARS UP FOR STRONGER CUSTOMER
SUPPORT IN CHINA
Company to Focus on Key Regions
and Industries in FY2004
Hong Kong, June 9, 2003 – Oracle Systems Hong Kong
Limited, a wholly-owned subsidiary of Oracle Corporation, the world's
largest enterprise software company, announced today its newly aligned
organizational structure for China. The company will increase its focus
on key regions and core industries in order to provide stronger support
to enterprise customers in the market.
Under its new business model, effective from its 2004
fiscal year starting June 1, 2003, Oracle China is divided into three
regions. The North China region covers Beijing while the East and West
China region includes the high-growth hub of Shanghai, the Yangtze River
Delta and the vast Western region, focus of increasing investment activity
by the Chinese government as well as domestic and international businesses.
South China and Hong Kong covers the highly- developed Pearl River Delta
region.
Oracle has had offices in each of these regions for
over ten years, and the enhanced regional focus highlights its commitment
to expand and reinforce its existing presence in China, deepen local customer
relationships and service significant new business opportunities in these
key regions.
Each region will be run by Oracle veterans who include
Andrew Hu, currently managing director for Oracle China, who will be the
head of the North China region. David Lee will head the East & West China
region. Lee will also maintain his current role as managing director of
Oracle Taiwan until a suitable candidate is identified. Arics Poon, currently
managing director of Oracle Hong Kong, will head the South China and Hong
Kong region.
“Each of these senior executives brings a wealth
of international and domestic experience which, combined with that of
their local colleagues, will give Oracle an unparalleled ability to provide
IT value to the customers in their regions,” said Loke Soon Choo, regional
managing director, Oracle Greater China.
Parallel to its new regional organization, Oracle will
also increase its focus on key vertical markets in response to the market
demands in China. The target markets include: government; telecommunications,
financial services and manufacturing. Oracle will leverage its teams of
highly experienced professionals within China and elsewhere to support
customers in these sectors.
“China is one of the highest growth markets in the
world. Oracle is more committed than ever to China and the ongoing refinement
of our business model reflects our desire to better serve our customers
in this market and contribute to the economic development of China,”
said Loke. “Oracle will continue to strengthen its organization by
investing significantly in people, products, services and business partners
to better address the increasingly sophisticated needs of our customers
in China.”
He added that this new structure will not only provide
Oracle China with maximum flexibility to focus on the regions and industries
in which its customers conduct their business, it will also improve customer
service and increase the efficiency of the organization, thereby enhancing
its leading position in China.
About Oracle
Oracle is the world's largest enterprise software company. For more information
about Oracle visit our Website at www.oracle.com
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