Oracle Sees Strong Customer Momentum Across Key Industries in China in FY07
Oracle Technology, Applications & Support Drive Customer Adoption & Partnerships
ORACLE OPENWORLD ASIA PACIFIC, SHANGHAI, China, August 1, 2007 - Oracle is seeing strong customer momentum as organizations across key industries in China select Oracle solutions - Oracle Applications, Oracle Database and Oracle Fusion Middleware - as the strategic platform for their company-wide IT systems. Across FY07, Oracle experienced continued growth in demand from many industry sectors in China, in particular financial services, insurance, public sector, education, healthcare, communications, utilities, manufacturing, retail, distribution, automotive, travel and transportation, amongst others.
Organizations across growth industries adopted or expanded implementations of Oracle Database, Oracle Fusion Middleware, Oracle Applications - including Oracle E-Business Suite, PeopleSoft, JD Edwards and Siebel solutions, as well as industry-specific applications under the umbrella brands of Oracle Communications, Oracle Retail, Oracle Utilities, and Oracle Financial Services.
Oracle is today the number one enterprise software vendor in a number of key industries across Asia Pacific and in China, such as banking, financial markets, education, communications& media and process manufacturing1.
One of the drivers fuelling Oracle's momentum is the growing demand amongst customers across key industries for a strategic partner that can provide them with innovative, end-to-end business software solutions, with deep industry capabilities. This is key to helping them address business challenges, such as improving business agility, achieving cost efficiencies, and deliver superior customer service.
"Customer growth in China has been very strong this year," said Roger Li, regional managing director, Oracle Greater China. "Across key industries, we are winning more deals as customers increasingly prefer a single vendor who can meet all their needs. Customers today recognize and choose Oracle as their strategic IT partner because we offer a unique combination of the industry's most comprehensive enterprise software stack, innovative industry-specific solutions based on open standards, and first-class, round-the-clock support."
Oracle Customers Reap Positive Results from Leveraging Oracle Solutions
Customers like Huadian Power International, Aviva-Cofco, Sinosteeel Corporation and Midea Group attest to the positive impact that Oracle solutions are bringing to their business. This has helped reinforce the leadership position of these companies within their respective industries.
"Our Oracle-based ERP system has helped us streamline processes and establish sound management and cost control systems. We now have complete control over every aspect of our business," said Zhong Tonglin, Executive Vice General Manager, Huadian Power International Corporation Limited.
"The fierce competition in China's insurance industry has called for Aviva-Cofco to adopt the latest business management applications to improve efficiency and lower costs," said Zhang Wenwei, President, Aviva-Cofco Life Insurance Co., Ltd. "Aviva-Cofco is the first company in China to set up a shared services center. By establishing the financial shared services center with Oracle's applications, Aviva-Cofco has taken an important step towards its goal of becoming a top-class insurance company."
"The implementation of Oracle solutions is a major milestone in our efforts to deploy a modern management system," said Huang Tianwen, President, Sinosteel Corporation. "We introduced cutting-edge applications software from Oracle as the foundation to build a sophisticated information platform to support Sinosteel's global operations. We continue to work with Oracle to improve our informatization practice, as this forms a very important mechanism for the future development of our company."
"We have established an order-driven business model with Oracle Supply Chain Management. This not only helps us to optimize internal business processes, improve collaboration with our vendors and expand to other markets overseas, it also supports our long term business growth plans," said Guang Zhengkuang, Director of Information Technology Management, Midea Group. Midea Group is one of the top electronic home appliances manufacturers in China. Midea Group has an ambitious goal of becoming one of the top five home appliances manufacturers in the world by 2010.
To help meet this increased customer demand, Oracle has made strategic investments to expand its presence and operations across the country. To date, Oracle has established eight new branch offices in Shenyang, Dalian, Nanjing, Jinan, Xi'an, Chongqing, Hangzhou and Fuzhou. These high growth cities present immense market opportunity for Oracle.
Oracle has also expanded the breadth and depth of its industry-specific solutions portfolio, working with leading partners in the Oracle PartnerNetwork in China. Some recent initiatives include:
- Partnering with Beijing Datang Xingzhu Software Technology Co. Ltd. (DTXZ) to promote and implement the Oracle Power Generation Solution. DTXZ, a leading solution and services vendor in the local power industry, has also developed Oracle-based solutions, such as Construction Collaboration Systems and Fuel Management Systems, to meet specific local industry requirements. At the ‘2006 China Power Informatization Summit and Top Informatized Power Enterprises' event, seven organizations that run their operations on joint solutions by DTXZ and Oracle were granted the "Top Informatized Power Enterprises Award". DTXZ and Oracle were also jointly granted the "Excellent ERP Vendor Award".
- Partnering with HelpGo Information Technology Corporation to provide customized enterprise Supply Chain Management (SCM) solutions to the automotive industry. This will provide more choices for the automobile and other related sector companies. Icon customers include ChangAn Automobile Group and its subsidiaries.
- Partnering with HAND Enterprise Solution Co. Ltd - HAND is leveraging Oracle's open IT infrastructure and advanced technology platform and expanding its business from traditional ERP to include the full suite of applications solutions, including Human Capital Management (HCM), Supply Chain Management (SCM) and Customer Relationship Management (CRM). HAND has a strong IT implementation team with extensive consulting service experience in fields of manufacturing, telecommunications and finance in China. HAND was recently recognized as the Oracle Implementation Partner for the Year.
"By working with Oracle, we not only attract and secure more customers, we also improve customer satisfaction," said Frank Fan, CEO, HAND Enterprise Solution Co. Ltd. "By collaborating closely with Oracle, we have achieved significant results, including helping to improve our customers' business operations and growing our consulting services. We have full confidence that we will continue to achieve even greater success moving forward."
Leading Organizations Across Key Industries In China Select Oracle Offerings
Many leading organizations in China selected Oracle Database, Oracle Fusion Middleware and Oracle Applications to improve their business processes, and to help them gain better information and become more competitive. Customers across key industries include: Communications & Media: China Mobile Communications, China Mobile Group Guangdong Co Ltd, China Telecom, Chongqing Telecom Company, Gansu Telecom, Guizhou Telecom, Shanxi Telecom, Sichuan Telecom Company, Virgin Mobile (Shanghai) Ltd, Xinjiang Telecom and Yunnan Telecom
Utilities: Guohua Power Co., Huadian International Power Co., Huaneng International Power Co., Jiangxi Power Grid Co., North China Grid Co., SAC, Yunnan DCS Hydropower Co., and Zhejiang Energy Group Co. Ltd
Financial Services: An Bang Insurance, Aviva-Cofco, Bank of Nanjing, Bo Hai Bank, China Construction Bank, China Insurance, China Reinsurance, Chongqing Commercial Bank, Commercial Bank, Guo Hua Insurance, Hua Tai Insurance, Hua Xia Bank, Industrial Bank, Ningbo City and PingAn Insurance
Government, Education & Healthcare: Beijing Housing Loan Guarantee Center, Beijing Municipal Bureau of Culture and China University of Political Science & Law
Hi-Tech: BBK Electronics, Hangzhou Eastcom, Hi-Tech Control System, Huawei 3com, Intex Optoelectronics, LG Electronics (China), Matsushita Electric (China), Midea Holding, NEC Telecommunications, Shanghai Shenzhen HYT Science & Technology, Sony Ericsson, UT Starcom and ZTE
Industrial Manufacturing: Chevron Holdings, Dongfang Steam Turbine Works, Giti Tire, Guidian Nanjing Automation, Jianshe Group, Nanjiang Aerosun, Shenyang Liming Aero Engine, Shenyang Machine Tool, Tianjin Tiange Textile, Tianzheng Group and Weichai Power
Professional Services: Alibaba, Hisoft Technology and Worksoft Creative Technology
Natural Resources: Andong Oil, Guangdong SYP Glass, Hengyang Valin Steel, Linfen Steel, Shanghai Baosteel Baoshan Steel, Sinosteel, Wuyang Iron & Steel, XianTan Steel, Yuexiu Cement and Zhangjiagang POSCO Stainless Steel
Automotive: ChangAn Automobile, Dongfeng Motor, First Auto Works, Guangzhou Toyota Motor, Jiangling Motor Holding and Shanghai General Motors
Pharmaceuticals/Chemical: Beijing Pharmaceutical, China Paint Manufacturing NICE Group, Wuxi PharmaTech and Yunnan Baiyao Group
Engineering & Construction: China State Construction & Engineering Group, Guangzhou City Construction & Development, Hangxiao Steel Construction and Vanke
Travel & Transportation: Beijing Metro, China Eastern Airline, Guangzhou Baiyun International Airport, Guangzhou Metro, New Times International Transport Services, Shenzhen Shun Feng Express and Travelsky
Consumer Packaged Goods & Retail: Amway (China), Bright Dairy & Food, C&U Group, Changde Tobacco, Inner Mongolia Yili Dairy Group, Longfeng Group, Mary Kay (China), Suzhou DIO Group, TESCO Stores (China) and TsingTao Beer About Oracle
Oracle (NASDAQ: ORCL) is the world's largest enterprise software company. For more information about Oracle visit our Web site at www.oracle.com/hk
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1.Source: IDC Asia/Pacific Semiannual Software Tracker, version May 2007 - Notes: 1. Software revenue in this instance refers to an aggregation of CRM Applications, Business Intelligence Software, ERM Applications, Information and Data Management Software, and Product Supply Chain Applications; 2. Asia/Pacific includes Australia, New Zealand, PRC, Taiwan, Hong Kong, Korea, India, Thailand, Malaysia, and Singapore; 3. Software revenue includes license, maintenance, and other revenues. 4. Statement is in reference to calendar year 2006. Back to Press Release Content |
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