| Enterprises Believe Service Oriented Architecture Is Essential To Business Efficiency |
| BANGALORE, India, 22 August, 2006 ? Oracle India Private Limited (Oracle India) today revealed that the rate of growth of Indian enterprises adopting grid computing technology is faster than enterprises in the US, Europe and in the Asia Pacific region. According to Oracle® Grid Index IV report released here today, India witnessed one of the sharpest increases in the grid adoption index11 Adoption Lifecycle Index is an indicator of the degree to which interest and intention are being turned into tangible action globally. |
| At 38 per cent increase, the high grid adoption rate implies the readiness and maturity of Indian enterprises to invest in modern, flexible and dynamic information technology infrastructure and commercial grid computing. Conducted among leading enterprises in India, the research findings showed that 45% of respondents believed that grid-based IT infrastructure is inevitable and an equal number envisaged it to become the future of IT infrastructure which will be able to support multiple lines of businesses across an organization. |
| "Indian organizations have become part of a complex global supply chain. Their profitability depends on innovative use of information technology," said Mr. SPS Grover, Vice President ? Sales, Oracle India. "Oracle® Grid Index IV clearly reflects the increasing use of leading technology such as Grid Computing and Service Orientated Architecture, by Indian enterprises." |
| The Oracle® Grid Index charts the global adoption of grid computing and analysis related technological issues and their implications for the business world. Conducted by an independent European firm, Quocirca, the research reveals that grid computing continues to be a maturing technology and highlights the rise of Service Oriented Architecture (SOA) in maximizing the business benefits of information technology. Indian companies showed a strong desire to move to SOA. Over 50% of the Indian enterprises said they are actively moving closer to or have already moved to an SOA infrastructure. However over 40% of Indian respondents think that it will be difficult for them to move over to SOA from their existing IT infrastructure. |
| Saraswat Bank On the path to Grid Computing Saraswat Bank is Asia's largest cooperative bank and has 86 branches in five Indian states with partnerships with more than 118 banks in 43 countries. As part of its continued commitment to improve customer service and productivity, it was critical for the bank to evaluate enterprise grid computing technology. |
| "Running our core banking application on the grid-enabled Oracle 10g platform guarantees high performance, 24/7 availability, and easy scalability," said Mr. Yusuf Lanewala, Consultant, IT Strategies, Saraswat Bank. "It has helped lower costs, boost productivity, and improve customer service at the bank." |
| Grid Computing Matures And Readies Itself For The Mainstream The fundamental research conducted is dedicated to mapping the world's journey to Grid Computing. At a global level, measured on a scale of 0 to 10, the Oracle Grid Index has risen to 5.4 from its previous value, in November 2005, of 5.2. All of the underlying indices making up the overall Grid Index Foundation Readiness, Knowledge & Interest and Adoption Lifecycle show steady increases in virtually all geographies. Analysis of the Grid Index numbers over its previous three cycles reveal a pattern of maturing technology in the process of crossing the chasm between early adopters and mainstream use. |
| About the Oracle® Grid Index The Oracle® Grid Index is designed to map global progress on the journey towards Grid Computing. On behalf of Oracle, Quocirca carries out regular research, selecting and polling over one thousand organizations around the world on their knowledge of, attitude towards and adoption of Grid Computing. Respondents within each organization are senior decision makers working in lines of business (business respondents) or in the IT function (IT respondents). Numeric data, derived from the answers, gives a single number from 0 to 10 ? the Oracle Grid Index. The overall Oracle Grid Index is aggregated from three sub-indices which show preparedness ("Foundation Readiness Index"), awareness ("Knowledge and Interest Index" and adoption ("Adoption Lifecycle Index"). |
| The research is repeated twice-yearly to establish trend information. This announcement is about the fourth cycle of research. Apart from Grid Computing questions, Oracle uses the opportunity to ask respondents questions on related topics. In the case of the fourth cycle, the main topic was Service-Oriented Architectures (SOA). |
| Quocirca conducted 1466 interviews with senior IT influencers and |
| Decision makers that was completed in April 2006. 179 of these were conducted in the USA, 721 in Europe and the remaining 566 in Asia Pacific. Respondents were from a mixture of large multinationals and medium to large national organizations across a broad cross section of industry sectors. |
| About Oracle India Oracle India Private Ltd (Oracle India), a subsidiary of Oracle Corporation, the world's largest enterprise software company, was established in 1993. Oracle was one of the first international software companies to set up an India Development Centre in 1994. Today, Oracle's two India Development Centres, at Bangalore and Hyderabad, work closely with Oracle's global software development team, headquartered at Redwood Shores, California, on the entire Oracle product family. India is also a hub for several of Oracle's global support, consulting and financial services operations. Through its offices in the six metro and 17 non-metro cities in India, and an extensive network of more than 400 channel and alliance partners under the Oracle PartnerNetwork, Oracle India markets the complete range of Oracle products and services across India. Oracle products are supported on 13 major Indian languages. Oracle India has more than 6,500 customers in the telecommunications, banking, insurance, manufacturing and utilities industries, across the government and private sector. Oracle India is a major partner for E-Governance initiatives of Central and State Government bodies in India. The Oracle-HP E-Governance Centre of Excellence is located at Oracle India's head office in Gurgaon, near New Delhi. |
| About Oracle Oracle (NASDAQ: ORCL) is the world's largest enterprise software company. For more information about Oracle, visit our Web site at https://bsmedia.business-standard.comwww.oracle.com/. |
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