Oracle Targeting Niche Applications
October 25, 2005[From internetnews.com]
NEW YORK -- Oracle (Quote, Chart) is going after the market for in-house software development in an effort to replace corporations' proprietary systems and offer niche applications built on its middleware lines.
During a meeting with financial analysts Monday, Oracle President Chuck Phillips, citing stats from Forrester Research, said applications for smaller verticals represent approximately 38 percent of its available software market opportunity.
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