Wednesday, 19 July 2006

Oracle Fusion Middleware Crosses 1 Bln Milestone

Oracle has announced that revenue for Oracle Fusion Middleware passed the USD 1 billion revenue threshold for fiscal year 2006. During the most recent fourth quarter, Oracle Fusion Middleware license revenue grew 57 percent year over year. For the entire fiscal year, Oracle Fusion Middleware grew 34.5 percent year over year in license revenue.

"We are capturing market share faster than any other player in the industry. Nearly half of our middleware revenue during FY06 came from partners," claims Charles Phillips, President of Oracle.

For FY06, total product revenue, consisting of software license revenues and maintenance revenue, for Oracle Fusion Middleware was more than USD 1 Billion.

Training, education and other services revenue associated with Oracle Fusion Middleware are incremental to this total product revenue. Oracle Fusion Middleware surpassed 31,000 cumulative customers during FY06.