Date:21/04/2005 URL: http://www.thehindubusinessline.com/2005/04/21/stories/2005042101200500.htm

Back Oracle eyes mid-segment

Our Bureau

Kolkata , April 20

ORACLE India Pvt Ltd has identified the mid-market segment as a major thrust area for its database offerings, according to Mr Arunava Dutta, Director of Technology Sales, Oracle India Pvt Ltd.

Addressing a press conference here, Mr Dutta said there were 46,000 companies in the mid-market segment whose average turnover was in the Rs 300-350 crore range. Each of these companies, on an average, engages 1,000 employees and spends three per cent of its turnover on their IT requirements. As such, the database applications requirement of the mid-market segment in India was huge.