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Krishan Dhawan |
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The winds blew in the right direction again for Oracle. The last fiscal saw
the company continue its robust growth, with an expanding customer base. The
strategy for the year included acquisitions, change in organizational focus and
innovation to reach out to newer segments, while the success in existing
segments were strengthened.
Krishan Dhawan was appointed the new MD of Oracle India, after Shekhar
Dasgupta's exit. Dhawan has more than 25 years of experience in the field of
financial services and the IT enabled services sector.
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Oracle, in FY 2004-05, was the story of acquisitions-with PeopleSoft being
the most talked about. It also gave the company significant product strength and
controlled base. Integration of operations of Oracle and PeopleSoft in India was
completed in June. Oracle has 6,000 database and 400 application customers in
India. Of the latter, 125 come to Oracle from PeopleSoft and JD Edwards. The
acquisition brought large clients like PNB, Union Bank of India and InterGold;
it also enabled Oracle to cross-sell both Oracle and PeopleSoft products to
customers.
Oracle has also acquired two development centers run by independent vendors
Hexaware and Covansys, under a build-operate-transfer (BOT) clause.
In the APAC region, as well as India, Oracle, for the first time, created
specialized teams for applications, technology and the three industries of FSI,
telecom and government. All these three segments gained momentum in the year,
with maximum gains in the applications market. There are further plans to
increase focus on the new areas of BPO and clinical testing for Pharma
companies.
Last fiscal also saw an uptake in Oracle mid-market offerings in India.
Oracle India's future plans include developing an enterprise suite under its
Project Fusion initiative, which would pack the best features and usability of
products from Oracle, PeopleSoft and JD Edwards, and would be available in
2007-08.
Last fiscal also saw Oracle going live with Hindalco, Taj Hotels and Exide
projects and customer wins included GECIS, Gujarat Electricity Board, UTI Bank,
Mother Dairy, Jindal Vijaynagar Steel and Tata Teleservices.