"Today, just about every major Internet site in the world uses Oracle," said Lawrence J. Ellison, Chairman and Chief Executive Officer. "In Q3 alone, America Online, eBay, Excite, Infoseek, and Yahoo!, plus many others, increased their commitment to Oracle. With the recent release of Oracle8i, our competitive position is even better. The growth of our database business will continue to be driven by the growth of the Internet.
"Our application business growth will be heavily influenced by next month's delivery of the Internet version of Oracle's Customer Relationship Management suite called CRM 3i. Oracle CRM 3i is the only front office solution that integrates all aspects of selling: field sales, telesales and the e-store," continued Ellison. "Our field sales and telesales products, and of course our e-store, are 100% pure Internet technology. Other CRM vendors' field sales and telesales products use older client-server technology, and they have no e-store." |