Oracles Emerges Leader in Enterprise Solutions

International Data Corporation (IDC) in its’ latest report, titled; Arab Middle East and North Africa (Mena) Enterprise Application Software vendor Share’ has named Oracle as the leaders in Enterprise Application Software vendors.
According to IDC, a premier global provider of market intelligence, advisory services, and events for the information technology, telecommunications, and consumer technology markets, Oracle retained its leading position in the Mena Enterprise Application Software License and Maintenance (EASLM) market with strong year-on-year growth in North Africa’s Maghreb region, Saudi Arabia and United Arab Emirates (UAE).
With L&M revenues of $132.92 million across the region, Oracle’s year-on-year EAS revenue was up by 43.1% in 2007.
Oracle remained the largest EAS vendor in UAE market in 2007, according to IDC, with 44.1% market share and revenues of $49.96 million.
In other Gulf Cooperation Council territories, including Bahrain, Oman, Qatar and Kuwait, Oracle remained leaders with 43% market share and revenues of $30.89 million, according to the report. Furthermore Oracle was ranked second in Egypt in 2007, with EAS revenues of $11.94 million and 35.4% market share.
With a 41.3% market share of the MENA Customer Relationship Management market, IDC ranked Oracle first with a 39.8% year-on-year increase in 2007 to reach revenues of $24.42 million (in a market totalling $59.16 million in 2007, a year-on-year increase of 64%).
Furthermore, revenues relating to Oracle’s Supply Chain Management Applications were up 43.1% year-on-year to reach $9.63 million, leaving Oracle with a 19.1% market share.
The financial services sector was ranked first in the MENA EAS market in 2007, accounting for 17.6% of the total EAS spend in the region.
The manufacturing sector was ranked second on the MENA EAS market in 2007, with 16.5% of total EAS expenditure.
As governments invested heavily in advanced EAS solutions in 2007, the public sector was ranked the third largest market for EAS spending in 2007, with a 13.1% share of the market.
The retail industry was the fourth largest EAS spender in the region, with 12.4% share, followed by discrete manufacturing with 10.2% in 2007.
According to Dhiraj Daryani, research analyst at IDC and author of the report, ‘the EAS market in the Mena region expanded notably in 2007, as spending on software solutions by enterprises and governments increased dramatically. In fact, Oracle performed particularly well in the government, banking, retail and wholesale verticals in 2007, and enjoyed substantial success in the Levant region and Egypt – while continuing its momentum in the remaining Gulf countries.”
“Oracle continues to widen its lead in the EAS market and this report cements our position as leaders in the MENA region,” said Husam Dajani SVP MEA, Oracle.
“With our broad portfolio of applications, we are unique in our ability to meet the very demanding requirements of MENA businesses and their IT environments. As the region continues to grow, we expect further interest from organisations looking to work with Oracle as part of a long-term strategy.” said Dana Murugan, senior marketing director, MEA, Oracle