Oracle India sees robust growth in Q3

NEW DELHI: Business software major Oracle on Friday said it has posted a robust growth in sales in the third quarter in the Indian market, riding on the strong demand across its products line.

"We had an excellent third quarter. India... is the fourth largest market for Oracle in the region. During the last quarter, we saw high growth across all products line in India - database, middle-ware and applications," Oracle India Managing Director Krishan Dhawan told reporters during an analyst call.

Some of the key deals Oracle won in the third quarter included Shree Cement, LG Electronics, ICICI Prudential life Insurance Company Ltd, Gujarat Electricity Board, BSE, ITC, Amar Ujala and Tube Investments of India Ltd among others.

He said the company has entered some new industry areas including cement, paints, construction, real estate, retail, education and health care.

Oracle already has a significant presence in banking, financial markets, insurance, communication and media, education, process manufacturing.

"We are also the leading vendor in areas such as business intelligence, customer relationship management and human capital management in India apart from our leadership in the database area", Dhawan said.