5
May
2009
Oracle’s recession strategy
Recession is in, and it is now official. US had accepted early this year that recession had creeped in six months ago, something all of us already knew. After the pricing changes introduced by some of the Software bigwigs including Microsoft, it seems Oracle is now ready to play the game.
As per the latest reports, Oracle has complely waived off its Extended support pricing through 2010 and 2011. This has been done for some of the major Oracle product lines including Siebel CRM. This was announce by the Oracle President Charles Phillips at the recent COLLABORATE conference.
You can read the complete news article on yahoo news here.
Seems like the Oracle kind of strategy to tide over the recession.
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