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press releaseIssue Date18 August 2009Feed for Fujitsu ServicesSocial Bookmarking |
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release detailOracle budgets remain healthy despite economic pressureBut research shows that managers are hesitant to commit to new ways of working London, 18 August 2009 - Research conducted by Fujitsu, a leading IT systems, services and products company, in conjunction with UK Oracle User Group (UKOUG) reveals the effect that the recession is having on Oracle budgets. It also provides insight into the attitudes of Oracle users towards key technology trends and purchasing plans for 2009. The research canvassed the opinions of UKOUG members across the UK and Ireland. Key findings: 2. Oracle users are sceptical as to the benefits of Software-as-a-Service (SaaS) 3. Oracle users are polarised in their attitudes towards the benefits of offshoring This is the first-ever joint survey undertaken by UK Oracle User Group and Fujitsu. Fujitsu is a Global Oracle Partner and provides application managed services to over a quarter of a million Oracle end-users. The purpose of this study is to take a snap shot of the current UK Oracle market and gauge what level of effect the recession is having on users’ budgets. It is designed to be a useful resource for Oracle users, giving them an overview of the current investment and trends in Oracle business applications and technologies. Andy Seferta, head of Oracle Practice Fujitsu comments, “The results indicate that Oracle projects have in fact remained relatively intact despite the tough economic conditions. Although there has been some impact, it has not been anywhere near as extensive as we anticipated it would be. A third of respondents said that they had experienced some kind of budget reduction and just 3.6% said that their budget had been cancelled.” “However, the report does also show a distinct level of caution amongst Oracle users. They are clearly wary of Software-as-a-Service as a delivery model. Despite the ongoing industry hype just 17% are using SaaS and the vast majority have no interest in pursuing a SaaS project for the foreseeable future.” Ronan Miles, UKOUG chairman comments, “It is reassuring to see that Oracle is so well valued that people are looking to protect those budgets above other IT spend. Oracle is bucking the trend and therefore showing its market significance. We are also very pleased to be working with Fujitsu to bring extra value to UKOUG membership with this economic survey.” Julie Cave, finance systems manager, Reading Borough Council concludes, “As an Oracle customer for many years, this survey has been really useful to understand the views of other customers regarding spend, projects and attitudes in what is an interesting marketplace at the moment. The public sector also has pressures as well as the private sector and the proactive approach our key partners, Fujitsu and UKOUG, have taken to research and share this information is much appreciated.” - Ends - Notes to editors: About UK Oracle User Group For more information visit: http://www.ukoug.org/ or contact: info@ukoug.org About Fujitsu Fujitsu UK and Ireland is a leading IT systems, services and products company employing 14,000 people with an annual revenue of £2 billion. Its business is in enabling its customers to realise their objectives by exploiting information technology through its integrated product and service portfolio. This includes consulting, applications, systems integration, managed services and product for customers in the private and public sectors including retail, financial services, telecoms, government, defence and consumer sectors. For more information, please see: uk.fujitsu.com For further information contact: Graham Goulden
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