Exalytics from Oracle launched for Indian analytics market
Oracle today announced its Engineered Systems driven strategy to strengthen its position in the growing analytics market in India and to help organisations place analytics into the hands of decision-makers faster and more efficiently. Oracle has architected its product Oracle Exalytics to deliver high performance analysis, modelling and planning with reduced deployment complexity and lower total cost of ownership. With Oracle Exalytics, organisations can deliver custom and packaged analytic and performance management applications that run faster, are easier to use, and support more users than ever before.The real-time analysis enabled by Oracle Exalytics allows users to maximise profitability, increase revenues and market share, and react more quickly to changing business conditions. In addition, the solution provides the best platform for business intelligence and enterprise performance applications that scale from workgroups to largest combinations of users, data and analytical complexity.
The engineered system enables customers to complement their dashboard and reporting projects with scenario modeling, planning and forecasting all running in a single environment.This product launch could be in wake of the latest report by Nasscom and CRISIL report, which states that the Indian analytics industry is expected to grow from the current level of $200 million and touch $1 billion by 2015. rapidly evolving technology trends like Big Data, mobility and cloud computing, companies are looking at fast, interactive and insightful analytics to remain ahead of competition.Business analytics is a top priority for CIOs and finance executives as they continue to navigate an uncertain global economy, as well as rapidly evolving technology trends that include Big Data, mobile applications, in-memory analytics and cloud computing.