Satyam forms strategic alliance in Asia Pacific with Oracle

Hyderabad, May 29 (UNI) Information Technology Services company Satyam Computer Services Ltd and Oracle Asia Pacific today announced a strategic alliance that will help enterprises in the Asia Pacific (APAC) region jumpstart business intelligence (BI) Implementation.

''The alliance is strategic, giving APAC companies' increasing willingness to leverage BI solutions.'' According to an industry analyst, the Asia Pacific BI platform market is growing at a compound annual growth rate of 15.6 per cent, based on software revenues from 2006 to 2011, and will reach USD 624 million by 2011.

iDecisions, Satyam BI accelerator, will become the first major application to be ported to Oracle's Business Intelligence Suite Enterprise Edition (BIEE), a comprehensive, hot-pluggable, standards-based BI platform. The combined solution will be available for multiple verticals, telecommunications, and insurance, the company said in a release here.

UNI