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Article: SATYAM, ORACLE TARGET $300 MILLION ENTERPRISE MARKET IN MENA

Article from:
The Hindustan Times
Article date:
November 22, 2005
Copyright

MUMBAI, India, Nov. 22 -- The Bombay Stock Exchange Limited (BSE) made the following corporate announcement:

Satyam Computer Services Ltd., has announced that the strong partnership between the company and Oracle, is enabling companies in the Middle East reap the full benefits of their technological strategies.

The enterprise application software (EAS) is changing businesses in the Middle East and Africa and the EAS market will continue to expand in the region over the next few years. According to Heini Booysen, Programme Manager, Software, IDC MEA Operations, this market will register a compound annual growth rate (CAGR) of 12 percent over the next five years and will be worth around US$ ...

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