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Technology giant Oracle said it is witnessing strong demand for its product ‘Exadata', which helps companies reduce costs related to data centres, in the Indian market.
The company also said that Exadata is the fastest growing product in Oracle's business.
Oracle Exadata database machines are designed for data warehousing and transactional processing applications. It includes servers, storage, networking, and software.
“We are bullish on the Indian market as a driver of growth for Exadata services,” the Oracle India Vice-President (Technology Business), Mr Sheshagiri Anegondi, told reporters here.
It said it is already seeing strong demand for its Exadata database machines in India.
“Exadata started selling in India about a year-and-a-half back and we are witnessing solid traction for the product from across sectors like telecom, FSI, government and manufacturing,” he added.
On the business strategy for India, he said Oracle will target companies with large database and is aiming to increase customer adoption in the country, leveraging their leadership in relational database management systems market.
Mr Anegondi declined to comment on India specific numbers.
Oracle claims that using the Exadata solution, customers can reduce IT costs through consolidation, store up to 10 times more data, improve performance of all applications and database by 10 times.
Its customers in India include Mahindra Satyam, Religare, Reliance Commercial Finance, MTS, Bank of Baroda and Stock Holding Corporation.
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