Oracle Fusion Middleware crosses $1 billion milestone  

revenue for Oracle Fusion Middleware passed the $1 billion revenue threshold for financial year 2006, the company said in a statement. During the last quarter of the year, Oracle Fusion Middleware license revenue grew 57 per cent year on year. For the entire fiscal year, Oracle Fusion Middleware grew 34.5 per cent year over year in license revenue.

"Oracle Fusion Middleware is one of our most exciting success stories," Charles Phillips, president of Oracle, said. "Five years ago we weren't in this business. These results prove the strength of Oracle's infrastructure software business and our ability to execute on organic growth.

"We are capturing market share faster than any other player in the industry. Nearly half of our middleware revenue during fiscal year 2006 came from partners, demonstrating the strength of Oracle's middleware product with developers and systems integrators."

Total product revenue (consisting of software license revenues and maintenance revenue) for Oracle Fusion Middleware in fiscal year 2006 was more than $1 billion. Training, education and other services revenue associated with Oracle Fusion Middleware are incremental to this total product revenue.

Oracle Fusion Middleware surpassed 31,000 cumulative customers (excluding Tools) during fiscal year 2006 and was recognised repeatedly for its quality and feature set by independent analysts.

Oracle's comprehensive, standards-based family of middleware products enable customers to adopt and manage service-oriented architectures in heterogeneous computing environments. Oracle Fusion Middleware customers include leading organisations in the financial services, telecommunications, manufacturing, retail, pharmaceuticals, health care and public sector industries.

Oracle Fusion Middleware is also supported by 9,000 partners, including market-leading independent software vendors (ISVs), value added resellers (VARs) and system integrators (SIs). www.oracle.com