Pune, July 17, 1998

Centre for Development of Advanced Computing (C-DAC), a national initiative to develop supercomputing technology and Oracle (India), Indian subsidiary of Oracle Corporation, USA, jointly announced, here, the formation of strategic alliance between the two to provide state-of-the-art solutions on Business Computing Applications deploying advanced computing technologies such as Data Warehousing and Multilingual Information Technologies. According to the MoU signed between the two organizations a Centre of Excellence (CoE) for Data Warehousing and Decision Support System Solutions will be setup at C-DAC, Pune.

C-DAC is a System Integration Partner under Oracle's Alliance program. CoE will use C-DAC's state-of-the-art servers and showcase the technology solutions. C-DAC has recently spread its wings into developing and delivering total solutions using Data Warehousing technology, especially in the areas of Banking, Capital Markets, Electronic Governance etc., exploiting its expertise in high performance computing and communication. Data Warehousing is a key technology for advanced Decision Support Systems and Executive Information Systems, which establishes a link between business strategies and information technology.

C-DAC is planning to grow in this key area commercializing its proven technology for addressing problems of large organizations in the country. This agreement will enable both the organizations to focus on the Data Warehouse opportunities. With establishment of Centre of Excellence, customers looking forward to implement a Data Warehouse solution will be able to preview the benefits of Data Warehousing, understand end-to-end technology and services required for implementing such projects.

As regards Network Computing, language is no more a barrier and Network Computing can be used with Indian Language Interface. GIST (Graphics and Intelligence based Script Technology), C-DAC's popular multilingual technology, will be incorporated in the Network Computers developed by Oracle's Network Designing Centre. This will enable the Network Computers to be used as low cost front-end for mass use of Multilingual Information technology Applications in the newly emerging Electronic Governance models. These multilingual enabled Network Computers are expected to be launched in September 1998.

Speaking on the occasion, Shri. R.K. Arora, Executive Director, C-DAC said, "Data Warehousing is one of the technologies under the Department of Electronic's NII Action Agenda. The strategic alliance with Oracle will help to synergize the expertise of the two organizations in high performance computing and communication (HPCC) and software for information management solutions respectively to address emerging Business Computing applications."

Mr. J.S. Maini, Jt. Secretary and Financial Adviser, DoE, who was present at the occasion remarked about the achievements of C-DAC in the area of high performance computing and multilingual multimedia technology in bringing the country to the forefront of supercomputing technology and in integrating the country through its very popular multilingual products.

Reflecting on the value proposition of the agreement, Mr. Shekar Dasgupta, Country Manager, Oracle (India) said "C-DAC has highly skilled software professionals, with a very strong presence in India.
C-DAC has been engaged in Data Warehouse projects abroad using Oracle products and technology. This agreement will expand our scope for cooperation and benefit the customer"

Oracle Corporation is the world's leading supplier of software for information management, and the world's second largest software company. With annual revenues of more than $7.1 billion, the company offers its database, application server, tools and application products, along with related consulting, education and support services in more than 140 countries.