OpenWorld attendees also should look for Oracle to announce enhancements to the BI (business intelligence) capabilities of its financial applications. Oracle has consistently fortified the business intelligence, analysis and risk management capabilities of its financial suite, again because these features reinforce the value of its core database technology. Regular enhancements are essential for Oracle to keep up with the business intelligence capabilities of its key rival in the database market, IBMs DB2 relational database. It also allows it to keep a swarm of smaller, dedicated BI application vendors such as Cognos Inc., Business Objects Inc., Informatica Corp. and not to mention PeopleSoft from carving up the Oracle market for themselves. Click here to read about Oracles latest maneuvers to beat down PeopleSofts defenses in its prolonged buyout campaign.Its certain that Oracle will continue to add new analysis features to meet new regulatory requirements in the United States and abroad. But what Oracle applications customers want to knowjust as much as PeopleSoft customers and employees want to knowis how much of Oracles existing application portfolio will survive a PeopleSoft buyout. While the buyout is still uncertain and is likely to remain undecided until PeopleSofts next annual meeting in February, customers of both companies have been weighing what Oracle would do with PeopleSofts applications. Click here to read eWEEK Database Center Editor Lisa Vaas commentary that Oracles top priority is the repair of its damaged sales channel. Since Oracle first launched the buyout campaign in June 2003, company officials made statements that it wanted to buy PeopleSofts customers more than it wanted to buy its application portfolio. But that has always sounded like more Oracle arrogance and bravado. Oracle has cant just scrap all of that software its willing to pony up $9.2 billion to buy. Its more than likely that Oracle will slap its logo onto the best-selling PeopleSoft applications and let its own native apps just fade into the background. A lot of Oracle applications customers may soon be calculating how much they will have to pay to upgrade to PeopleSoft products as much as some PeopleSoft customers worry that they will have to move a native Oracle application. No doubt a lot of pointed questions along these lines will be circulated behind the scenes and in some of the news conferences and executive briefings that go on in the next few days at Oracle OpenWorld. Check out eWEEK.coms for the latest news, reviews and analysis about productivity and business solutions.
In October, the Redwood Shores, Calif., company announced the Oracle Regulatory Capital Manager, which was designed to help financial services companies in Europe comply with the Bank for International Settlements Basel II regulatory requirements. This tool allows financial services companies to capture and analyze the data required according to the Basel II accords.