Satyam Computer and Oracle Asia Pacific have announced a strategic alliance that will help companies in Asia Pacific jump-start business intelligence implementations.The announcement saw Satyam Computer share rise 0.84 per cent to Rs 472.95.
iDecisions, the company's business intelligence accelerator, will become the first major application to be ported to Oracle's Business Intelligence Suite Enterprise Edition, a notice to the Bombay Stock Exchange said.
The combined solution will be available for multiple verticals, including banking, telecommunications, and insurance.
The company quoted industry reports, saying the Asia Pacific business intelligence platform market is growing at a compound annual growth rate of 15 per cent, based on software revenues from 2006 to 2011, and will reach $ 624 million by 2011.
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