NAB has announced the first phase of its Next Generation Platform initiative to replace its core-banking systems this morning, naming Oracle its partner.
Global software giant Oracle has commenced a recruitment drive for specialists to help deliver on a contract it inked several months ago to deliver the first step of a new core banking system to the National Australia Bank.
IT services firm ASG Group has acquired ASX-listed Oracle database firm AD-B Group for $3 million, claiming it gives the company an in-road to lucrative defence contracts.
The National Australia Bank will approach the overhaul of its core banking systems cautiously over the next year, spending just $30 million on the Oracle-based first stage of the project, the bank's chief information officer Michelle Tredenick said today.
Oracle is yet to provide evidence Australian customers are switching to its Red Hat Linux support program despite announcing new business deals for the last quarter.
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Henning Kagermann, chief of SAP, says new competition, fast-moving tech are driving the company to rethink how it builds its software and how to sell it.
SAP's Geraldine McBride and Oracle's Leigh Warren, leaders of two of the world's biggest enterprise software companies, go head to head.
Though still in its early days, grid computing looks to have a promising future -- if vendors can continue to educate IT departments about its benefits.
In the flat enterprise software market, the message is clear: It's time to hunt or be hunted.
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