Oracle Offers New Licensing Model
Oracle wants to make its pricing model easier to handle.
The Redwood Shores, Calif., company announced its new pricing model on Dec. 19, one day after posting a 26 percent revenue gain during its second fiscal quarter. Oracle also announced that its profits grew 21 percent compared with the same period last year.
In offering a streamlined pricing guide, Oracle is trying to clarify the numerous licensing metrics it has inherited during a nearly three-year buying spree.
“With a number of pre-existing and newly acquired products, each with its own licensing metrics, Oracle’s new simplified licensing model creates consistency across all product lines,” said a statement released by the company.
Some of the company’s product that will be affected by the new pricing structure include applications such as PeopleSoft, JD Edwards, Siebel and the Oracle E-Business Suite.
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