OracleR Fusion Middleware crosses billion dollar milestone

Oracle said that revenue for OracleR Fusion Middleware passed the $1 Billion revenue threshold for FY06. During the most recent quarter, Q4 FY06, Oracle Fusion Middleware licence revenue grew 57 percent year over year. For the entire fiscal year, Oracle Fusion Middleware grew 34.5 percent year over year in licence revenue.

"Oracle Fusion Middleware is one of our most exciting success stories. Five years ago we weren't in this business," said Charles Phillips, President of Oracle.

"These results prove the strength of Oracle's infrastructure software business and our ability to execute on organic growth. We are capturing market share faster than any other player in the industry. Nearly half of our middleware revenue during FY06 came from partners, demonstrating the strength of Oracle's middleware product with developers and systems integrators."

For FY06, total product revenue (consisting of software licence revenues and maintenance revenue) for Oracle Fusion Middleware was more than $1 Billion. Training, education and other services revenue associated with Oracle Fusion Middleware are incremental to this total product revenue.

Oracle Fusion Middleware surpassed 31,000 cumulative customers (excluding Tools) during FY06 and was recognised repeatedly for its quality and feature set by independent analysts.