 "Oracle GoldenGate Gains Strong Customer Traction In India")
Oracle India announces growing demand for Oracle GoldenGate, a component of Oracle Fusion Middleware among India’s leading banking and financial service industry (BFSI) and telecom companies.
With transaction volumes increasing at exponential rates and more business processes being conducted online, organisations are realising the need for a solution that will help them collect and deliver immediate access to tremendous amount of enterprise data.
Oracle GoldenGate, a comprehensive real-time data integration solution, has become popular among India’s private and public sector banking and financial institutions. Bank of Baroda, SBI, Yes Bank, ICICI Bank, Federal Bank, Syndicate Bank, HDFC Bank, Bombay Stock Exchange among others are using it extensively.
The solution has been able to support them in their mergers and acquisitions processes, in fraud detection, in meeting the strong need for customer retention and better customer profiling, in Core Banking Solutions (CBS) reporting, even real-time data replication, real-time SMS alerts, Internet banking and many more crucial business processes.
India presently has 137 million internet users and only 25 million are involved in online transactions. In fact, according to a census by eBay, Delhi is the top eCommerce hub in the country followed by Mumbai and Jaipur.
With India’s growing mobile user population (India has is 864 million mobile subscribers), and the heightened need to collect data in real time and improve organisational decision-making through enterprise-wide visibility into accurate, up-to-date information, India’s leading telecom operators deploy Oracle GoldenGate – Aircel, Tata Teleservices, MTS, Reliance Communications are a few to name.
With Oracle GoldenGate, these telecom operators are also able to efficiently manage their campaign management, Customer Relationship Management (CRM), commission payment, and Management Information Systems (MIS).
Oracle GoldenGate is a high-performance software application that helps business-critical systems ensure they offer fast and easy access to the up-to-date data, and helps them quickly adapt to changing business and IT demands. It offers real-time log-based change data capture, transformation, routing and delivery of transactional data across heterogeneous systems. With its bidirectional data replication capabilities it enables companies to ensure that their critical IT systems have 24/7 availability.
“With support for a wide array of continuous availability, disaster tolerance, and real-time data integration scenarios, Oracle GoldenGate provides a modular foundation that easily scales to address the high-volume, low-impact data integration challenges faced by enterprises today,” said Kalyan Roy, Head – Data Integration Systems Sales, Oracle India. “Oracle GoldenGate helps businesses integrate disparate data from multiple heterogeneous sources and allows them to make real-time business decisions; while improving performance, reliability, flexibility and integration.”
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