Oracle Named a Leader in Project Portfolio Management by Gartner

Oracle also Ranked Number One in Worldwide Revenue Share for PPM

Redwood Shores, CA, June 22, 2009 -- Gartner, Inc. has named Oracle (NASDAQ: ORCL) a leader in its report “Magic Quadrant for IT Project and Portfolio Management, 2009.”* Gartner defines Project and Portfolio Management (PPM) as solutions that “provide visibility into the current state of organizational initiatives, resources, and spending through the centralized collection of data from multiple sources and perspectives.”

Oracle's PPM solutions include the Oracle® E-Business Suite Projects, Oracle’s JD Edwards EnterpriseOne Project Management, Oracle’s Primavera Project Portfolio Management, and Oracle’s PeopleSoft Enterprise.
In a separate Gartner report, “Market Share: Project and Portfolio Management Software, Worldwide, 2008,”** Oracle ranked number one in project and portfolio management (PPM) in 2008, based on the combined estimated

“Oracle is dedicated to helping project-intensive businesses manage the full PPM lifecycle within a single, integrated, accurate view of all project-related activities,” said Joel Koppelman, Senior Vice President and General Manager, Oracle’s Primavera Global Business Unit. ”Oracle is pleased to be recognized by Gartner as a leader in the Magic Quadrant report. We believe that our Enterprise Project Portfolio Management solution combining ERP and PPM helps our customers ensure visibility and transparency. From our perspective, this recognition and ranking underscores Oracle's continued commitment to drive PPM innovation.”

*Gartner “Magic Quadrant for IT Project and Portfolio Management, 2009,” by Daniel B. Stang, Michael Hanford, June 2, 2009
**Gartner “Market Share: Project and Portfolio Management Software, Worldwide, 2008,” Laurie F. Wurster, Teresa Jones, Asheesh Raina, May 21, 2009

Source: Oracle