Message #12 From:
Stock News Bot Date: October 24, 2006 05:00:00 AM
ORCL News HP, Intel and Oracle to Modernize Applications for Legacy Mainframe Customers
SAN FRANCISCO--(BUSINESS WIRE)--HP (NYSE:HPQ) (Nasdaq:HPQ), Intel Corp. and Oracle®
(NasdaqGS:ORCL) today announced a joint initiative to help customers
increase business agility and performance, reduce operational cost, and
mitigate risk when moving applications from mainframe systems to open
standards-based server environments.
Introduced at Oracle OpenWorld, the Application Modernization Initiative
provides customers a comprehensive solution to help modernize their
legacy application portfolios running on legacy mainframes. The
initiative uses service-oriented architecture (SOA) principles and
enterprise grid computing platforms that provide increased reliability
and efficiency without the dependency on legacy mainframe skills.
After a detailed assessment and analysis of the customer’s
mainframe applications portfolio, an appropriate standards-based
solution is recommended as a more agile and cost-effective
alternative. As part of this process, a pre-defined and pre-tested
reference architecture based on HP, Intel and Oracle technologies is
used to reduce risk and implementation time.
The initiative incorporates HP servers based on Intel®
Itanium® processors running Oracle
infrastructure software. It also includes Application Modernization
Services from HP along with access to architectural support from all
three companies to help design the customer’s
solution.
“Implementing an application modernization
approach was crucial for us, as our IT systems were getting more costly
and less effective. Plus, finding developers with legacy skill sets was
becoming increasingly difficult,” said Sean
Datcher, director, Sabre Holdings. “We can now
add new functionality at a time-to-deployment that could not be achieved
with our old systems. In addition, the flexibility and overall
cost-effectiveness of this new architecture has really paid off in terms
of increased revenue and improved business metrics for our organization.”
The Application Modernization Initiative consists of the following core
components:
The Application Modernization Services portfolio from HP Services;
HP Integrity systems based on Intel Itanium processors working within
the HP Virtual Server Environment Reference Architecture;
The Oracle Grid Computing Platform with industry-leading SOA
capabilities, including Oracle Database 10g with Real Application
Clusters; Oracle Fusion Middleware; and Oracle Enterprise Manager/Grid
Control; and
Architectural design and consulting support from HP, Intel and Oracle.
The initiative is designed to provide customers with:
A path to a service-oriented architecture –
offers an easy linkage of both legacy and new components with
increased agility;
Process-driven systems – closely reflect
the way business operates, resulting in lower cost and greater agility;
Incremental transition support – phased
modernization approach that preserves original investment; and
Enterprise quality of service – achieved
through the use of hardware and software grids for virtualization,
failover, single point management and security.
“Customers burdened with the maintenance and
cost of their legacy mainframe applications have the support of three
market-leading technology companies to assist in the modernization of
their environments,” said John McCain, senior
vice president, Consulting and Integration Services, HP. “With
the underlying reference architecture in place, HP Services can
systematically enable customers to efficiently transition to a
standards-based environment.”
“Open systems based on Intel Itanium
processors like the HP Integrity server line, in addition to our
Dual-Core Intel Xeon processor for servers, provide superior
price/performance for mission-critical applications,”
said Diane Bryant, vice president, Digital Enterprise Group, Intel. “Working
together with HP and Oracle, we are able to deliver a more comprehensive
and efficient IT environment for enterprises everywhere.”
“We are delighted to have Oracle’s
Grid Computing platform playing such a key role in this initiative,”
said John Gawkowski, vice president, Platform Technology Solutions,
Oracle. “By joining with HP and Intel, we are
able to give customers the confidence to finally address these expensive
and inflexible legacy mainframe systems and get to a modern
open-standards SOA-based solution.”
The Application Modernization Initiative product and service offerings
are available today. More information is available at www.hp.com/go/ami.
About Intel
Intel, the world leader in silicon innovation, develops technologies,
products and initiatives to continually advance how people work and
live. Additional information about Intel is available at www.intel.com/pressroom.
About Oracle
Oracle (NasdaqGS:ORCL) is the world’s largest
enterprise software company. For more information about Oracle, visit
our Web site at www.oracle.com.
About HP
HP is a technology solutions provider to consumers, businesses and
institutions globally. The company’s
offerings span IT infrastructure, global services, business and home
computing, and imaging and printing. For the four fiscal quarters ended
July 31, 2006, HP revenue totaled $90.0 billion. More information about
HP is available at www.hp.com.
Intel, Itanium and Xeon are trademarks or registered trademarks of Intel
Corp. or its subsidiaries in the United States and other countries.
Oracle, JD Edwards, PeopleSoft and Siebel are registered trademarks of
Oracle Corp. and/or its affiliates.
This announcement is provided solely for information purposes, is not a
commitment to deliver any material, code, or functionality, and should
not be relied upon in making purchasing decisions. Many factors can
materially affect Oracle’s product
development plans and the nature and timing of future product releases.
The development, release, and timing of any features or functionality
described remains at the sole discretion of Oracle. This information may
not be incorporated into any contractual agreement with Oracle or its
subsidiaries or affiliates. Oracle specifically disclaims any liability
with respect to this information.
This news release contains forward-looking statements that involve
risks, uncertainties and assumptions. If such risks or uncertainties
materialize or such assumptions prove incorrect, the results of HP and
its consolidated subsidiaries could differ materially from those
expressed or implied by such forward-looking statements and assumptions.
All statements other than statements of historical fact are statements
that could be deemed forward-looking statements, including but not
limited to statements of the plans, strategies and objectives of
management for future operations; any statements concerning expected
development, performance or market share relating to products and
services; anticipated operational and financial results; any statements
of expectation or belief; and any statements of assumptions underlying
any of the foregoing. Risks, uncertainties and assumptions include the
achievement of expected results and other risks that are described from
time to time in HP’s Securities and Exchange
Commission reports, including but not limited to the risks described in
HP’s Quarterly Report on Form 10-Q for the
fiscal quarter ended July 31, 2006, and other reports filed after HP’s
Annual Report on Form 10-K for the fiscal year ended Oct. 31, 2005. HP
assumes no obligation and does not intend to update these
forward-looking statements.
