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THYSSEN KRUPP ELEVATOR RELIES ON ORACLE E-BUSINESS SUITE

Global outsourced solution to streamline business processes and reduce costs

14 November 2003 - ThyssenKrupp Elevator, the world’s third-largest elevator company, is to implement the Oracle E-Business Suite globally in an effort to standardise and optimise its business processes further. The entire system will be outsourced to Oracle, which will operate and administer it from its own data centre. Oracle Consulting will roll out the implementation to the elevator company’s 30,000 employees at 800 locations in 60 countries.

Rolf Schwirz, Senior Vice President and Managing Director, Oracle Deutschland GmbH, commented: "ThyssenKrupp Elevator’s decision to rely on Oracle for their process optimisation strengthens our conviction that the best, professional performance is only possible with the corresponding tools. The Oracle E-Business Suite is a comprehensive, flexible and highly innovative solution with a proven track record of helping corporations to implement quality and efficiency gains in their daily work."

Robert Fleming, Senior Director, Applications Marketing, Oracle EMEA, said the decision by ThyssenKrupp Elevator to outsource its software management to Oracle was part of an overall industry trend. "Organisations across the globe are very interested in the substantial benefits offered by outsourcing Oracle software management to Oracle itself," he said. "We are serving over 250,000 end users in 25 countries in this way. These benefits include not only reduced IT costs but also faster, more proactive problem resolution, higher availability, change management and security.

"Physical location is immaterial. We can provide the outsourced service whether the computers reside at the customer’s location of choice or at Oracle’s own data centre, as will be the case with ThyssenKrupp Elevator."

About Oracle
Oracle is the world's largest enterprise software company. For more information about Oracle, visit our Web site at www.oracle.com.

###

Trademarks
Oracle is a registered trademark of Oracle Corporation and/or its affiliates. Other names may be trademarks of their respective owners.

Voor verdere persinformatie kunt u contact opnemen met:

Claske Smit Oracle Nederland BV
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Fax: +31 (0)30 669 9940
E-mail: claske.smit@oracle.com

Marieke van Zuien van LEWIS Communicatie BV
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E-mail: mariekev@lewispr.com

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