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:-))))Quote:
Originally posted by tamilselvan
Why Oracle is not used financial companies?
The reason is very simple:
Financial companies know the value of $.
It's funny you should say that, because often I hear complains about how expensive our OPS licenses are...
You got it.
Without humor human life is junk.
Tamilselvan
Hey guys,
Check this out. Its todays article on yahoo.
http://story.news.yahoo.com/news?tmp...e_dc_4&cid=581
There are many reasons why Oracle is (was) not used in financial industry.
1 History
In late 1980's many companies wanted to shutdown their very costly main frames because of high maintenance cost, and realized Unix mid range computers was the alternate choice. At the same time, they wanted to choose the best RDBMS available in the market.
2 Technology:
Technically, Sybase was much superior than Oracle and Informix. Informix had market share of 60% in 1990. Sybase was the first RDBMS introduced server side stored procedures, packages, functions. Programmers were delighted on these functionality. In fact I evaluated Oracle and Sybase very closely in 1991. I found Sybase had many technical advantages over Oracle in 1991. And Sybase’s User Interface was very simple and was easy to develop application software. Powerbuilder was the most powerful software integrated with Sybase at that time to develop application software. Sybase first introduced hot backup concept in 1991. Later Oracle followed. In most of the OLTP benchmark tests, Sybase scored over Oracle. The Sybase’s TPC–A, TPC-B, TPC-C ratings were very high. Oracle required more disk space and more memory in order to get a reasonable performance where as Sybase required half the size of Oracle’s. Remember memory and disk were highly priced in early 1990s.
3 Price
Buying an RDBMS by a manufacturing company is entirely different when compared to by a financial company. Financial companies wanted to spend less money so that they would pay dividend to its share holders. They found cost of running a Sybase system was much cheaper than that of Oracle. More over, they found that day-to-day OLTP system required faster response in order to satisfy their customers, hence they chose Sybase. The service level agreement price was (is) very high with Oracle. But, later they realized that Sybase could not handle a large volume of data. Hence, they chose Oracle for data mart/data warehouse type of applications and moved the OLTP data from Sybase to Oracle once in a week or in a month.
Since, Sybase has not been doing well for the past 3 years, many companies are now trying to migrate Sybase applications to Oracle /DB2.
Hi, is that the standard price that Oracle charges, irregardless of the specifications of CPU, operating system, applications running on oracle?Quote:
Originally posted by pando
well you can use standard edition $15000/CPU or it is still too much...?
Please advise.
did you bother to look on store.oracle.com
Very well said Tim..Quote:
Originally posted by TimHall
Several comments relating to previous posts:
If SQL Server was available in UNIX flavours Oracle would be in serious trouble. Anyone who's spent any time using SQL Server couldn't fail to appreciate it's usability.
As for Oracle bugs, I guess I've just been lucky because very few have ever come my way. I don't want to sound like I'm defending them but considering Oracle is available on so many platforms it's amazing it's not more buggy!
DB2 is available for windows. Check out the IBM site for a download. The management tools suck bigtime. They're slow like OEM but with less functionality.
Oracle is less expensive than it's competitors if you need all the features. If like most people you are only using a small subset of the features it's incredibly expensive since your paying for stuff you don't need. Oracle should have a more modular pricing structure.
As open source DBs like PostgreSQL and mySQL improve the cost of all the major DBs will need to be re-evaluated. OK mySQL wouldn't know a referential integrety constraint if it smacked it in the face but it is fast and free!
There is some serious money invested in Java by Sun, Oracle, IBM. If .NET wins the battle there will be alot of red faces and some seriously poor companies prime for a buyout by Microsoft!
My attitude is learn whatever is the industry standard at the moment. You can spend your whole life worrying about this stuff. Someone once told me that COBOL was going to die out :)
[Edited by TimHall on 03-13-2002 at 10:03 AM]
I'm not sure if you've noticed, but the above Tim's comments are almost exactly three years old.... ;)Quote:
Originally posted by hrishy
Very well said Tim..
yls177 confused the show ?? ;) ;)
againQuote:
Originally posted by abhaysk
yls177 confused the show ?? ;) ;)