Oracle Open World

Press release

September 21, 2008

Orcanos to participate in an Israeli start-up delegation sent to Oracle's OpenWorld conference by the Chief Scientist's Office and Oracle Israel

Assistance provided to the companies in the delegation is on the scale of NIS 2 million - half financed by the Chief Scientist and half by the Oracle Israel Excellence program

This is one of the biggest events in the global high-tech market, and is expected to attract some 50,000 participants

Oracle will go out to the Oracle OpenWorld conference, considered to be one of the biggest and most important events in the global high-tech industry, as part of a delegation of Israeli start-ups supported and funded by the Chief Scientist's Office in the Ministry of Industry, Trade and Employment in cooperation with Oracle Israel's Excellence Center program. The conference, which is expected to take place between September 21 - 25 in San Francisco, USA, attracts some 50,000 people each year, among them the top echelons of the largest computing companies in the world.

The companies in the delegation will present their products under one roof, in the stand set up at the exhibition by the Tnufa program at the Chief Scientist's Office. Israel will thus be the only country at the event with a joint display of blue-and-white technologies at this huge conference. Overall assistance to the companies in the delegation is estimated at NIS 2 million, half provided by the Chief Scientist and half by Oracle Israel.

The start-ups exhibiting in the stand are: Orcanos, Ransys, dbMaestro and GPV - all IT companies giving added value to Oracle products, and therefore seeing Oracle users as the main market for their products. Orcanos develops solutions for managing software development processes; dbMaestro supplies database solutions; Ransys develops survey feedback and management solutions; and GPV develops solutions for identification, solution planning, control and management of business risks.

These companies are part of the Oracle Excellence Center, established by Oracle Israel with the aim of increasing support and assistance to Israeli start-ups.

According to Yaacov Fisher, head of the Tnufa program at the Chief Scientist's Office, who is responsible for the delegation, the innovative collaboration developed at the initiative of the current Chief Scientist, Dr. Eli Ofer, was first exhibited to Oracle customers at last year's OpenWorld conference, and attracted considerable interest. This year Tnufa is revealing four ventures that have matured sufficiently to be presented at the prestigious conference. Fisher expressed the hope that the collaboration with Oracle, which has so far given birth to 15 joint developments, will continue to gain momentum and produce new ventures.

Rami Azulai, VP marketing and sales at Orcanos, said that "participation in the Israeli delegation is a source of great pride to us, showing recognition of our capabilities and the future of the company. This event will enable us to show off our module, which is adapted to suit people developing software in an Oracle environment and will provide them with an essential tool for significantly streamlining time and resources in the development process and shortening their time to  market.  Our close collaboration with a giant company like Oracle allows us to bridge the technological gaps and achieve a greater marketing spread for Orcanos' activities, as part of our business strategy."

Orcanos will present a new and unique module, enabling organizations to track the stages of project development and management in Oracle-based BI environments.  The new module has been developed using the new version of the Orcanos QPack5.0 system, based on the ALM (application life management) approach. The software allows organizations to follow up and control all stages of projects, immediately and in real time, and interfaces with the Oracle BI solution. Integration between the systems is carried out by means of Sieble Analytics infrastructures, in which hundreds of thousands of dollars  have been invested.