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Cost of Oracle8i databases slashed by 40 per cent

By Joey Gardiner

Published: 17 December 1999 17:16 GMT

Oracle is to cut the sale and support prices for its Oracle8i databases, and will standardise them to allow the company to sell more effectively over the Internet.

The price of an 8i Standard Edition has been lowered by 40 per cent to $15 per power unit (Oracle's measurement of processor power), and the enterprise edition price has been cut in half, to $100 per power unit.

Oracle has also standardised the cost of support for software, at 7 per cent of the software price. Analysts have said the standardisation of prices may stop some of the steep discounts that customers previously received when negotiating with the Oracle sales force.

Oracle CEO, Larry Ellison, said the idea behind the price cuts is to increase the overall size of the database market. Oracle now intends to conduct the majority of its business over the Internet.

The new prices will be available on Oracle's Web site http://www.oraclestore.oracle.com from Monday 20 December.

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