Exchange rate flaw in Oracle price hike exposed

IT departments could cushion the impact of Oracle's recent price hike by taking advantage of the weak US dollar to negotiate software licences in dollars and then pay in sterling or euros. Afer Oracle updated its product prices last month, some businesses face a rise in licence fees of as much as 20%. For example, the per processor licence fee for Oracle Standard One Edition has risen by $800, from $4,995 to $5,800. And the cost of application adapters for Oracle's Fusion middleware has gone from $15,000 to $17,500. "Much of the increase is due to the devaluation of the US dollar," said Gartner research vice-president Jane Disbrow. Oracle is one of the few major software companies that prices its products only in US dollars, so users can benefit by taking advantage of the weak US dollar. Forrester principal analyst Ray Wang... [read full story]                    

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