Oracle also set a profit forecast of 48 to 50 cents per share for Q3, again topping expectations.

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In 1997 Oracle issued a new set of homegrown applications, which flopped.

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The most recent iteration of the big-ticket package, Oracle's E-Business Suite, is a set of business applications designed to work with a single database.

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On Thursday, Oracle released an update for its ubiquitous Java plugin that patches a serious set of security issues, ones that allowed cybercriminals to install malware through invisible downloads when users visited rigged websites.

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He also points out that Microsoft and Oracle are trading near trough levels, and both firms have new product cycles set to debut, which may mean upside for investors despite the macro slow-down.

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Many multinationals have set up Latin American headquarters in the county--Cisco, IBM and Oracle among them.

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Brian Jones of computer company Oracle, who co-developed the system with Idaho Technology, EYT and ScenPro said it was easy to set up because the software runs off a central server accessed via the Net, so the hospitals do not have to install additional hardware or software.

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