Oracle plans major Collaboration Suite update

Oracle plans major Collaboration Suite update: "Oracle plans to deliver a major update to its Collaboration Suite before year-end, adding instant messaging capabilities, improving integration with enterprise applications and enhancing other features, company executives said Tuesday.
This third release of Collaboration Suite is intended to make the Oracle product a stronger rival to Microsoft's Exchange and IBM's Lotus Domino, which dominate the corporate e-mail server market.
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Oracle is definitely committed to Collaboration Suite, company officials insisted. In fact, Oracle just hired Terry Olkin, cofounder and former CTO of secure messaging vendor Secure Data in Motion, also known as Sigaba. As Chief Architect for Collaboration Suite, Olkin will set the future direction for the product.
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Oracle launched its offensive against Microsoft and IBM in September 2002 with the first release of Collaboration Suite. The product was updated in June 2003 to include Web conferencing. Oracle said last year that it sold Collaboration Suite to 500 customers in the 12-month period until May 31, 2003. In the six months after that it added another 250 customers for a total of 750 as of Nov. 30, 2003, the company said in a financial overview for that period.
As of the end of last year, Oracle held a 0.75% share of the corporate messaging market, according to data from The Radicati Group. And that market share is not bad for a product that has only been out a short time, said Sara Radicati, president and CEO of the Palo Alto consulting and market research firm."