China TransInfo partners with Oracle

China TransInfo Technology Corp., GIS technology provider for the People's Republic of China government's Transportation, Land & Resource and Digital City segments, announced it has entered into a solution partnership with Oracle Corporation, for work within China's transportation sector.

As China TransInfo's solution partner, Oracle will provide China TransInfo with all Oracle products at discount price and technical support. In addition, both companies have agreed to periodically conduct transportation segment channel conferences to discuss how to better share market and client resources. China TransInfo believes this new solution partnership with Oracle will improve its brand recognition and profile in the industry. It also offers both companies opportunities to increase penetration in the GIS marketplace in China.

"Becoming a solution partner with Oracle will enable us to enhance both our product lines and level of service so as to better meet the needs of our customers," Mr. Shudong Xia, Chief Executive Officer of China TransInfo, said. "It will also strengthen our competitive position within the global GIS marketplace worldwide by providing us with cost advantages and enhancing our technological superiority even more," Mr. Xia said.

Source : http://money.cnn.com