Quistor is Selected as a Preferred Partner for Oracle's Business Process Outsourcing Learning Management Oracle breaks new ground with Quistor Learning Management Partnership READING, United Kingdom and Amsterdam, The Netherlands March 29, 2007 00 Oracle and Quistor today announced a new partnership to deliver an industry proven e-Learning platform that will enable companies to manage their learning processes and technology in a cost-effective way. The partnership will enable Quistor to offer a Learning BPO solution, based on the Oracle iLearning technology, and will provide a Learning Management System, hosting, learning administration services and reporting in one package. This is the first e-Learning BPO partnership for Oracle, whose iLearning solution already helps train over 600,000 people every year across 60 countries. The solution provides a complete, scalable and open infrastructure that allows customers to manage, deliver and track training participation in online or classroom-based environments. It is an open system designed to integrate with other functions including HR and financial systems. The iLearning solution offers inter-operability with industry standard authoring and collaboration tools and tested against third-party content libraries. "Across the globe, IDC is seeing the adoption of training outsourcing services growing. In 2005, worldwide spending on training BPO services is estimated to have been $4.2 billion and the market is expected to increase at a five-year CAGR of 18% to $9.7 billion in 2010," says Cushing Anderson, Program Director, Learning, Consulting, and Systems Integration Research, IDC.* The Quistor eLearning BPO platform has been designed to deliver a cost effective and flexible learning solution that can be easily configured and deployed in weeks. The existing customer content can readily be integrated and played on the platform. Quistor will also provide procurement services for both public and bespoke developed content. "To our customers, Quistor services powered by Oracle means process continuity, with the lowest risk to business process transition and more choice in how they leverage Oracle technology. Quistor will benefit from a low cost of ownership and high deployment flexibility due to the state-of-the-art, standards-based Oracle technology running in Quistor's datacenter," said Tibor Beles, Vice President, Global BPO at Oracle. The Quistor Learning BPO solution is already operational and available to customers. Key areas for growth are expected to be in Western and Eastern Europe with a focus on the financial, communications, distribution and services sectors. "HR departments are currently spending up to 80% of their budgets on the management and admin associated with creating and delivering training and only 20% of their time on the valuable talent, competence and performance management. Outsourcing enables companies to reverse this and dramatically reduce the costs associated with training and development - often by up to threefold," said Henry Barenholz, Vice-President of Commercial Affairs at Quistor. "Our customers are evaluating Learning BPO capabilities in order to reengineer and improve the Training Administrative processes. They want to outsource the transactional and administrative nature of the work to BPO vendors with the goal of embracing best practices while reducing the total cost of ownership. Quistor solution is designed to do just that," said Daniel Van den Broeck, Vice President, ERP Application Solutions at Oracle. About Oracle Oracle is the world's largest enterprise software company. For more information about Oracle, visit our Web site at:

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