Oracle names Telenor Business Solutions hosting service provider of the year

Press release
6 minute read
Oracle has awarded Telenor Business Solutions as "The hosting service provider of the year for Europe, the Middle East and Africa (EMEA). This decision was announced at Oracle's Executive Partner Forum in Cannes on Tuesday.
Telenor Business Solutions has been offering the entire Oracle software platform to customers since October 2001, which it hosts in its highly secure "superhub" data centres in Norway and the United Kingdom. Customers in Europe have the opportunity of accessing the Oracle9i technology platform and Oracle E-Business Suite of applications directly from Oracle Outsourcing or through a managed service with Telenor Business Solutions.

While receiving the award Telenor Business Solutions announced a new customer as part of their initiative to deliver e-business applications online as a managed hosted service. MultiBrand ASA, the Norwegian employee benefit management company, has selected Telenor to manage its specialised online applications service.

"We are pleased to be one of the preferred partners of Oracle in Europe. We are well placed to assist Oracle in their vision of delivering software as a service. We have a complimentary strategy which supports the needs of many European customers like MultiBrand, who currently need more assurance in the delivery of the online model," said Morten Lundal, CEO of Telenor Business Solutions. "We can provide a guaranteed service level which removes risks and offers the management, security and availability of whatever application or tools the customer needs."

"The solution from Oracle and Telenor enables us to innovate employee benefit management and release our clients from routine tasks in the cumbersome task of updating their HR systems. The online applications service lets us focus on what we do well, and have Telenor and Oracle run the IT systems and applications," said managing director Finn Kinneberg of MultiBrand Compensation Services AS.

"Outsourcing is a faster, better and cheaper way for organisations to implement and maintain their enterprise software, and Oracle is one hundred per cent committed to making this model available to its customers in Europe," said Eric Duffaut, vice president of sales channels, Oracle Europe, Middle East and Africa. "Partnering with world-class hosting services partners like Telenor Business Solutions is an integral part of this strategy. Together we are ensuring that European companies have access to the best software for their business, delivered by the foremost experts in hosted service provision. This award represents our recognition of Telenor Business Solutions as an outstanding hosting services partner."

About Telenor Business Solutions
Telenor Business Solutions innovates and simplifies IT- and communications solutions for a Norwegian, Nordic and European business market. We serve organisations in all segments with voice- and data communications, advanced networks solutions, managed IT services and consultancy. Telenor Business Solutions employs 4500 people in 10 countries, serving customers across boarders based on international presence and infrastructure.
Telenor is one of Norway's largest listed companies, with a turnover in 2001 of NOK 40.6 billion and 21,000 employees. Telenor is Norway's leading enterprise in the distribution of voice, information, knowledge and entertainment and, in addition to its operations in the domestic market, is engaged in extensive and fast growing business operations in a number of countries in Europe and South-East Asia.

About Oracle
Oracle Corporation provides the software that powers the Internet. For more information about Oracle, please visit

About MultiBrand
MultiBrand ASA is a leader within employee benefit management in the Norwegian market.

The MultiBrand Group consists of three business units:
-MultiBrand Compensation Services AS, helping clients to design, implement, communicate and manage their benefit and compensation solutions. The Employee Benefit Management system (EBM) is provided as an advanced and flexible online service
-MultiBrand Consulting AS, providing consultancy in Financial Risk Management and International Insurance and Pension solutions for expatriates and mobile employees
-Fondsnett ASA, offering Norway's broadest online distribution of mutual funds and other investment solutions to retail, high net worth and the institutional market.

For more information about the MultiBrand Group, please visit