Version 11.5.10, is expected to offer a range of new functions to support specific industries, including support for transportation planning and transactions based on radio frequency identification tags in manufacturing.
AMR analyst Nigel Montgomery said Oracle had done a considerable amount of work in the past two years to make its applications competitive. "The challenge is that Oracle is not widely recognised in manufacturing, and Oracle Applications is not as widely used in manufacturing as the database," he said.
Montgomery said Oracle's focus on healthcare was a result of the strength of its technology in supporting transparency and compliance.
"The key driver in healthcare is compliance to make sure financial reporting and other business processes are legal. There is no question Oracle's database supports transparency of information," he said.
Oracle is playing a key role in the NHS national programme for IT. Its database systems will be widely deployed to power the huge data requirements of the health service.
The supplier is also heavily involved in NHS IT projects outside the scope of the national programme. The Oracle HR system is at the heart of the NHS electronic staff records system.