Oracle Corp. (ORCL) announced the availability of its updated version of MySQL 5.5 Enterprise Edition. The updated version is equipped with MySQL Enterprise Backup and MySQL Workbench as well as the upgraded MySQL Enterprise Monitor.

MySQL Enterprise Edition is an all-inclusive subscription offering that in addition to MySQL Database includes monitoring, backup and design tools for delivering cost-effective Online Transaction Processing (OLTP) database applications to customers worldwide.

The application is wholly-integrated, transaction-safe and comprises ACID (atomic, consistent, isolated, durable) compliant data base with full commit, rollback, cash recovery and row level locking features. Moreover, database partitioning enables users to accentuate performance and simplify management of large database settings.

The enhanced version also consists of additional features, such as MySQL Enterprise Backup 3.5 that enables users to perform hot online backup of MySQL Databases by ensuring a point-in-time recovery of the compressed back up databases.

The upgraded MySQL Workbench 5.2 provides data modeling, SQL development and complete administration tools, which allow users to visually design, model, generate and manage MySQL Databases.

Improvements to MySQL Enterprise Monitor 2.3 include new rules and graphs that offer optimal accessibility and usage of MySQL Database and MySQL cluster.

And now, with the union of MySQL and MyOracle Support, customers will see faster resolution of their queries and problems through a common technical support interface.

Oracle’s believes that MySQL, which it acquired through Sun Microsystems, is a low-cost alternative to the SQL Server data base, with the potential to lower costs by up to 90.0% when compared to Microsoft SQL Server.

Oracle’s acquisition of Sun Microsystems will provide an impetus for growth in fiscal 2011 and beyond, with higher top and bottom-line growth along with increased accretive synergies and a strengthening competitive position. However, integration issues, intense competition from International Business Machines Corp. (IBM), Microsoft Corp. (MSFT) and SAP AG (SAP) and slow growth in IT spending are areas of concern.

However, we are positive on Oracle’s longer-term growth prospects given its growing market share, focus on improving profitability, new product pipeline, cost-saving initiatives and robust free cash flow. We maintain an Outperform rating on a long-term basis (6–12 months).

Currently, Oracle has a Zacks #2 Rank, which implies a Buy rating on a short-term basis.

 
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