In addition to the excellent advice from roboticus, both DBD::Oracle and now DBD::ODBC (from 1.34) support DBI's execute_for_fetch. You might be wondered why this helps (given the name) with multiple inserts but it is because DBI's execute_array uses execute_for_fetch. With execute_array you can prepare an insert and provide as many rows of data for the parameters as you like and the DBD will send them in batches (thus vastly reducing network traffic). It is usually a lot faster.
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