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The next arms race: Oracle buys data analytics company DataRaker

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Quick take: Five years ago companies were scrambling to show they could collect and manage large data sets from millions of meters. With that largely proven, vendors are switching to a new battlefield -- namely, analyzing all that data. Today, most analytics are achieved through custom programming by high-priced consultants. The fight is to create an analytics platform easy enough that utility staffers can use it by themselves once it's set up properly. Oracle's acquisition of DataRaker gives them an important addition to their arsenal, one that moves them part way down that path. – Jesse Berst

 

Oracle recently announced it has entered into an agreement to acquire DataRaker, a provider of a cloud-based analytics platform that enables electric, gas and water utilities to leverage vast amounts of data to optimize operational efficiency and improve the customer experience.

 

"Big Data created by smart meters and sensors has presented utilities with an enormous opportunity to improve operations and deliver better customer service by acting on the unique insights that can only be found by understanding the massive amounts of data coming from their customers and networks," said Rodger Smith, Senior Vice President and General Manager, Oracle Utilities. "With DataRaker, Oracle can provide customers a complete and integrated set of products to further unlock efficiencies and create data insights that maximize business value."

 

Oracle Buys DataRaker

Adds Cloud-based Analytics Platform to Oracle Utilities Solutions to Transform Big Data into Actionable Intelligence

Redwood Shores, CA – December 13, 2012

News Facts

Oracle today announced that it has entered into an agreement to acquire DataRaker, a provider of a cloud-based analytics platform that enables electric, gas and water utilities to leverage vast amounts of data to optimize operational efficiency and improve the customer experience.

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Leading-edge utilities are investing in infrastructure to collect massive amounts of data from millions of distributed smart meters and sensors, and they require modern technologies to analyze and understand the insights provided by this data.

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DataRaker’s proven solutions enable customers to gain immediate benefits from smart devices, by transforming meter, customer and network data into insights that can have a dramatic impact on organizational performance.

The combination of Oracle and DataRaker’s cloud-based solutions is expected to provide utilities with the most complete solution to harness the benefits of utility Big Data to improve operational performance and enhance customer experience.

More information on this announcement can be found at

http://www.oracle.com/DataRaker

Supporting Quotes

“Big Data created by smart meters and sensors has presented utilities with an enormous opportunity to improve operations and deliver better customer service by acting on the unique insights that can only be found by understanding the massive amounts of data coming from their customers and networks,” said Rodger Smith, Senior Vice President and General Manager, Oracle Utilities. “With DataRaker, Oracle can provide customers a complete and integrated set of products to further unlock efficiencies and create data insights that maximize business value.”

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“Oracle’s proposed acquisition of DataRaker represents a strong endorsement of DataRaker’s proven, scalable and high-performance platform. We are excited to be a part of Oracle, and look forward to combining our resources to drive new innovations that will continue to deliver value to customers,” said Rick Brakken, CEO and Co-Founder, DataRaker.

Supporting Resources

• About Oracle and DataRaker

• General Presentation

• Customer & Partner Letter

• FAQ

About Oracle

Oracle engineers hardware and software to work together in the cloud and in your data center. For more information about Oracle (NASDAQ:ORCL), visit

www.oracle.com.

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