Oracle agreed to acquire Crosswise, a provider of machine-learning based cross-device data in the cloud, for a reported 50 million dlrs. The US computer technology group said the move will give it access to a team of highly trained data scientists and advanced technology that it will bring into its own Oracle Data Cloud division. Read More..
Oracle has implemented an IT overhaul at Mazda that will reduce the carmaker’s server operating costs by 40 pc and lower power consumption by 75 pc. The US-based hardware and business software group said it had modernized and consolidated the Mazda Digital Innovation (MDI) system on Oracle servers that run the IT group’s Solaris 10 Read More..
Oracle has agreed to buy Acme Packet in a move that will boost its expertise in secure data communications. The US-based IT group said it will pay 1.7 billion dlrs for Acme Packet, a company that specializes in delivering voice, data and unified communication services and applications across IP networks. As overall connectivity increases and Read More..
Despite their dominant market share in ERP systems, the top three software providers are facing new competion that may erode their strong positions. According to a benchmarking study by ERP specialists Panorama Consulting, the three companies together have a 47 pc share of the global market. “But the market is shifting,” Panorama warned in the Read More..
Software providers and internet companies are the best performers in the global information and communication technology sector, according to a new study. An analysis of the world’s 50 biggest ICT companies by consultants Booz & Company found that software providers such as Microsoft, Oracle and SAP and internet companies such as Google were realizing sales Read More..