Oracle acquires DataRaker, eyes utilities, big data

Summary:Oracle said that the acquisition will help it provide analytics for utilities investing in smart meter infrastructure and other devices.

Oracle on Thursday said it acquired DataRaker, a software company focused on big data tools for gas, water and electric utilities.

Large software companies such as Oracle and SAP have been duking it out based on vertical markets.

In a statement, Oracle said that the acquisition will help it provide analytics for utilities investing in smart meter infrastructure and other devices.

DataRaker's software is cloud based. The company was founded in 2007 by energy executives. Oracle plans to meld DataRaker's software with its Oracle Utilities applications.

In a presentation, Oracle outlined how it is targeting utilities looking to manage the growth in data and boosting customer service.

Here's a look at two slides explaining DataRaker and how it'll fit in the Oracle stack.

dataraker1
dataraker2

 

Topics: Enterprise Software, Big Data, Oracle

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Larry Dignan is Editor in Chief of ZDNet and SmartPlanet as well as Editorial Director of ZDNet's sister site TechRepublic. He was most recently Executive Editor of News and Blogs at ZDNet. Prior to that he was executive news editor at eWeek and news editor at Baseline. He also served as the East Coast news editor and finance editor at CN... Full Bio

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