Tuesday, November 07, 2006
Oracle challenges SAP in public sector with latest buy
Oracle wants more customers in the public sector and utilities markets.
The database and business applications giant announced today that it has acquired SPL WorldGroup Inc., a seller of revenue and operations management software for the utilities industry. Oracle didn't say how much it paid for the San Francisco-based firm, which also makes tax management software for government organizations.
Ray Wang, a business applications analyst with Cambridge, Mass.-based Forrester Research, says the latest buy is part of Oracle's plan to get closer to markets where competition among software vendors is beginning to heat up. Wang predicts that Oracle and rival SAP AG will battle fiercely in years to come for bigger shares of the utilities, government, healthcare, telecom and financial services markets.
The database and business applications giant announced today that it has acquired SPL WorldGroup Inc., a seller of revenue and operations management software for the utilities industry. Oracle didn't say how much it paid for the San Francisco-based firm, which also makes tax management software for government organizations.
Ray Wang, a business applications analyst with Cambridge, Mass.-based Forrester Research, says the latest buy is part of Oracle's plan to get closer to markets where competition among software vendors is beginning to heat up. Wang predicts that Oracle and rival SAP AG will battle fiercely in years to come for bigger shares of the utilities, government, healthcare, telecom and financial services markets.
