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Oracle delivers artificial intelligence across its customer experience cloud
Oracle announced a slew of AI-driven capabilities across its Customer Experience Cloud Suite today that are designed to help users to deliver better, faster and more personal experiences. If you think you’ve heard this before, it’s because Oracle joins its customer experience competitors in offering a similar set of capabilities complete with underlying artificial… Read More
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Oracle acquires ad measurement company Moat
Oracle just announced that it has acquired ad measurement company Moat. Founded in 2010, Moat helps advertisers and publishers measure whether people see and interact with online ads. The need to create what CEO Jonah Goodhart has called “the currency for digital advertising” seems increasingly important given advertiser concerns around viewability, fraud and trust, and Moat has… Read More
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Workfit raises $5.5 million seed round to be your AI meeting assistant
Conversational AI is pushing deeper into enterprise with Workfit, a new startup promising to make conference call follow-ups and mid-meeting CRM updates as easy as playing a song or checking the weather on Google Home or Amazon Echo. Battery Ventures, Greycroft Partners, Salesforce Ventures and a number of angels joined together to finance a $5.5 million seed investment in the… Read More
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Oracle boosts cloud offering with Apiary API management tool acquisition
Oracle acquired API management startup Apiary today for an undisclosed amount. Apiary, which launched in 2011 and has raised a modest $8.5 million, helps companies manage APIs, which is an increasingly important job. As every company becomes a software company, they are building platforms and providing ways for customers and third-parties to build applications using their technologies.… Read More
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Oracle senior staffer resigns after CEO joins Trump transition team
A senior staff member of Oracle Corp., George A. Polisner, has resigned after the enterprise tech titan’s co-CEO, Safra Catz, joined the Trump transition team and stated her enthusiasm for the president-elect. As we reported last week, Trump recently convened a meeting of tech leaders and his children at Trump Tower in New York. Prior to the meeting Catz issued a public statement… Read More
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AWS goes after Oracle with new PostgresSQL support in Aurora
There were a lot of jokes and comments at Oracle’s expense today at the AWS re:Invent conference, but perhaps the boldest statement came when AWS announced it was adding PostgresSQL support to the AWS Aurora database, making it easier to move an Oracle database to the AWS cloud. Even as Oracle makes its own move to the cloud, it is still held up as the prime example of the… Read More
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Microsoft snatches HP CRM and service business from rivals Salesforce and Oracle
In what has to be characterized as huge win for Microsoft, it announced this morning it had secured a 6-year deal with HP, Inc to run Microsoft Dynamics’ customer relationship management (CRM) and service software. What’s more, it grabbed this deal at the expense of its rivals. HP, Inc. had been a Salesforce CRM customer, while Oracle had been its service software provider.… Read More
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HR 2.0 is the poster child for the next wave of SaaS innovation
The path for SaaS domination of a market segment has historically followed one of two routes: bringing previously offline workflows online, or moving on-premise software processes online. In short, SaaS would take over segments that previously were not SaaSified. Yet, the current wave of HR SaaS innovators the past few years is proving that there can be more to the story. Read More
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How to tell if your small company needs to expand through acquisitions
The market for mergers and acquisitions, particularly in software, is red-hot: Big private-equity firms, flush with cash, did 170 software deals worth $27.22 billion in the first half of 2016 alone. But the software M&A frenzy also highlights how smaller tech companies can turbocharge their growth by pursuing highly strategic, add-on acquisitions. Read More
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Oracle takes the cloud revenue fast track with $9.3 billion Netsuite deal
When Oracle bought NetSuite yesterday for a cool $9.3 billion in cash, it let the world know it was now totally serious about growing cloud computing revenue. That wasn’t always the case. In the early days of the cloud, Oracle was content to sit on the sidelines and make fun, while it raked in traditional license and maintenance revenue. In fact, CEO Larry Ellison famously ridiculed… Read More
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