We use cookies to provide you with a better experience. If you continue to use this site, we'll assume you're happy with this. Alternatively, click here to find out how to manage these cookies

hide cookie message
80,258 News Articles

Oracle buys DataRaker for 'big data' analysis

DataRaker's products focus on analyzing smart-meter data from utilities

Oracle is planning to buy DataRaker in a move that will give it a cloud-based platform for analyzing data from smart meters used by energy utilities. Terms of the deal, which was announced Thursday, weren't disclosed.

Smart meters and the massive amounts of information they generate are frequently linked with the industry buzzword "big data," which typically refers to unstructured data formats. Oracle's pending acquisition of DataRaker ties into a broad movement by software vendors to sell products that customers can use to crunch these data sets for valuable insights.

DataRaker's technology will be combined with Oracle's application offerings for utilities, according to a FAQ document on the deal released Thursday.

It has a number of "high-performance, pre-packaged applications that can address many complex analytical challenges currently being faced by the utilities industry," according to the FAQ.

For example, DataRaker can help customers shorten the time it takes to handle calls, cut the number of field service appointments and give customers more personalized information, the FAQ adds.

DataRaker's staff will be rolled into Oracle Utilities. Its software is deployed at a number of utilities, covering more than 17 million smart meters, according to an Oracle presentation.

Chris Kanaracus covers enterprise software and general technology breaking news for The IDG News Service. Chris' email address is [email protected]


IDG UK Sites

iPad mini 3 vs iPad mini 2 comparison: New iPad mini 3 isn't worth £80 more

IDG UK Sites

Why you shouldn't buy the iPad mini 3: No wonder Apple gave it 10 seconds of stage time

IDG UK Sites

What's new in VR: the companies creating exciting new mixes of augmented and virtual reality

IDG UK Sites

Should I upgrade from Mavericks to OS X 10.10 Yosemite? What you need to know before updating to...