Oracle Buys Big Data Analytics Firm DataRaker

Oracle has purchased yet another company, this time snapping up big data analytics vendor DataRaker. The smaller firm makes tools that allow utilities to analyze data from “smart meters.”

All Things D’s Arik Hesseldahl reported, “Oracle says it will acquire DataRaker, a player in the business of big data analytics that specializes in working with data generated by smart meters used by the gas and electrical industries. Since DataRaker is relatively small and privately held, financial terms aren’t being disclosed. By my count, and it may be wrong, this is Oracle’s ninth acquisition of 2012.”

According to GigaOm’s Barb Darrow, “DataRaker’s technologies will tie into Oracle’s existing Utilities Solutions, according to Oracle. Energy and water load tracking and forecasting using data from dispersed meters as well as weather and other data is a textbook big data use case and Oracle is busily chasing big data opportunities.”

Eric Savitz from Forbes observed, “This sounds like an ‘Internet of things’ play. Oracle notes that ‘leading-edge utilities are investing in infrastructure to collect massive amounts of data from millions of distributed smart meters and sensors, and they require modern technologies to analyze and understand the insights provided by this data.'”

Bloomberg’s Randall Hackley noted, “Besides Sausalito, California-based DataRaker, meter data management vendors such as eMeter, now part of Siemens AG (SIE), Ecologic Analytics of Toshiba Corp. (6502) and Itron Inc. (ITRI) ‘have all boosted the analytical capabilities of their products,’ [Bloomberg analyst Maxime] Serrano Bardisa said from London. Oracle Utilities ‘competes closely with each of these companies and the DataRaker acquisition helps strengthen their position,’ he said.”

RELATED NEWS AND ANALYSIS

• Ethics and Artificial Intelligence: Driving Greater Equality

  FEATURE |  By James Maguire,
  December 16, 2020

• AI vs. Machine Learning vs. Deep Learning

  FEATURE |  By Cynthia Harvey,
  December 11, 2020

• Huawei’s AI Update: Things Are Moving Faster Than We Think

  FEATURE |  By Rob Enderle,
  December 04, 2020

• Keeping Machine Learning Algorithms Honest in the ‘Ethics-First’ Era

  ARTIFICIAL INTELLIGENCE |  By Guest Author,
  November 18, 2020

• Key Trends in Chatbots and RPA

  FEATURE |  By Guest Author,
  November 10, 2020

• Top 10 AIOps Companies

  FEATURE |  By Samuel Greengard,
  November 05, 2020

• What is Text Analysis?

  ARTIFICIAL INTELLIGENCE |  By Guest Author,
  November 02, 2020

• How Intel’s Work With Autonomous Cars Could Redefine General Purpose AI

  ARTIFICIAL INTELLIGENCE |  By Rob Enderle,
  October 29, 2020

• Dell Technologies World: Weaving Together Human And Machine Interaction For AI And Robotics

  ARTIFICIAL INTELLIGENCE |  By Rob Enderle,
  October 23, 2020

• The Super Moderator, or How IBM Project Debater Could Save Social Media

  FEATURE |  By Rob Enderle,
  October 16, 2020

• Top 10 Chatbot Platforms

  FEATURE |  By Cynthia Harvey,
  October 07, 2020

• Finding a Career Path in AI

  ARTIFICIAL INTELLIGENCE |  By Guest Author,
  October 05, 2020

• CIOs Discuss the Promise of AI and Data Science

  FEATURE |  By Guest Author,
  September 25, 2020

• Microsoft Is Building An AI Product That Could Predict The Future

  FEATURE |  By Rob Enderle,
  September 25, 2020

• Top 10 Machine Learning Companies 2021

  FEATURE |  By Cynthia Harvey,
  September 22, 2020

• NVIDIA and ARM: Massively Changing The AI Landscape

  ARTIFICIAL INTELLIGENCE |  By Rob Enderle,
  September 18, 2020

• Continuous Intelligence: Expert Discussion [Video and Podcast]

  ARTIFICIAL INTELLIGENCE |  By James Maguire,
  September 14, 2020

• Artificial Intelligence: Governance and Ethics [Video]

  ARTIFICIAL INTELLIGENCE |  By James Maguire,
  September 13, 2020

• IBM Watson At The US Open: Showcasing The Power Of A Mature Enterprise-Class AI

  FEATURE |  By Rob Enderle,
  September 11, 2020

• Artificial Intelligence: Perception vs. Reality

  FEATURE |  By James Maguire,
  September 09, 2020