Instantis compliments the existing Oracle’s Primavera product offerings and is expected to operate as an independent business as usual. While Primavera itself is an acquired product dated back to 2008 the giant has also acquired Skire, a capital program management and facilities management application in July this year. Instantis comes with in-built managers for Strategy planning, idea/demand/proposal management, capacity/resource mobilization, project execution and lastly measurement of financials, metrics and surveys.
While acquisition has been the bread and butter strategy for Oracle, what amuses me is the slow acquisition of similar project and portfolio solutions this year to add it to already acquired Primavera. Are all these acquired solutions really that different and Oracle's Primavera that un-scalable that it has to acquire and merge the products to offer best of breed solutions? Possibly not, more over its a real pain to come with an integrated prodcut strategy or integration of such varied systems, so thats out of question. The only other reason one could really see is the eye catching customer base that Instantis comes with in Manufacturing, Healthcare, Services, Distribution and other sectors along with established resellers for the product and solution partners. A short term investment with long term gain that Oracle somehow makes it work every time.
By combining Instantis with leading capabilities from Oracle’s Primavera and Fusion Applications, Oracle expects to provide the most comprehensive set of cloud-based and on-premise Enterprise Project Portfolio Management (EPPM) solutions. The Instantis management team and employees are expected to join Oracle as part of the Oracle Primavera Global Business Unit, ensuring the continuity of products and services delivery for Instantis customers and bringing significant domain expertise to Oracle.
Oracle has stated that it would continue to invest in Instantis’ technology, evolving the solutions organically and deepening the integration capabilities with Oracle technology. Oracle expects to create the most comprehensive set of cloud-based and on-premise EPPM solutions for companies across the full spectrum of project complexity.
“Organizations realize the need for a more simplified approach to address project portfolio management initiatives – and yet most solutions are too complicated and expensive to deploy,” said Mike Sicilia, senior vice president and general manager, Oracle Primavera. “By adding Instantis, Oracle can help customers gain complete visibility and control of their mission-critical project initiatives using a top-down approach suited for projects throughout the entire organization.”