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Oracle Bolsters Its Utilities Product Suite With DataRaker Acquisition


Written by  Sudheer Raju | 14 December 2012
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oracleOracle has been on a roll through the year acquiring SaaS based solutions and has announced yet another acquisition in DataRaker, a provider of a cloud-based analytics platform that enables electric, gas and water utilities to leverage vast amounts of data to optimize operational efficiency and improve the customer experience.

 

 

Oracle comes with a commanding suite of products for utilities sector which covers Meter Data Management, Field Service, Work and Asset Management, Network management, Supply, Smart Grid and Smart Meter Management. Further value add comes from the integration of this utilities specific product suite with service desk, customer management, BI and analytics systems. DataRaker's cloud-based analytics, when combined with Oracle Utilities solutions, are expected to transform meter, customer, network and asset Big Data for improved decision-making capabilities claims Oracle.

DataRaker is built ground-up using the latest Web 2.0 technologies and the foundation to its software, the Analytical Data Store (ADS) is built by deriving proprietary data elements from the Meter Data and meter usage patterns. Moreover it exposes web services and file based interface layer to integrate with downstream systems. Offered as SaaS, DataRaker has been designed to be able to load, store, process, and present very large amounts of data to be processed into visual analytics.

While 2012 has seen considerable maturity within big data and visualization software, the next few years should be seeing an evolution of domain specific big data solutions and Oracle so to speak this year has shown one common aspect in most of its acquisitions. It is acquiring products that are specific to a vertical, which in this case is big data analytics for utilities. DataRaker's new technology to provide analytics for utilities data at a big data scale, lets hope will continue to meet the demands of millions of investment that companies are investing on analytics and visualization.

Sudheer Raju

Sudheer Raju

Founder of ToolsJournal, a technology journal on software tools and services. Sudheer has overall accountability for the webiste product development and is responsible for Sales and Marketing. With a flair to write, Sudheer himself writes for toolsjournal across all journal categories.


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