Oracle Adds More Apps to Its Cloud With Skire Acquisition

Oracle, which has been on an acquisition tear lately, said July 19 that it has bought most of the assets of business software developer Skire, which makes a suite of capital program management and facilities management applications.

Skire’s applications, which Oracle will add to its growing collection of choices to be made available through its new Oracle Cloud, can also be used in on-premise deployments. Terms of the transaction were not revealed by Oracle.

Skire’s software consists of a set of management and governance tools that span all project phases from planning and building to operations, enabling companies to better manage their capital and construction programs.

By combining Skire with its Primavera products, Oracle intends to create a full lifecycle Enterprise Project Portfolio Management (EPPM) platform that provides a comprehensive offering from capital planning and construction to operations and maintenance for owners and operators, contractors and subcontractors, the company said.

The full suite of apps is designed to help organizations manage their projects with more predictability and financial control, improving profitability and operational efficiency.

To read the original eWeek article, click here: Oracle Adds More Apps to Its Cloud With Skire Acquisition

CIO Insight Staff
CIO Insight Staff
CIO Insight offers thought leadership and best practices in the IT security and management industry while providing expert recommendations on software solutions for IT leaders. It is the trusted resource for security professionals who need network monitoring technology and solutions to maintain regulatory compliance for their teams and organizations.

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