Oracle Sets Its Sights on Engineering and Construction Industry With Textura Buy

Oracle is spending $ 663 million to buy Textura, a company that offers cloud services for the engineering and construction industry.

Textura’s products will be combined with Oracle’s existing Primavera project-management suite — the result of a 2008 acquisition by the database giant — in the Oracle Engineering and Construction Global Business Unit, Oracle announced on Thursday. The focus of that unit will be offering a comprehensive cloud-based project control and execution platform that manages all phases of engineering and construction projects.

“The increasingly global engineering and construction industry requires digital modernization in a way that automates manual processes and embraces the power of cloud computing to easily connect the construction job site, reduce cost overruns and improve productivity,” said Mike Sicilia, a senior vice president at Oracle who will lead the newly expanded business unit.

To read this article in full or to leave a comment, please click here

Computerworld Cloud Computing

Related Posts:


Sony Ignores Apple And Sets An Ambitious Price For Xperia Z5 Premium

Sony has had a good week with the reveal of the Sony Xperia Z5 family of smartphones at Berlin’s IFA trade show, and with news of the pricing on the handsets, it could be a very nice end of the year for the Japanese company. It certainly looks more promising than the first half of 2015 now the pricing has been announced.

Cloud Computing

All articles