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Friday
Nov092012

Oracle Buys Instantis 

 

Oracle's streak of acquisitions continues with Instantis, which provides on-premise project management solutions. With combining its Primavera and Fusion Applications with Instantis' Enterprise Track, Oracle will be able to provide a set of holistic cloud-based and on-premise enterprise project management solutions.

The announcement came last Thursday, Oracle's senior vice president and general manager said: " 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.....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." 

PPM applications help organizations manage track and report on their overall operations and strategies-- according to Oracle, other corporate initiatives will be able to be processed: from capital construction and maintenance to manufacturing, IT, new-product development, Lean Six Sigma.

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