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Oracle has entered into an agreement to acquire DataRaker, a provider of a cloud-based analytics platform for utilities. DataRaker's solutions transform meter, customer and network data into insights that can have a dramatic impact on organizational performance, according to Oracle.

"Big data created by smart meters and sensors has presented utilities with an enormous opportunity to improve operations and deliver better customer service by acting on the unique insights that can only be found by understanding the massive amounts of data coming from their customers and networks," explains Rodger Smith, senior vice president and general manager of Oracle Utilities. “With DataRaker, Oracle can provide customers [with] a complete and integrated set of products to further unlock efficiencies and create data insights that maximize business value."



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