This Energy Insights NewsFlash discusses the November 3 announcement by Oracle — after months of speculation and rumor —that it acquired utility software vendor SPL WorldGroup. Oracle has a large installed base in utilities, but until this acquisition, the company had in essence not committed, organizationally or with industry-specific functionality for utility operations. On the other hand, SAP has long had functionality for utility companies, with the sector representing one of its strongest verticals. With the acquisition of SPL WorldGroup, Oracle has signaled that it is taking on SAP head-to-head in this industry.
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