The Village View

Friday, December 15, 2006

A Would-Be Contender in Utilities: Oracle Buys SPL WorldGroup

My strategy team colleague, Kosin Huang, went on a tear today and posted 3 times to her blog, after somewhat of a blogging hiatus. In one of today's posts, she looks at Oracle's recent acquisition of SPL WorldGroup.

Why purchase SPL? Oracle's rationale was the following:
  1. Penetrate an industry where SAP is the clear leader. With SAP in a strong #1 position (over 800 utility customers & 300 CIS customers), Oracle saw an opportunity to buy a foothold in a market where it lacked presence.
  2. Existing Oracle utility products were weak or functionality was missing