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Hard on the heels of a similar purchase last week, Oracle has announced it will pay $ 532 million to buy Opower, a provider of cloud services to the utilities industry.
Once a die-hard cloud holdout, Oracle has been making up for lost time by buying a foothold in specific industries through acquisitions such as this one. Last week’s Textura buy gave it a leg up in engineering and construction.
“It’s a good move on Oracle’s part, and it definitely strengthens Oracle’s cloud story,” said Frank Scavo, president of Computer Economics.
Capgemini has added Microsoft to its cloud services programme as it seeks to give a broader range of cloud services to more clients. Microsoft is the first in a number of vendors that CapGemini is seeking to add to its cloud service portfolio, it said.
Under the new Capgemini Cloud Choice with Microsoft scheme it will offer cloud advice, managed platforms and ‘applied integrated innovation’ services. Initiatives include OneShare, which speeds the testing and development of Microsoft Azure systems and offers to control costs through usage monitoring and resource scheduling.
A second mooted offering is SkySight, which is described as an ‘Azure-like’ private cloud which aims to help enterprises to speed up the installation of new applications. Capemini says it will help clients get value for money on managed services and fine-tune the configuration process.
A third scheme will create industry-focused IP offerings, such as a system tailored to the specific needs of the banking sector, based on the experiences of Capgemini’s own in house banking specialists. The domain expertise will be offered in all major industries, including pharmaceuticals, manufacturing and the health sector.
The cloud offering will cover all solutions encompassed within hybrid, public, hosted and private cloud services using Azure.
As part of the offering, Capgemini will align activities with independent software vendors and start-ups to create new ways of delivering integrated solutions. New ventures and start-ups will also benefit from the offering, Capgemini says, as partners will become a focal point for integrating new innovations into the Capgemini solutions portfolio.
The expansion comes after Capgemini subsidiary Sogeti reported that it managed to cut the costs of one client, Dutch postal service PostNL, by 20 per cent by migrating its IT services onto the cloud with Microsoft Azure.
“Capgemini helped us to define our roadmap to migrate more than 40 applications and now operates its Cloud Platform for us,” said Marcel Krom, CIO at PostNL. “We have reduced costs and gained flexibility in handling volume variances.”
Mumbai-based music-streaming service Saavn announced Thursday that former Vodafone chief executive Arun Sarin has joined as an investor and strategic advisor.
The news comes less than three months after the company announced $ 100 million in fresh funding. At the time, it said it was adding one million new users per month, with 14 million in total.
As of today, that number has grown to 18 million monthly active users, which it says represents a tenfold increase in daily active users in India since last year.
Beyond that, it’s claiming more than 20 million songs (over 250 million streams per month) and a global team of 145 people across five offices.
“Music streaming is a core app on today’s smartphones, and Saavn is superbly positioned to grow rapidly in the fast expanding smartphone market in India,” Sarin said in a statement.
“As an innovative and nimble music-streaming company, at the heart of one of the world’s most valuable markets, Saavn hits all the right notes,” he added.
Meanwhile, the company’s cofounder and chief executive, Rishi Malhotra, said that over 90 percent of the service’s usage is driven by smartphones, and that it plans to “work more deeply with carriers in India and additional territories” in the coming months.
Sarin’s investment amount was not disclosed.
The company’s most recent series C round in July was led by New York-based hedge fund Tiger Global Management, and at the time it said that it expects to hit 20 million users by the end of the year.
But while the service may be the market leader on its home turf in India, it certainly has its work cut out if it hopes to expand globally — an area in which Sarin’s expertise will no doubt help. That said, the company did not make any mention of expansion plans today.
In general, the music-streaming space has been busy.
Earlier this week, we reported that Deezer is planning an IPO later this year as the battle with rivals Spotify and Apple Music heats up. And Google Play Music continues to expand with its official entry into Japan a few weeks ago.
Microsoft’s Groove Music just announced support on Sonos speakers, and Spotify hasn’t managed to keep out of headlines either: On Wednesday it launched its new “Mix Mates” playlist generator to help friends find music they share in common. (We also heard rumors that Spotify will be supported on Google’s upcoming second-generation Chromecast.)
The announcements from Saavn today are encouraging, but it’s only just the beginning of the global music-streaming wars — and versus many of the other big players, its user numbers are still relatively low.
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At the recent Dreamforce 2015 conference announced that it has opened the programming model surrounding the Salesforce Wave Analytics Cloud.
The Coordination and Admissions Committee of the Mercado Alternativo Bursátil (MAB) has submitted to the Board of Directors a favourable report on …