ORACLE PeopleSoft Industrial Analytics Software

Oracle provides a broad range of software applications, platforms, and infrastructure technology with associated professional and managed services, to various industry verticals. The company invests a significant amount of its revenue in R&D, and has increased its R&D expenditure in the recent 3 consecutive years, from 2014 to 2016. The R&D expenditure in 2016 was approximately 16% of the total revenue. Oracle has adopted organic and inorganic strategies. Oracle maintains its leading position by providing new and updated products across the industry. The company’s organic strategy includes product launches and product developments. For instance, in March 2017, Oracle launched a new product, Oracle Utilities Operational Device Cloud Service, to serve its utility customers in a better way. Further, as a part of its inorganic growth strategy, it entered into various partnerships and collaborations. For example, in April 2016, Oracle partnered with General Electric to build and integrate complementary solutions for businesses, to digitally connect industrial assets across the world.