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Oracle Goes Deeper Into The Cloud
Right on the heels of a similar acquisition 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.
Opower’s big-data platform helps utilities improve customer service, reduce costs and meet regulatory requirements. It currently stores and analyzes more than 600 billion meter readings from 60 million end customers. Opower claims more than 100 global utilities among its clients, including PG&E, Exelon and National Grid.
Opower will continue to operate independently until the transaction closes, which is expected later this year. The union will create the largest provider of mission-critical cloud services to an industry that’s worth $2.3 trillion, Oracle said.
Oracle’s Utilities business delivers applications and cloud services that automate core operational processes and enable compliance for global electric, gas and water utilities.
“Oracle’s industry organizations maintain unique domain knowledge, specialized expertise and focused product investments,” said Rodger Smith, a senior vice president who leads the Utilities global business unit, in a letter to customers and partners. “This model has proven highly successful across several industries, and we look forward to bringing these same benefits to the customers of Opower.”
Source- http://www.thegurureview.net/aroundnet-category/oracle-pushes-deeper-into-cloud-computing-with-another-acquisition.html
Drones To Have Intel Inside
Intel is taking its competitive game up a notch by investing in its own drones.
Intel has written a check for more than US$60 million to Yuneec International, a Chinese aviation company and drone maker.
This is not the first time that the Chipmaker has invested in drones. It has written smaller amounts for the drone makers Airware and PrecisionHawk. The Yuneec deal is its largest investment in a drone company yet.
Apparently Intel thinks that drones are potential computing platforms for its processors.
Intel CEO Brian Krzanich said he believed in a smart and connected world. And one of the best ways to bring that smart and connected world to everyone and everywhere has been drones.
Amazon and Google are developing drones as they seek new ways to deliver items to consumers, Intel just wants to make sure that its chips are delivering the payload. There is no indication that it is building a secret airforce which it will use to take down competition – that would be silly.
Yuneec makes a range of drones built for aerial photography and imaging. Its technology also powers manned electric aircraft.
Source-http://www.thegurureview.net/computing-category/drones-to-have-intel-inside.html
Stanford Develops Carbon Nanotubes
Researchers at Stanford University have demonstrated the first functional computer constructed using only carbon nanotube transistors.
Scientists have been experimenting with transistors based on carbon nanotubes, or CNTs, as substitutes for silicon transistors, which may soon hit their physical limits.
The rudimentary CNT computer is said to run a simple operating system capable of multitasking, according to a synopsis of an article published in the journal Nature.
Made of 178 transistors, each containing between 10 and 200 carbon nanotubes, the computer can do four tasks summarized as instruction fetch, data fetch, arithmetic operation and write-back, and run two different programs concurrently.
The research team was led by Stanford professors Subhasish Mitra and H.S. Philip Wong.
“People have been talking about a new era of carbon nanotube electronics moving beyond silicon,” Mitra said in a statement. “But there have been few demonstrations of complete digital systems using [the] technology. Here is the proof.”
IBM last October said its scientists had placed more than 10,000 transistors made of nano-size tubes of carbon on a single chip. Previous efforts had yielded chips with just a few hundred carbon nanotubes.