Oracle said Thursday that it’s buying California-based DataRaker for its cloud-based analytics platform, which pulls Big Data off utilities’ sensors and smart meters.
It’s supposed to help electric, gas and water utilities improve their operations and efficiency.
Oracle didn’t say what it’s paying.
It said, “Leading-edge utilities are investing in infrastructure to collect massive amounts of data from millions of distributed smart meters and sensors, and they require modern technologies to analyze and understand the insights provided by this data.”