Oracle is buying a company called LiveLOOK, which developed technology that lets service and salespeople navigate webpages at the same time as potential or existing customers, the tech company announced today. Earlier this week news broke about Oracle’s interest in buying Micros Systems, a seller of hardware and software for hotels, restaurants, stores, and back-office facilities.
Oracle is the gold standard for database technology and applications in enterprises throughout the world. LiveLOOK is the global leader in the development of instant, mobile-friendly visual collaboration technologies. This article was written by Johan Louwers from CapGemini: Capgemini Oracle Blog and was legally licensed through the NewsCred publisher network.
International consultancy and construction company, Mace has chosen Oracle Enterprise Resource Planning Cloud including Oracle Procurement Cloud and Oracle Project Portfolio Management Cloud, Oracle Planning and Budgeting Cloud Service and Oracle Human Capital Management Cloud applications. Headquartered in the UK, Mace offers integrated services across the full property and infrastructure life cycle across the globe, with experts in programme and project management, construction delivery, cost consultancy and facilities management. Commenting on the news, Dennis Hone, Group Finance Director at Mace said, “We pride ourselves on an agile culture that puts our clients first and ensures the highest levels of quality in all that we do. Oracle has entered into anA agreement to buy NetSuite, which provides cloud-based accounting, enterprise resource planning, customer relationship management, and other business software packages, for US$9.3 billion. The NetSuite package of products is complementary to Oracle's cloud products and the companies' cloud packages will "coexist in the marketplace forever," Mark Hurd, Oracle's CEO, said in a press release.

The deal will allow Oracle to serve a broader range of customers, including smaller businesses, and expand to more industries and more countries, the company said. NetSuite began offering cloud-based products way back in 1998, and Oracle called it the "very first" cloud company. NetSuite focuses on several industries, including healthcare, wholesale distributing, manufacturing, nonprofits, and media and publishing. Slideshare uses cookies to improve functionality and performance, and to provide you with relevant advertising. Oracle reported another mixed financial quarter, breaking even on quarter-to-quarter revenue and showing  a healthy return on stock investment, but missing Wall Street analysts' expectations on overall performance. On March 17, Oracle posted adjusted third-quarter earnings per share of 68 cents, meeting Wall Street projections. In choosing to look on the bright side for its investors, the company noted that its growth in the cloud sector has been faster than senior executives anticipated. Oracle also announced that its board of directors declared a quarterly cash dividend of 15 cents per share of outstanding common stock, reflecting a 25 percent increase over the current quarterly dividend of 12 cents. The fully integrated solution will be implemented globally across 30 countries by Inoapps, a Platinum level member of Oracle PartnerNetwork (OPN).
Hone’s comments adding, “Mace has built its excellent reputation by offering a full range of high quality expertise, coupled with an unwavering dedication to its customers and finding a better way.

The deal is subject to regulatory approval and to NetSuite stockholders agreeing to sell their shares, Oracle said. It also allows us to utilise multiple integrated applications consistently across the globe. Organisations around the world are increasingly turning to Oracle’s Cloud Applications for the most complete breadth and depth of functionality needed to scale and support their growth. Analysts had expected Oracle to report $9.46 billion in revenue, according to a consensus estimate from Thomson Reuters. However, one of the prime business processes we see moving to the cloud is human resources related. Oracle’s tightly integrated cloud applications will support Mace in maintaining these standards globally and we are delighted that they have chosen Inoapps as their sole international implementation partner.

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