Oracle Buys Assets of Skire
Oracle recently announced a new agreement to acquire substantially all of the assets of Skire, , a leading provider of capital program and facilities management management applications available both in the cloud and on-premise. This report was made available to us by Claire Alexander, PR manager for Africa.
Skire’s software provides a complete set of management and governance tools across all project phases from planning and building to operations, enabling companies to efficiently manage their capital and construction programs.
By combining Skire with industry leading capabilities from Oracle Primavera products, Oracle intends to create a full life cycle Enterprise Project Portfolio Management (EPPM) platform that provides a comprehensive offering from capital planning and construction to operations and maintenance for owners and operators, contractors and sub-contractors.
This combination is expected to help organizations manage their projects with more predictability and financial control, improving profitability and operational efficiency.
