Oracle Buys Primavera

See the full press release here.

 

Oracle Buys Primavera

Creates First, Comprehensive Enterprise Project Portfolio Management Solution for Project-Intensive Industries

Redwood Shores, CA – October 8, 2008

News Facts:

Today, Oracle announced it has agreed to acquire Primavera Software, Inc., a leading provider of Project Portfolio Management (PPM) solutions, to accelerate its momentum in delivering mission-critical operational applications.

Primavera’s PPM software helps companies propose, prioritize and select project investments, and plan, manage and control the most complex projects and project portfolios.

Together with Oracle’s applications and infrastructure software, Oracle expects to provide the first comprehensive enterprise project portfolio management solution that helps companies allocate the best resources, reduce costs, meet delivery dates and ultimately make better decisions, all by using real-time data.

Oracle Enterprise PPM will be tailored to project-intensive industries such as engineering and construction, aerospace and defense, utilities, oil and gas, manufacturing, and professional services.

Primavera employees and management are expected to join Oracle to form a global business unit (GBU) focused on Enterprise PPM, and to help ensure a smooth transition for Primavera customers and partners. Primavera’s CEO Joel Koppelman is expected to lead the business unit as Senior Vice President and General Manager.

The transaction is subject to customary closing conditions and is expected to close in the second half of 2008. Until the deal closes, each company will continue to operate independently. Financial details of the transaction were not disclosed.

Complete. Open. Integrated. Here.

Hear Oracle President Charles Phillips’ April 14 keynote from COLLABORATE08 as he reviews the path Oracle has taken and previews the road to come in the Applications Unlimited journey, with an update on Oracle’s strategy to enable business transformation with complete, open, and integrated enterprise software. Hear details on today’s available integrations, SOA integration, advances in Enteprise Performance Management, what’s new in Business Intelligence, Enterprise 2.0, and Oracle WebCenter.

Charles Phillips at Collab ’08

 

OpenWorld attendees, do you Bambhudda?

I might get in trouble for doing this, but if you’re a reader of this blog, AND you are going to OpenWorld this year in San Francisco, AND you’re a customer or other user of our Projects application (or at least interested in Projects), AND you want to attend our totally swank event on Tuesday night in the city, then all you have to do is join our OpenWorld Connect group (it’s totally free) and let me know about it! 

How easy is that?

Once you join our group on Connect, just send me a message to projectguru and you’ll be hooked up.

Shameless self promotion!

If you’re planning to go to Oracle OpenWorld this year in San Francisco (Nov 11-14th) be sure to make it to a session called Oracle Project Management for DoD Earned Value Compliance: ViaSat’s Perspective .

I will be introducing our customer ViaSat who have been doing some cool things with our Earned Value feature in Project Management.  Ryan Denner and Tim Cronin from ViaSat will be presenting the meat of the presentation and I’ll just be the wrapper for them.  We kick off on the Monday at 4.45 pm in Room 2016 - L2 (I have no idea where that is right now but I’m sure there will be maps).

If you come by and have read this blog please let me know if you like it or have any suggestions for topics!  Thanks.

Oracle Projects at the PMI conference

For those in the industry you probably know about the upcoming Global Congress put on by PMI in Atlanta.  The dates are October 6-9th, which to any sharp eyed reader starts over a weekend.  Leave it to the project managers to not want to miss a day of task progression!

Oracle Projects will have a squad of people at the show attending sessions, manning an exhibitor booth and most importantly speaking!!  Our session title is ‘Project Management Best Practices: Delivering Business Results’.  The full abstract is below.

“This session will deliver key insight into the industry-leading practices companies have adopted in managing their project-driven organizations. These highly actionable practices are based on the real-world experiences of thousands of customers with Oracle and PeopleSoft project management solutions, across industries, deploying project management practices, establishing, managing and governing their project management office (PMO), and driving corporate change initiatives. Adding to the depth of perspective is the unique insight provided by KenRob’s 25 years of project management consulting experience and intellectual capital. The speakers will first identify significant project management challenges and recommend best business practices to address these challenges.  The speakers will also provide guidance to assist in making the critical decisions involved in implementing software solutions to these challenges.  Finally, the audience will learn how to address these challenges with Oracle’s Projects solutions.”

You’ll find us in Room A309 on Sunday, October 7th from 12:30 p.m. – 2:00 p.m.

New and Improved Oracle Forums for Projects!!

Very recently Oracle revamped their customer forums and we’re just starting to let the world know.  Oracle EBS Projects has it’s own forum located here.  (Sign in is required)

Typically these forums have been used for queries like ‘create
table by trigger’
or ‘Getting Error: savepoint ‘CREATE_PROJECT_PUB’ never established’.  Well, our focus on repurposing the forums is to get the discussions more centered around business process related questions, best practices, industry trends and general questions about EBS Projects.  Our Metalink forums for customers are still the best place to post technical or error related questions.

As I say in my forum announcement, the success of this forum depends on you, the user. We hope that the members will identify problems and other members will offer up solutions. You can also spark new product ideas by describing your experiences and needs. Perhaps most importantly, you can help each other create a successful experience by sharing your experiences and lessons learned.

Check it out today.  As an added bonus for regular contributors that provide great value to the community, you can be nominated by me as an Oracle Ace!!  That means you get a really cool little ace of spades logo by your user name and tells the world you know your stuff.  What more could anyone want??