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SlideshowOracle Buying Construction Specialist Aconex for $1.2B

Cloud construction
(Source: ECN)
Cloud construction
(Source: ECN)

Phil_Britt 12/26/2017 | 5:24:29 PM
Re: Aconex It could be a boon for Oracle for years to come, but the U.S. economy at least is due for a recession. Nothing specific on the horizon, but historically, they occur about every seven years.
kq4ym 12/26/2017 | 8:40:11 AM
Re: Aconex With what seems to be a construction boom happening globally this is probably an arena that will be highly profitable in for Oracle in years to come. Noting that possibilities of " end-to-end construction project management through the cloud that touches all aspects of these large-scale endeavors," and a trillion dollars in business the company brings to the table it should all be for the good.
Susan Fourtané 12/22/2017 | 5:42:31 AM
There is always room for one more I am quite familiar with Oracle’s supply chain products but I didn’t know about its dedicated Construction and Engineering Cloud. In fact, this information comes handy right now. There is always room for one more company under the hood. Perhaps even more aquisitions, if the opportunity presents itself?
Ariella 12/18/2017 | 10:25:22 AM
Re: Aconex @Scott I didn't know they were interested in that vertical in particular. I suppose they have done their own reserch that made them convinced it is worth pursuing now.
Scott_Ferguson 12/18/2017 | 10:21:21 AM
Re: Aconex @Ariella: The construction industry does have a lot of its own rules and terminology that it's a very highly specialized vertical within the enterprise. I know a lot of small companies specialize in construction, much like healthcare. I was actually surprised that Oracle has such a large part of its business dedicated to this. 
Ariella 12/18/2017 | 9:55:11 AM
Aconex Intereresting acquistion. Does one have to specialize to win some share of the construction market then?
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