REDWOOD SHORES, Calif., May 16,
2018 /PRNewswire/ -- Oracle today announced that it has
signed an agreement to acquire DataScience.com, whose platform
centralizes data science tools, projects and infrastructure in a
fully-governed workspace.
Data science teams use the platform to organize work, easily
access data and computing resources, and execute end-to-end model
development workflows. Leading organizations like Amgen, Rio Tinto,
and Sonos are using the DataScience.com platform to improve
productivity, reduce operational costs and deploy machine learning
solutions faster to power their digital transformations.
DataScience.com empowers data scientists to deliver the
business-changing insights executives expect in less time with
self-service access to open source tools, data and computing
resources, while also improving the ability of IT teams to support
that work. Oracle embeds Artificial Intelligence (AI) and machine
learning capabilities across its software as a service (SaaS) and
platform as a service (PaaS) solutions, including big data,
analytics and security operations, to enable digital
transformations. Together, Oracle and DataScience.com will provide
customers with a single data science platform that leverages Oracle
Cloud Infrastructure and the breadth of Oracle's integrated SaaS
and PaaS offerings to help them realize the full potential of
machine learning.
"Every organization is now exploring data science and machine
learning as a key way to proactively develop competitive advantage,
but the lack of comprehensive tooling and integrated machine
learning capabilities can cause these projects to fall short," said
Amit Zavery, Executive Vice
President of Oracle Cloud Platform, Oracle. "With the combination
of Oracle and DataScience.com, customers will be able to harness a
single data science platform to more effectively leverage machine
learning and big data for predictive analysis and improved business
results."
"Data science requires a comprehensive platform to simplify
operations and deliver value at scale," said Ian Swanson, CEO of DataScience.com. "With
DataScience.com, customers leverage a robust, easy-to-use platform
that removes barriers to deploying valuable machine learning models
in production. We are extremely enthusiastic about joining forces
with Oracle's leading cloud platform so customers can realize the
benefits of their investments in data science."
More information about this announcement is available at
www.oracle.com/datascience.
Additional Information
Oracle and DataScience.com
Customer and Partner Letter
FAQ
General Presentation
About Oracle
The Oracle Cloud offers complete SaaS application suites for
ERP, SCM and CX, plus best-in-class database Platform as a Service
(PaaS) and Infrastructure as a Service (IaaS) from data centers
throughout the Americas, Europe
and Asia. For more information
about Oracle (NYSE: ORCL), visit oracle.com.
Trademarks
Oracle and Java are registered trademarks of Oracle and/or its
affiliates. Other names may be trademarks of their respective
owners.
Oracle is currently reviewing the existing DataScience.com
product roadmap and will be providing guidance to customers in
accordance with Oracle's standard product communication policies.
Any resulting features and timing of release of such features as
determined by Oracle's review of DataScience.com's product roadmap
are at the sole discretion of Oracle. All product roadmap
information, whether communicated by DataScience.com or by Oracle,
does not represent a commitment to deliver any material, code, or
functionality, and should not be relied upon in making purchasing
decisions. It is intended for information purposes only, and may
not be incorporated into any contract.
Cautionary Statement Regarding Forward-Looking
Statements
This document contains certain forward-looking statements about
Oracle and DataScience.com, including statements that involve risks
and uncertainties concerning Oracle's proposed acquisition of
DataScience.com, anticipated customer benefits and general business
outlook. When used in this document, the words "anticipates",
"can", "will", "look forward to", "expected" and similar
expressions and any other statements that are not historical facts
are intended to identify those assertions as forward-looking
statements. Any such statement may be influenced by a variety of
factors, many of which are beyond the control of Oracle or
DataScience.com, that could cause actual outcomes and results to be
materially different from those projected, described, expressed or
implied in this document due to a number of risks and
uncertainties. Potential risks and uncertainties include, among
others, the possibility that the transaction will not close or that
the closing may be delayed, the anticipated synergies of the
combined companies may not be achieved after closing, the combined
operations may not be successfully integrated in a timely manner,
if at all, general economic conditions in regions in which either
company does business may deteriorate and/or Oracle or
DataScience.com may be adversely affected by other economic,
business, and/or competitive factors. Accordingly, no assurances
can be given that any of the events anticipated by the
forward-looking statements will transpire or occur, or if any of
them do so, what impact they will have on the results of operations
or financial condition of Oracle or DataScience.com. You are
cautioned to not place undue reliance on forward-looking
statements, which speak only as of the date of this document.
Neither Oracle nor DataScience.com is under any duty to update any
of the information in this document.
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SOURCE Oracle