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Posted by Ray Wang on October 8, 2008
Oracle’s announcement that it has acquired Primavera should not be seen as surprising – it’s a coming together of two market leaders. Oracle’s acquisition should be viewed as extremely positive. Primavera has long dominated the enterprise/capital project and program management space, from the planning and scheduling perspective, while Oracle is the leading project financials vendor. Primavera is a financially robust vendor with a solid management team; it has been a project management specialist for 25 years, however, rapid market consolidation had made it difficult for niche players like Primavera to break into enterprise sales; existing relationships with enterprise vendors kept Primavera relegated to field level projects. Oracle’s thin PPM offering made it difficult for the vendor to venture beyond the comptroller’s or cost account manager’s office; the combination of the two offerings will provide one of the most viable offerings in the PBS market.
This acquisition works for a number of reasons:
Potential gotchas for the acquisition:
Posted by Margo Visitacion and R "Ray" Wang