Oracle bolsters its cloud business with acquisition of DataScience.com

MARIA DEUTSCHER | May 16, 2018

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Oracle Corp. is looking to expand the analytics capabilities of its cloud platform with a new strategic acquisition. The technology giant this morning announced that it has inked an agreement to buy DataScience.com Inc., a venture-backed startup with a platform for powering analytics projects. The software, which can run both in the cloud and on companies’ in-house infrastructure, is touted as a “fully governed workspace” for data science teams. DataScience.com enables users to set up a customized environment for their projects via a fairly simple wizard. Analytics professionals can specify how much computing power, memory and storage capacity they require, as well as define the configuration settings. If they’re running the platform in the cloud, they also have the option of setting up an environment on virtual machines equipped with graphic processing units, which are useful for artificial intelligence projects.

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