Oracle continued its buying spree in construction software by announcing its acquisition of Aconex. Oracle adds Aconex to Primavera, Skire and Textura.
Two of the most complicated business transactions you will ever see–mortgage origination and equipment leasing are being automated.
Verisk Analytics announced it will acquire PowerAdvocate. You’ve never heard of them because they are vertical big data plays. But they are worth studying!
Don’t be distracted by the free stuff. To truly understand the business of software platforms, you need to follow the money side!
The Fortune Future 50 may say more about the present than the future, either way the list is chock full of enterprise software companies.
GPOs keep consolidating and for good reason: they have a unique business model and often have extraordinary EBITDA. Say hello to the PE firms!
Avendra, a GPO, was purchased by Aramark for $1.3 billion. The big winner was Marriott who invested $13 million and will reap $650 million, albeit 17 years later.
Symphony, a bank consortium, is starting to get some traction against Bloomberg. Bloomberg is responding very aggressively. Game on.
The FANG companies and other software platforms went from great business success stories to under investigation in a flash. Market dominance means oversight!