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Who is world's second richest man? Meet Larry Ellinson who beat Bezos and Zuckerberg, his net worth is Rs..., business is...
Who is world's second richest man? Meet Larry Ellinson who beat Bezos and Zuckerberg, his net worth is Rs..., business is...

India.com

time15-07-2025

  • Business
  • India.com

Who is world's second richest man? Meet Larry Ellinson who beat Bezos and Zuckerberg, his net worth is Rs..., business is...

New Delhi: For some time, the list of world's top 10 richest men was a bit stagnant, with Tesla and SpaceX owner Elon Musk perched at the top followed by Amazon's Jeff Bezos and Meta's Mark Zuckerberg. Now, Jeff Bezos and Mark Zuckerberg have gone down one rank each and the number two position has been acquired by Larry Ellison, the Oracle co-founder whose net worth shot up to an estimated $275.9 billion in July 2025. Who are the top 4 richest people? Elon Musk remains the world's richest person, with $411.4 billion followed by Larry Ellison of Oracle with $275.9 billion. Mark Zuckerberg is now at third place with $235.7 billion, followed by Jeff Bezos at fourth place with $227 billion. The sudden surge in Larry Ellison's fortune has come on the back of a powerful rally in Oracle's stock, which soared 32% in June alone. Ellison holds nearly 41% of Oracle while he added more than $56 billion in just over a month. With Ellison at the forefront, Oracle's strong earnings and momentum in the tech sector have turned it into a key player in the AI arms race. Who is Larry Ellison? Lawrence Ellison is an American businessman and entrepreneur who co-founded software company Oracle Corporation. He was Oracle's chief executive officer (CEO) from 1977 to 2014 and is now its chief technology officer and executive chairman. As of June 2025, Ellison was the third-wealthiest person in the world, according to Bloomberg Billionaires Index and the second-wealthiest person in the world according to Forbes. Larry Ellison has, since 1977, led Oracle to success and recognition worldwide with strong earnings and provided it a fillip in the tech sector turning the company into a key player in the AI arms race. His vision and assertive business tactics led Oracle to become one of the world's largest database software provider and a formidable player in enterprise tech. Ellison was born in New York City in 1944 to to Florence Spellman, an unwed Jewish mother. His biological father was an Italian-American United States Army Air Corps pilot. He was raised by his aunt and uncle on Chicago's South Side. He dropped out of college twice, then spent 10 years coding for companies like Ampex and Amdahl. How was Oracle formed? Larry Ellison, Bob Miner, and Ed Oates co-founded Oracle in 1977 in Santa Clara, California, as Software Development Laboratories (SDL). SDL changed its name to Relational Software, Inc (RSI) in 1979, then again to Oracle Systems Corporation in 1983, to align itself more closely with its flagship product Oracle Database. Among Oracle's early success was a $50,000 Central Intelligence Agency (CIA) contract to develop a relational database management system, codenamed Oracle. That contract not only gave the company its name but also its first major customer. Within two years of formation, Oracle released the first commercial version of its SQL-based database system. Ellison left the post of the CEO in 2014 but remains chairman and chief technology officer.

Oracle's Cloud Expansion via AWS: 3 Key Reasons to Hold the Stock Now
Oracle's Cloud Expansion via AWS: 3 Key Reasons to Hold the Stock Now

Globe and Mail

time09-07-2025

  • Business
  • Globe and Mail

Oracle's Cloud Expansion via AWS: 3 Key Reasons to Hold the Stock Now

Oracle Corporation ORCL reached a critical inflection point with its Oracle Database@AWS launch, completing partnerships across all major hyperscalers, including Amazon AMZN, and positioning the company as a crucial bridge between traditional enterprise computing and AI-driven cloud infrastructure. The stock has surged 43% year to date, reflecting strong execution of its cloud transformation strategy, while trading at a 17.7x forward P/E despite elevated growth expectations. Oracle's fourth-quarter 2025 results validated this transformation thesis, with total revenues of $15.9 billion (up 11% YoY) and cloud infrastructure revenue growth accelerating to 52%. The company's raised fiscal 2026 guidance projects more than $67 billion in revenues (16% growth) and expects cloud infrastructure growth to exceed 70%. Oracle's $138 billion remaining performance obligations (RPO) backlog provides unprecedented revenue visibility, while a $30 billion annual cloud deal with OpenAI starting fiscal 2028 represents a potential game-changer for the business. The Zacks Consensus Estimate for fiscal 2026 revenues is currently pegged at $66.55 billion, suggesting growth of 15.94% from the year-ago quarter's reported figure. The consensus mark for fiscal 2026 earnings is pegged at $6.71 per share, up 1.1% over the past 30 days. Find the latest earnings estimates and surprises on Zacks Earnings Calendar. Database@AWS Completes Multicloud Strategy The Oracle Database@AWS launch represents more than a technical integration — it's a strategic completion of Oracle's "infrastructure anywhere" vision. Unlike simple cloud interconnections, Oracle deploys its cloud infrastructure physically within AWS data centers, providing customers with native Oracle database services, including Autonomous Database and Exadata, while maintaining seamless integration with AWS services like Amazon Redshift and SageMaker. Key differentiators include zero-ETL integration capabilities, Oracle Database 23ai with AI Vector Search, and the ability to use existing AWS commitments through the AWS Marketplace. Early enterprise adopters, including Fidelity Investments, Nationwide, and SAS, have highlighted the elimination of previous friction points that kept Oracle workloads off AWS infrastructure. This partnership completes Oracle's coverage across all major cloud providers like AWS, Microsoft MSFT Azure, Alphabet GOOGL -owned Google Cloud, addressing the reality that 98% of enterprises use or plan to use multiple cloud providers. The database multicloud revenue surge of 115% quarter over quarter in fourth-quarter 2025 demonstrates strong customer demand for this flexibility. Strong Financial Execution Drives Growth Oracle's fourth-quarter 2025 performance exceeded Wall Street expectations across key metrics, with cloud services revenues of $6.7 billion (up 27% YoY) driving overall growth. Cloud infrastructure revenues reached $3.0 billion with 52% growth, while the broader cloud business approaches a $12 billion annual run rate. Operating margins remain healthy at 44%, though near-term pressure is expected as the company scales its infrastructure investments. The company's ambitious fiscal 2026 guidance reflects confidence in demand acceleration. Management projects cloud infrastructure growth exceeding 70% in fiscal 2026, up from 50% in fiscal 2025, while total cloud growth should exceed 40%. RPO growth is expected to surpass 100%, indicating strong customer commitment to Oracle's cloud services. Capital expenditure is expected to exceed $25 billion in fiscal 2026, representing Oracle's largest infrastructure investment cycle. While this creates near-term free cash flow pressure, the company's $138 billion RPO backlog provides strong visibility into returns on these investments. AI Infrastructure Positioning Creates Competitive Advantages Oracle's strategic pivot toward AI infrastructure has positioned the company as a critical enabler of enterprise AI adoption. The $30 billion annual cloud deal with OpenAI through the Stargate project represents validation of Oracle's AI infrastructure capabilities, while partnerships with Meta, NVIDIA, and other AI leaders demonstrate broadening enterprise adoption. Oracle Database 23ai introduces more than 300 new AI-focused features, including native vector search capabilities that eliminate the need for separate vector databases. This converged approach allows customers to run AI workloads directly alongside traditional database operations, reducing complexity and maintaining Oracle's database-centric competitive moat. The company's infrastructure expansion includes 47 new data centers under construction, with customers already requesting all available cloud capacity. Oracle's unique positioning in providing AI infrastructure while maintaining enterprise-grade database capabilities differentiates it from pure-play cloud providers. Investment Outlook and Valuation Oracle trades at a three-year EV/EBITDA multiple of 28.93x, substantially above the Zacks Computer-Software industry average of 20.12x, indicating premium valuation expectations. The company's transformation success depends on flawless execution of its massive infrastructure investment cycle, while competitive pressure from AWS, Microsoft Azure, and Google Cloud remains intense. ORCL's EV/EBITDA TTM Ratio Depicts Premium Valuation Shares of Oracle have gained 40.4% so far this year, outperforming the Zacks Computer and Technology sector's growth of 7%. Shares of Microsoft and Amazon have returned 19.6% and 1.6% year to date, while Google shares have lost 5.4%, respectively. Year-to-Date Performance Oracle presents a compelling long-term investment opportunity for investors seeking exposure to AI infrastructure and enterprise cloud transformation. For existing holders, maintaining positions makes sense given Oracle's successful execution and improving competitive positioning. New investors should consider accumulating shares during market volatility, particularly if economic concerns create temporary weakness in technology valuations. Oracle currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. 5 Stocks Set to Double Each was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in the coming year. While not all picks can be winners, previous recommendations have soared +112%, +171%, +209% and +232%. Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor. Today, See These 5 Potential Home Runs >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Inc. (AMZN): Free Stock Analysis Report Microsoft Corporation (MSFT): Free Stock Analysis Report Oracle Corporation (ORCL): Free Stock Analysis Report Alphabet Inc. (GOOGL): Free Stock Analysis Report

Can Oracle Stock Hit $250 in 2025?
Can Oracle Stock Hit $250 in 2025?

Yahoo

time26-06-2025

  • Business
  • Yahoo

Can Oracle Stock Hit $250 in 2025?

The dominance of traditional hardware is giving way to a new era defined by software-driven innovation and cloud-based infrastructure. With artificial Intelligence (AI)-infused cloud platforms leading this charge, the spotlight's now firmly on firms built for scale, speed, and smarts. Among them, Oracle (ORCL) has quietly morphed from a legacy database provider to a heavyweight in cloud infrastructure and enterprise AI. The tech giant is once again receiving attention after it reported a robust Q4 report - a growth story that's caught Wall Street's attention. Guggenheim analyst John DiFucci raised his price target on ORCL stock from $220 to $250, and believes that the company is on the verge of a 'narrative shift' after decades of technological innovation, while expecting a bigger jump in its top and bottom line. Tesla's Robotaxis Reportedly Sped and Veered Into the Wrong Lanes. Does This Crush the Bull Case for TSLA Stock? 1 Dividend Stock to Buy Yielding Over 7% Up 93% in 2025, Palantir Stock Is Too Hot to Handle Here Markets move fast. Keep up by reading our FREE midday Barchart Brief newsletter for exclusive charts, analysis, and headlines. So now, with the stars aligning and Wall Street tuning in, could Oracle be quietly charting its course toward the $250 mark? Austin-based Oracle (ORCL) has grown into a tech powerhouse with a market cap of $604.7 billion. Best known for its Oracle Database and autonomous systems, Oracle delivers a broad spectrum of cloud solutions - from ERP and HCM to NetSuite. Its reach spans industries, governments, and education, backed by hardware and consulting arms. With relentless innovation, Oracle remains a cornerstone in shaping the cloud-first, data-driven future of global enterprise technology. With strong earnings and booming cloud momentum, ORCL stock has soared 51.4% over the past 52 weeks, trouncing the S&P 500 Index's ($SPX) 11.4% gains over the same period. Shares touched a new record high of $216.93 on Wednesday, June 25. However, Oracle's stock doesn't come cheap. It is priced at 39.2 times its forward earnings, which is significantly stretched compared to the industry average at the moment. On June 11, Oracle posted robust results for the fourth quarter of fiscal 2025 (quarter ended May 31, 2025). The company's total revenues increased by 11% year over year to $15.9 billion, surpassing the $15.6 billion consensus Wall Street estimate. Oracle's top-line growth is seen in its profitability expansion. Its non-GAAP EPS rose by 4% annually to $1.70, which was also higher than the estimates. At the heart of this growth were Oracle's cloud-related operations. Its cloud services and license support segment revenue grew by 14% annually to $11.7 billion, accounting for 74% of its total top line. Plus, its cloud license and on-premise license revenue increased by 9% to just over $2 billion. The growth in AI has also been noticeable in Oracle's operations. The company reported that AI innovators are picking the Oracle Cloud Infrastructure (OCI) AI infrastructure and OCI Supercluster to train AI models and deploy AI applications. With the company's AI infrastructure, AI innovators can use high-performance GPU clusters and scalable computing power, which makes OCI so popular. Oracle also partnered with Advanced Micro Devices (AMD) to integrate AMD Instinct MI355X GPUs into OCI. This partnership is said to offer more than twice the price performance of the previous generation, as the companies realize efficiency gains. While Oracle's results have been robust in themselves, what has gotten investors excited is the prospects the company is showing. The company aims to scale its data center operations aggressively. Oracle currently has 23 multicloud data centers and plans to build 47 more by the end of fiscal 2026. As a result of this, Oracle plans to take up significant cloud infrastructure. Oracle expects the total cloud-growth rate to increase from 24% in fiscal 2025 to more than 40% in this fiscal year. The company's Chairman, Larry Ellison, also made the bold claim that it would be the 'largest and most profitable cloud applications company in the world.' Plus, management expects its operations to stay steeped in demand. The company's cloud infrastructure growth rate is expected to increase to over 70% in 2026, while its remaining performance obligations (RPO) are projected to grow more than 100%. Analysts expect the tech stock's fiscal 2026 EPS to grow by 20.2% to $5.29, followed by an increase of 14% to $6.03 in fiscal 2027. After a full-day deep dive with Oracle's IR chief Ken Bond, Guggenheim's John DiFucci didn't just walk away impressed - he walked away convinced. He gave a 'Buy' rating and lifted his target price to $250 – the Street-high. He sees Oracle on the brink of a major narrative shift, powered by decades of innovation. With revenue poised to surge in fiscal 2026 and fiscal 2027, and fiscal 2029's $104 billion target likely understated, DiFucci cements Oracle as a 'Best Idea.' Overall, analysts have a positive outlook on ORCL, giving a consensus 'Moderate Buy' rating. Of the 35 analysts rating the stock, a majority of 21 analysts have rated it a 'Strong Buy,' one suggests a 'Moderate Buy,' and 13 analysts are playing it safe with a 'Hold' rating. Meanwhile, the consensus price target of $215.34 represents 3% potential upside. On the date of publication, Sristi Suman Jayaswal did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Sign in to access your portfolio

Top Analyst Reports for Oracle, IBM & Merck
Top Analyst Reports for Oracle, IBM & Merck

Yahoo

time15-05-2025

  • Business
  • Yahoo

Top Analyst Reports for Oracle, IBM & Merck

Wednesday, May 14, 2025The Zacks Research Daily presents the best research output of our analyst team. Today's Research Daily features new research reports on 16 major stocks, including Oracle Corp. (ORCL), IBM Corp. (IBM) and Merck & Co., Inc. (MRK), as well as a micro-cap stock Earth Science Tech, Inc. (ETST). The Zacks microcap research is unique as our research content on these small and under-the-radar companies is the only research of its type in the research reports have been hand-picked from the roughly 70 reports published by our analyst team can see all of today's research reports here >>>Ahead of Wall StreetThe daily 'Ahead of Wall Street' article is a must-read for all investors who would like to be ready for that day's trading action. The article comes out before the market opens and attempts to make sense of that morning's economic releases and how they will affect that day's market action. You can read this article for free on our home page and can actually sign up there to get an email notification as this article comes out each can read today's AWS here >>> No Econ Reports Equals Good News in Pre-MarketToday's Featured Research ReportsOracle's shares have outperformed the Zacks Computer - Software industry over the past year (+39.2% vs. +10%). The company is gaining from the ongoing momentum across its cloud business, driven by the strong uptake of Oracle Cloud Infrastructure and Autonomous Database offerings, including from winning cloud-computing contracts from AI-focused solid adoption of cloud-based applications, comprising NetSuite Enterprise Resource Planning (ERP) and Fusion ERP, bodes well. ORCL's partnership with Amazon for Oracle Database@AWS and general availability of Oracle Database@Google holds promise. Oracle's Gen 2 Cloud is driving artificial intelligence clientele. Its share buybacks and dividend policy are Zacks analyst expects fiscal 2025 net sales to grow 7.7% from fiscal 2024. However, higher spending on product enhancements toward the cloud platform amid increasing competition in the cloud domain is likely to limit margin expansion.(You can read the full research report on Oracle here >>>)Shares of IBM have outperformed the Zacks Computer - Integrated Systems industry over the past year (+61.5% vs. -2.5%). The company is poised to benefit from strong demand for hybrid cloud and AI, driving growth in Software and Consulting. The company's growth is expected to be driven primarily by analytics, cloud computing, and security in the long core technology platform for AI capabilities watsonx is gaining significant market traction across industries. The company is collaborating with SAP to tap generative AI technology within the retail industry. The collaboration is likely to facilitate higher productivity and help accelerate business transformation in consumer-packaged goods and retail stiff competition in various end markets is straining profits. Stringent cost-cutting efforts to boost margins beyond a certain threshold are likely to impact product quality. IBM's frequent acquisitions have escalated integration risks.(You can read the full research report on IBM here >>>)Merck's shares have underperformed the Zacks Large Cap Pharmaceuticals industry over the year-to-date period (-26% vs. -4.7%). The company's rising competitive pressure on the diabetes franchise and persistent challenges for Gardasil in China remain overhangs. There are concerns about Merck's ability to successfully navigate the Keytruda loss of exclusivity period and potential competition for the Merck's first-quarter earnings and sales beat estimates. Its blockbuster drug, Keytruda, and new products have been driving sales. With continued label expansion into new indications, particularly earlier-stage launches, Keytruda is expected to see continued health is also contributing to growth. Merck boasts a strong cancer pipeline, including Keytruda, which should drive long-term growth. Merck is investing in M&A activity to strengthen its pipeline.(You can read the full research report on Merck here >>>)Shares of Earth Science Tech have outperformed the Zacks Medical - Biomedical and Genetics industry over the year-to-date period (+11.4% vs. -7.8%). This microcap company with market capitalization of $42.53 million posted a 311.6% year-over-year revenue surge to $24.4 million for the nine months ended Dec. 31, 2024, driven by RxCompound and Peaks. The vertically integrated model, new revenue from shipping and balanced customer mix support cash flow rose to $2.4 million, reflecting tighter working capital controls. Gross margin held firm at 72.7% despite a 1,151% spike in salaries. Strategic acquisitions expanded pharmacy and telehealth capabilities, but integration, liquidity ($0.5 million cash against $2.3 million liabilities), and revenue concentration risks buybacks amid short-term debt, opaque marketing ROI, and thin net margins (8.5%) raise sustainability questions. Execution and financial discipline will be critical to support ongoing growth. The P/B ratio signals premium pricing based on asset expectations.(You can read the full research report on Earth Science Tech here >>>)Other noteworthy reports we are featuring today include CVS Health Corporation (CVS), MetLife, Inc. (MET) and Coinbase Global, Inc. (COIN).Mark VickerySenior EditorNote: Sheraz Mian heads the Zacks Equity Research department and is a well-regarded expert of aggregate earnings. He is frequently quoted in the print and electronic media and publishes the weekly Earnings Trends and Earnings Preview reports. If you want an email notification each time Sheraz publishes a new article, please click here>>> Today's Must Read Oracle (ORCL) Gains from Cloud Suite Adoption & Partnerships IBM Rides on Strong Customer Growth in Software Segment Keytruda Drives Merck (MRK) Sales Amid Gardasil China Issues Featured Reports Healthcare Delivery Aids CVS Health (CVS), Macro Woes StayThe Zacks analyst is impressed with solid revenue gains in CVS Health's Healthcare Delivery business, led by robust patient growth at Oak Street. Yet, shifting macroeconomy may hurt its operations. Acquisitions & Cost-Cutting Initiatives Aid MetLife (MET)Per the Zacks analyst, several acquisitions and partnerships will continue to bolster the capabilities and global presence of MetLife. Efforts to control costs should drive its margins. Coinbase (COIN) Banks on Improving Top Line, Expenses HurtPer the Zacks analyst, higher transaction revenues, subscription and services revenues, growth in crypto assets should drive Coinbase revenues. However, escalating expenses hurt its margins. Yum! Brands (YUM) Banks on Digital Efforts, High Costs HurtPer the Zacks analyst, Yum! Brands is likely to from digital efforts, increased kiosk adoption and unit expansion efforts. However, high costs and macro woes ail. Loan Growth Supports M&T Bank (MTB), Rising Costs a WoePer the Zacks analyst, M&T Bank's increasing loans and deposit balances are supporting its financials. Yet, investments in strengthening its franchise will keep expenses elevated. Wabtec (WAB) Benefits From Segmental Strength Amid Rising ExpensesPer the Zacks Analyst, Wabtec's top line is benefitting from higher sales across its Freight and Transit segments. Rising expenses pose a threat to the company's bottom line. Antero Resources (AR) to Gain from Vast Appalachia AssetsPer the Zacks analyst, Antero Resources is poised for growth with a strong foothold in the Appalachian Basin, backed by extensive premium drilling locations in Marcellus and Utica Shales. New Upgrades Steady Tower Demand Aids Crown Castle (CCI), Debt Burden AilPer the Zacks Analyst, Crown Castle's efforts to augment tower business bode well amid the rising wireless connectivity usage. Yet, customer concentration and high interest expenses ail. Seagate (STX) Rides on Mass Capacity Demand Amid High DebtPer the Zacks analyst, Seagate's performance is gaining from improving demand for mass capacity storage solutions and expansion into the SSD storage market. However, high indebtedness is a concern. Increasing Solar Projects Drive Emeren (SOL) Amid Supply Chain IssuesPer the Zacks analyst, Emeren is likely to benefit from its expanding solar projects worldwide. Yet supply chain issues result in delays and increase costs. New Downgrades Challenges in RV Market & Rising Expenses to Ail Thor (THO)Per the Zacks analyst, the anticipated challenges in the RV market are likely to hurt Thor's top-line growth. Rising SG&A expenses are likely to exert pressure on profit margins. Weakness in PTI Sector to Hurt MRC Global Amid Forex WoesPer the Zacks analyst, MRC Global is struggling with poor performance of the Production & Transmission Infrastructure sector due to completion of large projects. Forex woes are an added concern. Target (TGT) Struggles as Shoppers Cut Back on SpendingPer the Zacks analyst, Target's fourth quarter shows troubling signs with a decline in average transaction size, highlighting deepening consumer cutbacks. The average transaction amount fell 0.6%. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report International Business Machines Corporation (IBM) : Free Stock Analysis Report Merck & Co., Inc. (MRK) : Free Stock Analysis Report MetLife, Inc. (MET) : Free Stock Analysis Report CVS Health Corporation (CVS) : Free Stock Analysis Report Oracle Corporation (ORCL) : Free Stock Analysis Report Earth Science Tech, Inc. (ETST) : Free Stock Analysis Report Coinbase Global, Inc. (COIN) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Pythian Acquires Rittman Mead
Pythian Acquires Rittman Mead

National Post

time30-04-2025

  • Business
  • National Post

Pythian Acquires Rittman Mead

Article content Article content OTTAWA, Ontario — Pythian Services Inc. ('Pythian'), a portfolio company of Mill Point Capital LLC ('Mill Point'), announced today the acquisition of Rittman Mead Consulting Ltd. ('Rittman Mead'), a globally recognized Oracle data and analytics consultancy. The Rittman Mead acquisition enhances Pythian's Oracle footprint, expands its geographic presence in Europe and strengthens its Oracle Database@Google Cloud capabilities, a powerful multi-cloud partnership that accelerates modernization. Article content 'This acquisition marks a pivotal moment in Pythian's trajectory, solidifying our position as a global leader in data, analytics and AI solutions,' said Brooks Borcherding, CEO of Pythian. 'Rittman Mead's stellar reputation, deep Oracle expertise, global presence and cultural alignment make them an ideal partner to accelerate our mission in empowering enterprises to maximize the value of their data and drive innovative efforts towards AI readiness.' Article content With the acquisition of Rittman Mead, Pythian gains notable business intelligence and analytics capabilities, an enhanced presence in Europe and access to greater Oracle expertise. The partnership demonstrates an elevated ability to deliver value on business-critical milestones along the data journey, from cloud and data transformations to advanced analytics and AI initiatives. Article content 'Rittman Mead and Pythian have worked together for more than 12 years and we are aligned in our cultures and values,' commented Jon Mead, Founder and CEO of Rittman Mead. 'Our exceptional people, advanced Oracle capabilities and focus on strategic solutions seamlessly complement Pythian's existing capabilities, allowing us to offer even greater value to customers and accelerate our engagement in the data and AI services market.' Article content About Rittman Mead Article content Founded in 2007 and headquartered in Brighton, United Kingdom, Rittman Mead is a globally recognized Oracle data and analytics consultancy. With over 15 years of experience, the company provides hybrid solutions across a wide range of enterprise and open-source technologies and is positioned as a global leader in the broader data and analytics landscape. For more information, visit Article content About Pythian Article content Founded in 1997, Pythian is a leading data and AI services provider specializing in digital transformation and operational excellence for enterprise customers. Pythian helps organizations optimize their data estates to unlock AI enablement, innovation and growth. Through strategic consulting, managed services and cloud migrations, Pythian enables seamless operations while preparing businesses for AI adoption and the future of data management. For more information, visit Article content Article content Article content Article content Article content Article content

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