Oracle Releases NoSQL DatabaseBy Nathan Eddy | Print
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Oracle will deliver a newly engineered system, the Big Data Appliance, which is optimized for running the Oracle NoSQL database.
Oracle announced a key offering in the company’s portfolio of "big data" technology, the NoSQL database, which is available for download via the Oracle Technology Network. The NoSQL database enables customers to manage large amounts of data with dynamic schemas such as Web log data, sensor and smart meter data, data gathered for personalization and data maintained by social networks.
With a key-value data model, the scalable database facilitates storage of data in a flexible format, and is suited for the development and deployment of applications. In addition, Oracle will also deliver a newly engineered system, the Oracle Big Data Appliance, that is an optimized platform for running the Oracle NoSQL Database and Oracle’s other big data offerings. The Oracle Big Data Appliance will ship in the first quarter of 2012, the company said.
"Oracle NoSQL Database is a key component of Oracle’s big data strategy," said Andrew Mendelsohn, senior vice president of Oracle server technologies. "As customers look to manage the huge explosion in data from new and evolving sources, such as Web, sensors, social networks and mobile applications, Oracle is helping them unlock the value of this data by providing a highly available, reliable and scalable NoSQL database environment."
Oracle also announced that it has entered into an agreement to acquire RightNow Technologies, a provider of cloud-based customer service, for $43 per share, or approximately $1.5 billion net of RightNow's cash and debt. RightNow's Customer Service Cloud helps organizations deliver customer experiences across call centers, the Web and social networks.
"Oracle is moving aggressively to offer customers a full range of cloud solutions, including sales-force automation, human resources, talent management, social networking, databases and Java as part of the Oracle Public Cloud," said Thomas Kurian, executive vice president of Oracle development. "RightNow's leading customer service cloud is a very important addition to Oracle's Public Cloud."
The transaction is expected to close by late 2011 or early 2012, subject to RightNow stockholder approval, certain regulatory approvals and customary closing conditions. The board of directors of RightNow Technologies has unanimously approved the transaction.
"RightNow’s products add leading customer experience capabilities that help empower companies to interact with and provide a consistent experience to customers across channels," said Greg Gianforte, CEO of RightNow. "We look forward to combining our complementary capabilities along with maintaining and expanding our presence in Bozeman, Montana, in order to better service our customers."