Oracle Corporation was declared in 2015 the largest software maker after Microsoft as far as the revenue is concerned. In order to maintain these high stakes and even outperform them, the company is looking into improving the services for the customers. As a consequence, today Oracle Corporation purchased a San Francisco startup, named Apiary. The new leadership intends to incorporate the new API design technology into its own cloud services.
Apiary has accumulated just six years of experience and managed to gather a decent revenue of $8.5 million. The main business goal of the company is to help the clients create API functions and procedures without the need for a large expertise in the field. The company puts at the disposal of its customers a series of tools and features that are intuitive in their efforts to create software. Apiary promises that anybody in the field can create an API in 30 minutes with their guidance by their side.
In today’s world, companies have to be more careful than ever with their own software. Cloud migration is a new trend in the business sector that turns any organization into a digital presence. However, one of the most controversial topics of 2016 was the safety of private data that can be put in jeopardy once they get digital. By upgrading the cloud services with a solid API technology, Oracle aims to improve the user experience to a whole new level.
Amit Zavery, the senior VP for cloud integration at Oracle, stated that the new acquisition would help their customers have better control over their applications. Oracle will soon be able to provide advanced settings for its customers. Thus, they will have the capacity to create and manage their own APIs which will lead to integrated applications only.
With this move, Oracle wants to top up the competition in this field, such as Microsoft Azure, Google Cloud, and AWS. The new acquisition of Apiary comes just weeks after Oracle hosted a cloud event in New York City. With this occasion, the company announced the inauguration of three new data centers. This expansion in three countries will greatly help the growth strategy succeed in the near future. The value of the Apiary acquisition was not disclosed.
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