Oracle has acquired Silver Creek Systems, a leading provider of product data quality solutions. The combination of Oracle and Silver Creek Systems brings together two companies with complementary products and a common vision of improving information management through a foundation of integrated data quality solutions. The combination is expected to enable customers to streamline and automate managing product data across enterprise systems including Oracle Product Hub (PIM), Agile Product Lifecycle Management, Supply Chain Management, and Enterprise Resource Planning solutions.
Integrated data quality management has become essential to enterprises as they recognize the value of embedding data quality processes into their operations. With product data playing an integral role in daily operations from sales, design, procurement, fulfillment, billing and other functional areas, there is an increased need for an effective data quality strategy. Improving data quality, consistency and usability across integrated enterprise applications requires a foundation of accurate and well-managed product information.
For Oracle customers, the complementary products from Silver Creek Systems accelerate Oracle’s Data Integration strategy to deliver a more complete and integrated solution to address data quality that is expected to result in increased accuracy, more standardization and enriched data across the enterprise. We have an aggressive plan to further invest in and evolve Silver Creek Systems technology, and expect to integrate it further with Oracle’s market leading Database, Fusion Middleware and Business Applications.
Oracle partners are expected to benefit from working with a single vendor to address customer needs for a complete product data management solution. Value-Added Resellers and System Integrators are expected to gain expanded opportunities to provide solutions and extend services around Oracle’s Product Hub solution and other Oracle offerings. Technology partners are expected to have broader opportunities for development integrations. All partners will gain access to Oracle’s worldwide resources and partner ecosystem.