Chicago — One would need only a quick glance at the vendor space over the last few months to see how much things have changed. In addition to being notable on their own merits, the dual acquisitions made by Redwood City, Calif.-based Oracle Corp. and other deals involving familiar names such as Fiserv, are a sign of things to come.
Indeed, Oracle’s assimilation of AdminServer and Skywire Software, barely a month apart, may have marked a sea change in the vertical. “We haven’t seen a predator the nature of Oracle in this ecosystem before,” says Matthew Josefowicz, director, insurance for New York-based Novarica, noting that Oracle’s move may prompt other global technology giants such as Microsoft, SAP and IBM, who have long served the market from the periphery, to reconsider how they approach the market.
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