Sep 15, 2020

Oracle strikes up a deal with TikTok

Technology
Social Media
partnership
TikTok
Andrew Stubbings
2 min
Oracle and TikTok Logos
TikTok have turned to Oracle to save its U.S. business...

ByteDance, owner of TikTok, have chosen Oracle as their 'Trusted Technology Partner' in the U.S.- allowing it to avoid the looming threat of a nationwide ban on September 29th.

The move has caused Oracle's shares to jump in value by more than 6% on Monday morning, bolstered by strong rumour that Oracle will acquire a significant stake in the business as part and parcel of the agreement. The finer points of the deal are still under wraps.

Yesterday's announcement comes as a surprise to many as Microsoft had announced its intentions to purchase TikTok in Australia, New Zealand, Canada and the U.S on August 2nd.

In a blog post, Microsoft stated the following;

“ByteDance let us know today they would not be selling TikTok’s US operations to Microsoft, “We are confident our proposal would have been good for TikTok’s users, while protecting national security interests. To do this, we would have made significant changes to ensure the service met the highest standards for security, privacy, online safety, and combatting disinformation, and we made these principles clear in our August statement. We look forward to seeing how the service evolves in these important areas.”

On the surface, TikTok and Oracle may seem an unlikely pairing but given the concerns raised by the U.S. Government over privacy and national security the Californian software giant could well be the logical choice moving forward.

Founded by Larry Ellison, Bob Minor and Ed Oates in 1977, Oracle has a long history with the U.S intelligence community, it's first client being the Central Intelligence Agency closely followed by contracts with the Navy, Airforce and National Security Agency. These days Oracle's database technology and Cloud systems are used by a whole host of organisations, from large financial institutions like Deutsche Bank, consumer electronics brands like Samsung to motor manufacturers, Mazda and Yamaha. 

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Jun 18, 2021

Intelliwave SiteSense boosts APTIM material tracking

APTIM
Intelliwave
3 min
Intelliwave Technologies outlines how it provides data and visibility benefits for APTIM

“We’ve been engaged with the APTIM team since early 2019 providing SiteSense, our mobile construction SaaS solution, for their maintenance and construction projects, allowing them to track materials and equipment, and manage inventory.

We have been working with the APTIM team to standardize material tracking processes and procedures, ultimately with the goal of reducing the amount of time  spent looking for materials. Industry studies show that better management of materials can lead to a 16% increase in craft labour productivity.

Everyone knows construction is one of the oldest industries but it’s one of the least tech driven comparatively. About 95% of Engineering and Construction data captured goes unused, 13% of working hours are spent looking for data and around 30% of companies have applications that don’t integrate. 

With APTIM, we’re looking at early risk detection, through predictive analysis and forecasting of material constraints, integrating with the ecosystem of software platforms and reporting on real-time data with a ‘field-first’ focus – through initiatives like the Digital Foreman. The APTIM team has seen great wins in the field, utilising bar-code technology, to check in thousands of material items quickly compared to manual methods.

There are three key areas when it comes to successful Materials Management in the software sector – culture, technology, and vendor engagement.

Given the state of world affairs, access to data needs to be off site via the cloud to support remote working conditions, providing a ‘single source of truth’ accessed by many parties; the tech sector is always growing, so companies need faster and more reliable access to this cloud data; digital supply chain initiatives engage vendors a lot earlier in the process to drive collaboration and to engage with their clients, which gives more assurance as there is more emphasis on automating data capture. 

It’s been a challenging period with the pandemic, particularly for the supply chain. Look what happened in the Suez Canal – things can suddenly impact material costs and availability, and you really have to be more efficient to survive and succeed. Virtual system access can solve some issues and you need to look at data access in a wider net.

Solving problems comes down to better visibility, and proactively solving issues with vendors and enabling construction teams to execute their work. The biggest cause of delays is not being able to provide teams with what they need.

On average 2% of materials are lost or re-ordered, which only factors in the material cost, what is not captured is the duplicated effort of procurement, vendor and shipping costs, all of which have an environmental impact.

As things start to stabilise, APTIM continues to utilize SiteSense to boost efficiencies and solve productivity issues proactively. Integrating with 3D/4D modelling is just the precipice of what we can do. Access to data can help you firm up bids to win work, to make better cost estimates, and AI and ML are the next phase, providing an eco-system of tools.

A key focus for Intelliwave and APTIM is to increase the availability of data, whether it’s creating a data warehouse for visualisations or increasing integrations to provide additional value. We want to move to a more of an enterprise usage phase – up to now it’s been project based – so more people can access data in real time.

 

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