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Industry Summary Articles

Thursday, October 06, 2016

TriCore Solutions Acquires Database Specialists, Strengthening Its Oracle Database Management Support Capabilities

TriCore Solutions today announced the successful acquisition of Database Specialists, a database managed service company focused on support for Oracle database systems. The company’s comprehensive, enterprise level service suite includes architecture, design, database tuning, performance management, and ongoing 24x7 technical support and continuous improvements. Database Specialists’ unrivaled managed service offering leverages its proprietary Database Rx™ technology, a bespoke database monitoring, security, health check, and alert notifications platform.

Most enterprise companies today run Oracle database, including 97 percent of the Fortune 500. TriCore has nearly two decades’ experience in supporting enterprise customers’ IT needs, with an emphasis on hosting and supporting enterprise resource planning systems, including most notably the Oracle and SAP application suites. This latest acquisition is a natural extension for TriCore, strengthening its support of other mission-critical enterprise applications that run on Oracle database systems and reinforcing its position as a reliable and single source service provider to its customers.

“We couldn’t be happier to announce that Database Specialists has joined TriCore,” said Mark Clayman, CEO, TriCore Solutions. “Database management services are core to our strategic focus on application management, business intelligence and analytics solutions, and data warehouse environments. With the experts from Database Specialists and the ability to leverage the Database Rx platform, TriCore will be able to expand and enhance our services to existing and new enterprise customers. From a corporate focus perspective, Database Specialists’ revenue mix of over 90 percent recurring revenue is directly aligned with TriCore’s goal to advance the company as a managed service provider, focusing on the full application stack.”

“Our team is excited to be joining a growing company with an expansive service portfolio – from infrastructure to a full suite of application support,” said Terry Sutton, Director of Managed Services, Database Specialists. “TriCore impressed us with its vision, its breadth of services and most importantly, the shared focus on high-quality service and customer satisfaction. As part of TriCore Solutions, we will have the ability to be a part of something bigger as the market demands more from managed service providers.”

To view the original press release, please click here.

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