SARASOTA, Fla.--(BUSINESS WIRE)--AlphaPoint Technology, (OTCQB: APPO) a technology and enterprise blockchain software application development company, today announced that it has joined the Oracle Scaleup Ecosystem program. AlphaPoint will work with the Oracle Scaleup Ecosystem, and with the Oracle Cloud Infrastructure platform, utilizing the global resources, cloud technology, infrastructure and expertise Oracle has to offer, as the company moves into its next phase of growth.
AlphaPoint Technology is a publicly-traded enterprise software company committed to Blockchain deployments for enterprise markets. It seeks to eliminate intermediaries by increasing efficiency and speed and simplifying operations by reducing cost and time related to Software Asset Management (SAM) reconciliations and disputes.
AlphaPoint Technology is developing a blockchain-based Software Asset Management (SAM) license reconciliation and audit solution that establishes a validated trust relationship with software vendors and their customers that will help mitigate and eliminate the need for aggressive and litigious hard audits, significantly reducing or eliminating the cost of license audits, compliance, legal, double spending, and true-ups.
“We are delighted to be part of the Oracle Scaleup Ecosystem program at a time when industry trends such as enterprise blockchain development, as well as the convergence of enterprise applications and the blockchain, are driving tremendous growth opportunities," said Gary Macleod, AlphaPoint’s President, and CEO.
Oracle’s global startup mission is to provide enriching, collaborative partnerships to enable next-generation growth and drive cloud-based innovation for startups throughout all stages of their journey. To that end, Oracle offers residential and nonresidential startup programs that power cloud-based technology innovation and enable co-creation and co-innovation.
Oracle Scaleup Ecosystem is the nonresidential, virtual-style program designed for mature startups and venture capital and private equity portfolio companies to enable hypergrowth and scale. The program allows Oracle to reach more startups regardless of geographic location. Oracle’s Scaleup Ecosystem program offers mentoring, R&D support, marketing/sales enablement, migration assistance, cloud credits and discounts, and access to Oracle’s customer and product ecosystem.
“Our global program allows us to work with startups on the leading edges of innovation exploration, like AlphaPoint and its blockchain solution,” said Reggie Bradford, Oracle senior vice president, Startup Ecosystem and Accelerator. “Leveraging our Oracle Cloud technology, global support and resources, AlphaPoint is well positioned for strong growth across all areas of its business.”
About AlphaPoint Technology
AlphaPoint Technology (APPO) is a publicly-traded enterprise software company. We are committed to Blockchain deployments for enterprise markets and serving the enterprise market to produce value by helping to make compelling software products to solve business problems. AlphaPoint is developing a blockchain Software Asset Management (SAM) solution which connects software and hardware entitlements to their license and components with the software decision-makers, to drive automation with transparency to reduce Software Asset Management content, effort, and cost. The SAM blockchain solution collects software license and device information via a non-evasive collection utility that deploys via an enterprises’ login or maintenance procedures. To learn more, visit http://www.appo.tech/, or, join www.linkedin.com/company/alphapoint-technology-inc/.
About Oracle
The Oracle Cloud offers complete SaaS application suites for ERP, HCM, and CX, plus best-in-class database Platform as a Service (PaaS) and Infrastructure as a Service (IaaS) from data centers throughout the Americas, Europe and Asia. For more information about Oracle (NYSE: ORCL), please visit us at oracle.com.
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