Tom Siebel is Back! A Software Pioneer Explores IoT and A.I.

Tom Siebel is a legend in enterprise software, having sold his company, Siebel Systems, to Larry Ellison's Oracle (ORCL) in 2006 for $5.85 billion. The C3 technology is a cloud computing service that runs in conjunction with Amazon.com's It allows one to gather all the data sources for a given domain, such as energy metering, and perform machine learning to detect patterns that can save industries billions of dollars. The showcase customer is Enel Spa, the €85 billion Italian electric utility, the largest such utility in the world outside of China, involving millions of meters. Of the new generation of enterprise companies, Workday (WDAY), and Salesforce (CRM), he offers praise.