{"id":61396,"date":"2023-09-15T11:22:21","date_gmt":"2023-09-15T15:22:21","guid":{"rendered":"https:\/\/ifintechworld.com\/investing\/rivals-microsoft-oracle-expand-their-cloud-partnership\/"},"modified":"2023-09-15T11:22:24","modified_gmt":"2023-09-15T15:22:24","slug":"rivals-microsoft-oracle-expand-their-cloud-partnership","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=61396","title":{"rendered":"Rivals Microsoft, Oracle expand their cloud partnership"},"content":{"rendered":"
\n

Tech rivals Microsoft Corp. and Oracle Corp. on Thursday deepened a four-year-old cloud partnership, signaling more cooperation in the fast-evolving software and AI markets.<\/p>\n

The accord will make it easier for Oracle
\n ORCL,
\n -0.44%<\/bg-quote>
\n users to run Microsoft
\n MSFT,
\n -2.03%<\/bg-quote>
\n Azure\u2019s AI on top of the Oracle database, the companies said. Previously, Oracle customers had to run a separate dashboard within Microsoft\u2019s Azure Cloud dashboard to integrate the competing platforms.<\/p>\n

\n

Customer previews of the new service, called Oracle Database@Azure, will be available in early 2024 in regions of the U.S., U.K. and Germany. Oracle and Microsoft declined to disclose financial details of the plan.<\/p>\n

\u201cWe have a real opportunity to help organizations bring their mission-critical applications to the cloud so they can transform every part of their business with this next generation of AI,\u201d Microsoft Chief Executive Satya Nadella said in a statement. Microsoft Azure will be the only other cloud provider to run Oracle\u2019s database services, he said.<\/p>\n

\u201cMost customers already use multiple clouds,\u201d Oracle co-founder and Chief Technology Officer Larry Ellison said in a statement. Seamlessly connecting Oracle\u2019s database technology with Azure Services will let \u201ccustomers experience the best possible database and network performance,\u201d Ellison said.<\/p>\n

Ellison and Nadella made the announcement at Microsoft\u2019s Redmond, Wash., headquarters.<\/p>\n

The deal marks a significant strategic shift in the cloud market. Before, cloud providers attempted to lock users on one platform. But that isn\u2019t feasible as the cloud has become more central to operations, and customers now usually use multiple cloud offerings, according to tech analysts. <\/p>\n

\u201cCollocating the Oracle database offering within the Microsoft Azure Cloud really gives customers the best of both worlds \u2014 Oracle database services running side-by-side with Azure services,\u201d Gartner analyst Ed Anderson said in an email message. \u201cWe expect this will ease the challenges of implementing Azure cloud applications that leverage Oracle Cloud database services.\u201d<\/p>\n

Shares of Microsoft and Oracle were flat in after-hours trading Thursday.
\u00a0<\/p>\n<\/p><\/div>\n<\/div>\n

Read the full article here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Tech rivals Microsoft Corp. and Oracle Corp. on Thursday deepened a four-year-old cloud partnership, signaling more cooperation in the fast-evolving software and AI markets. The accord will make it easier for Oracle ORCL, -0.44% users to run Microsoft MSFT, -2.03% Azure\u2019s AI on top of the Oracle database, the companies said. Previously, Oracle customers had […]<\/p>\n","protected":false},"author":1,"featured_media":59726,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"video","meta":{"footnotes":""},"categories":[239],"tags":[83],"class_list":["post-61396","post","type-post","status-publish","format-video","has-post-thumbnail","hentry","category-investing","tag-featured","post_format-post-format-video"],"yoast_head":"\nRivals Microsoft, Oracle expand their cloud partnership | iFintechWorld<\/title>\n<meta name=\"description\" content=\"Tech rivals Microsoft Corp. and Oracle Corp. on Thursday deepened a four-year-old cloud partnership, signaling more cooperation in the fast-evolving\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ifintechworld.com\/?p=61396\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" 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