Oracle Announced Four Major UK Government Departments Select Oracle Cloud to Transform Corporate Services
Portfolio Pulse from Benzinga Newsdesk
Oracle has announced that four major UK government departments have selected Oracle Cloud to transform their corporate services. The Synergy Programme will use Oracle Fusion Cloud Applications Suite and Oracle Cloud Infrastructure to create a unified operating model, aiming to reduce costs and standardize data.
October 21, 2024 | 9:21 am
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Oracle has been selected by four UK government departments to provide cloud services through the Synergy Programme. This partnership will utilize Oracle Fusion Cloud Applications Suite and Oracle Cloud Infrastructure to streamline operations and reduce costs.
The selection of Oracle Cloud by major UK government departments is a significant partnership that could enhance Oracle's reputation and market position in the cloud services sector. This development is likely to positively impact Oracle's stock price in the short term due to the potential for increased revenue and market share.
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