Uber and Oracle enter into seven-year partnership
Oracle and Uber Technologies have announced a seven-year strategic cloud partnership designed to accelerate the service company’s innovation and entry to new markets.
As Uber continues to grow, the need to focus resources on its core strengths and strategic initiatives is seen as an imperative. By migrating some of the company’s most critical workloads to Oracle Cloud Infrastructure (OCI), Uber will be in a position to modernise its infrastructure while also accelerating its path to profitability.
“Uber is revolutionising the way people, products and services move across continents and through cities,” said Uber CEO Dara Khosrowshahi.
“To deliver on that promise for customers while building value for shareholders, we needed a cloud provider that will help us maximise innovation while reducing our overall infrastructure costs. Oracle provides an ideal combination of price, performance, flexibility and security to help us deliver incredible customer service, build new products and increase profitability.”
This new strategic partnership with Uber along with recent analyst reports serve as powerful validation of OCI’s strategy and product vision. Customers want both flexibility and best-in-class price-performance infrastructure across a global footprint. Uber can now take advantage of these capabilities that only OCI provides.
“Uber is expanding into a ‘go anywhere, get anything’ platform, and the company needed a cloud partner that shares a relentless focus on innovation,” said Oracle CEO Safra Catz.
“This landmark competitive win for OCI is further validation of the momentum and acceleration we are experiencing in the market. Enterprises, governments and startups around the world are recognising the differentiation of Oracle Cloud Infrastructure and experiencing our performance, security and economic benefits versus other hyperscalers.”
Along with the OCI agreement, the strategic partnership includes other areas of collaboration between the two companies. Oracle will become a global Uber for Business client, selecting Uber as a preferred rideshare for its employees to travel and eat around the world. Uber and Oracle will also continue co-innovating on additional retail and delivery solutions that will evolve from the cloud partnership including consumer experiences with last-mile logistics.
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