UK financial services organisation adopts
Oracle Database@Azure and Oracle Exadata Cloud@Customer to
accelerate its migration to the cloud, helping it to deliver new
products and capabilities faster
LONDON, March 20,
2025 /PRNewswire/ -- Oracle CloudWorld Tour
-- Lloyds Banking Group, one of the UK's largest financial
services organisations, has expanded its collaboration with Oracle
to further strengthen its customer experience.
Under a multi-year agreement, Lloyds is advancing its multicloud
strategy by moving its Oracle databases, which support its business
functions and banking services, to Oracle Database@Azure. This
strategic move allows Lloyds to run Oracle databases on Oracle
Cloud Infrastructure (OCI) deployed on Oracle Exadata within
Microsoft Azure data centers.
Additionally, Lloyds is leveraging Oracle Exadata
Cloud@Customer to operate a number of databases in its own
data centres. With OCI's unique distributed cloud, Oracle database
services can be deployed inside Azure data centres or on-premises
with equal capabilities and a consistent operating model. This
flexibility enables Lloyds to serve its customers with enhanced
speed and agility.
"As we focus on growth and diversifying our business, maximising
our use of data across the Group becomes critical so that we can
innovate and deliver new services faster for our customers," said
Joe Soule, CIO, Enabling Services,
Lloyds Banking Group. "The ability to flexibly deploy Oracle
databases on-premises or in the public cloud, in combination with
Microsoft Azure through a multicloud approach, enables us to
accelerate the pace at which we adopt digital technologies. This
ensures we can support our customers with high-performing services
and the best customer experience possible."
Working with Oracle, Lloyds has been able to speed up its
transition to the cloud, helping deliver new products and
capabilities to market faster, while boosting the performance,
security, resilience, and availability of its services.
"Few sectors are evolving as rapidly as the financial services
industry when it comes to cloud adoption," said Richard Smith, executive vice president and
general manager, EMEA Cloud Infrastructure, Oracle. "Lloyds is one
of the companies at the forefront of this transition. By taking
advantage of the industry's most comprehensive and flexible
approach to the cloud, Lloyds can streamline its migration to the
cloud and enable more innovation for its customers."
Multicloud Made for Customers
Oracle Database@Azure
delivers all the performance, scale, and workload availability
advantages of Oracle Database on OCI with the security,
flexibility, and agility of Microsoft Azure. With Oracle
Database@Azure, customers can move their on-premises Oracle
databases to the cloud quickly, without the need to rearchitect or
refactor their solutions. They can also securely build new low
latency cloud-native applications using OCI and Azure technologies.
Oracle Database@Azure is generally available in 14 regions around
the world with 18 more regions planned to be available in the next
12 months.
About Oracle Distributed Cloud
Oracle's distributed
cloud delivers the benefits of cloud with greater control and
flexibility. Oracle's distributed cloud lineup includes:
- Public cloud: Hyperscale public cloud regions serve
any size of organization, including those requiring strict EU
sovereignty controls. See the full list of regions here.
- Dedicated cloud: Customers can run all OCI cloud
services in their own data centers with OCI Dedicated Region, while
partners can resell OCI cloud services and customize the experience
with Oracle Alloy. Oracle also operates separate U.S., UK, and
Australian Government Clouds, and Isolated Cloud Regions for
national security purposes. Each of these products provides a full
cloud and AI stack that customers can deploy as a Sovereign
Cloud.
- Hybrid cloud: OCI delivers key cloud services
on-premises via Oracle Exadata Cloud@Customer and Compute
Cloud@Customer and is already managing deployments in over 60
countries. Additionally, OCI Roving Edge Infrastructure, which
consists of multiple configurations of ruggedized and portable
high-performance devices, helps customers leverage remote AI
inferencing at the edge.
- Multicloud: OCI is physically deployed within all
the leading hyperscale cloud providers including AWS, Google Cloud,
and Microsoft Azure, providing low latency, natively integrated
Oracle Database services including Oracle Database@AWS, Oracle
Database@Azure, Oracle Database@Google Cloud, and Oracle HeatWave
on AWS. Oracle Interconnect for Microsoft Azure and Oracle
Interconnect for Google Cloud allow customers to combine key
capabilities from across clouds.
Additional Resources
- Learn more about Oracle Database@Azure
- Read about Oracle Autonomous Database on Oracle
Database@Azure
- Learn more about Oracle Database services, Oracle Autonomous
Database, Oracle Exadata Database Service and Oracle Base Database
Service
- Learn about innovating with Oracle and Azure
About Oracle
Oracle offers integrated suites of
applications plus secure, autonomous infrastructure in the Oracle
Cloud. For more information about Oracle (NYSE: ORCL), please visit
us at oracle.com.
About Oracle CloudWorld Tour
Oracle CloudWorld Tour is
Oracle's global celebration of customers and partners. Join us to
discover how to get the most business value from AI, explore ways
to increase productivity and efficiency through automation, and
learn more about our cloud infrastructure, database, and
applications from the people that build and use them. For live
keynotes, session details, news and more visit
oracle.com/uk/cloudworld-tour/ or oracle.com/uk/news.
Trademarks
Oracle, Java, MySQL and NetSuite are
registered trademarks of Oracle Corporation. NetSuite was the first
cloud company—ushering in the new era of cloud computing.
View original content to download
multimedia:https://www.prnewswire.com/news-releases/lloyds-banking-group-expands-collaboration-with-oracle-to-support-tech-transformation-302406638.html
SOURCE Oracle
