Oracle Corporation (NYSE:ORCL) stock is gaining in the premarket session on Thursday.
The company expanded collaboration with Microsoft Corporation (NASDAQ:MSFT) to meet growing customer demand for Oracle Database@Azure around the world.
Database@Azure will expand to five more regions, which brings the total planned multicloud availability footprint to 15 regions globally.
Bringing Oracle Database@Azure to Europe will enable customers in the region to locally employ Oracle database services running on OCI hardware deployed in Azure datacenters for the first time,” said Microsoft CVP Azure Infrastructure Product and Design Erin Chapple.
Today, Oracle also unveiled its latest innovation, Oracle Cloud EPM for Sustainability, within the Oracle Fusion Cloud Enterprise Performance Management (EPM) suite.
This solution empowers organizations to streamline the ...