Uber Signs Deal With Oracle Cloud

<p>Oracle and Uber Technologies&comma; Inc&period; have announced a seven-year strategic cloud partnership to accelerate Uber&&num;8217&semi;s innovation and help deliver new products to market&period;<&sol;p>&NewLine;<p>As Uber continues to grow and enter new markets&comma; it is increasingly important for the business to focus resources on its core strengths and strategic initiatives&period; By migrating some of the company&&num;8217&semi;s most critical workloads to Oracle Cloud Infrastructure &lpar;OCI&rpar;&comma; Uber will be in a position to modernize its infrastructure while also accelerating its path to profitability&period; The company operates Uber ridesharing service&comma; Uber Eats food delivery service and Uber Freight&period; It has yet to turn a profit&period;<&sol;p>&NewLine;<p>&&num;8220&semi;Uber is revolutionizing the way people&comma; products&comma; and services move across continents and through cities&comma;&&num;8221&semi; said Uber CEO&comma; <span class&equals;"xn-person">Dara Khosrowshahi<&sol;span>&period; &&num;8220&semi;To deliver on that promise for customers while building value for shareholders&comma; we needed a cloud provider that will help us maximize innovation while reducing our overall infrastructure costs&period; Oracle provides an ideal combination of price&comma; performance&comma; flexibility&comma; and security to help us deliver incredible customer service&comma; build new products&comma; and increase profitability&period;&&num;8221&semi;<&sol;p>&NewLine;<p>&&num;8220&semi;Uber is expanding into a &&num;8216&semi;go anywhere&comma; get anything&&num;8217&semi; platform&comma; and the company needed a cloud partner that shares a relentless focus on innovation&comma;&&num;8221&semi; said Oracle CEO&comma; <span class&equals;"xn-person">Safra Catz<&sol;span>&period; &&num;8220&semi;This landmark competitive win for OCI is further validation of the momentum and acceleration we are experiencing in the market&period; Enterprises&comma; governments&comma; and startups around the world are recognizing the differentiation of Oracle Cloud Infrastructure and experiencing our performance&comma; security&comma; and economic benefits versus other hyperscalers&period;&&num;8221&semi;<&sol;p>&NewLine;<p>Along with the OCI agreement&comma; the strategic partnership includes other areas of collaboration between the two companies&period; Oracle will become a global Uber for Business client&comma; selecting Uber as a preferred rideshare for its employees to travel and eat around the world&period; 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&period;<&sol;p>&NewLine;