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Market Overview

Oracle Accelerates Cloud Migration With Oracle Cloud Lift Services Launch

  • Oracle Corp (NYSE: ORCLrolled out a novel Oracle Cloud Lift Services for quicker migration of workloads to Oracle Cloud Infrastructure (OCI) at no extra cost to the existing and new global Oracle Cloud customers.
  • Oracle's new program offers a single point of contact for every technical delivery. It also eliminates critical expertise barriers for OCI services adoption, creating faster innovation opportunities.
  • Customers will get access to Oracle cloud engineers and premier technical services with fast-tracked migrations to OCI for enterprise customers, including Seattle Sounders FC, Cargill, and Rice University under the arrangement.  
  • Customers will also have access to cloud engineering resources for performance analysis, application architecture, hands-on migrations, and go-live support.
  • Price action: ORCL shares are trading lower by 0.37% at $70.29 on the last check Wednesday.

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