Lloyds Banking Group Expands Collaboration with Oracle to Support Tech Transformation
Lloyds Banking Group has expanded its collaboration with Oracle through a multi-year agreement to enhance its cloud transformation strategy. The UK financial services organization will migrate its Oracle databases to Oracle Database@Azure and implement Oracle Exadata Cloud@Customer for on-premises operations.
This strategic move enables Lloyds to run Oracle databases on Oracle Cloud Infrastructure (OCI) within Microsoft Azure data centers, supporting its business functions and banking services. The flexibility of OCI's distributed cloud allows Oracle database services to be deployed both inside Azure data centers and on-premises with consistent capabilities.
The collaboration aims to accelerate Lloyds' cloud transition, enabling faster delivery of new products and enhanced service performance. Oracle Database@Azure is currently available in 14 regions globally, with plans to expand to 18 more regions within the next 12 months.
Lloyds Banking Group ha ampliato la sua collaborazione con Oracle attraverso un accordo pluriennale per migliorare la sua strategia di trasformazione cloud. L'organizzazione dei servizi finanziari del Regno Unito migrerà i suoi database Oracle su Oracle Database@Azure e implementerà Oracle Exadata Cloud@Customer per le operazioni on-premises.
Questa mossa strategica consente a Lloyds di gestire i database Oracle su Oracle Cloud Infrastructure (OCI) all'interno dei data center di Microsoft Azure, supportando le sue funzioni aziendali e i servizi bancari. La flessibilità del cloud distribuito di OCI consente ai servizi di database Oracle di essere distribuiti sia all'interno dei data center di Azure che on-premises, mantenendo capacità coerenti.
La collaborazione mira ad accelerare la transizione al cloud di Lloyds, consentendo una consegna più rapida di nuovi prodotti e un miglioramento delle prestazioni del servizio. Oracle Database@Azure è attualmente disponibile in 14 regioni a livello globale, con piani per espandersi in altre 18 regioni nei prossimi 12 mesi.
Lloyds Banking Group ha ampliado su colaboración con Oracle a través de un acuerdo de varios años para mejorar su estrategia de transformación en la nube. La organización de servicios financieros del Reino Unido migrará sus bases de datos Oracle a Oracle Database@Azure e implementará Oracle Exadata Cloud@Customer para las operaciones locales.
Este movimiento estratégico permite a Lloyds ejecutar bases de datos Oracle en Oracle Cloud Infrastructure (OCI) dentro de los centros de datos de Microsoft Azure, apoyando sus funciones comerciales y servicios bancarios. La flexibilidad de la nube distribuida de OCI permite que los servicios de bases de datos Oracle se desplieguen tanto dentro de los centros de datos de Azure como en las instalaciones, manteniendo capacidades consistentes.
La colaboración tiene como objetivo acelerar la transición a la nube de Lloyds, permitiendo una entrega más rápida de nuevos productos y un mejor rendimiento del servicio. Oracle Database@Azure está actualmente disponible en 14 regiones a nivel mundial, con planes de expandirse a 18 regiones más en los próximos 12 meses.
로이드 뱅킹 그룹은 오라클과의 협력을 다년간의 계약을 통해 확장하여 클라우드 전환 전략을 강화하고 있습니다. 영국의 금융 서비스 조직은 Oracle Database@Azure로 오라클 데이터베이스를 마이그레이션하고, 온프레미스 운영을 위해 Oracle Exadata Cloud@Customer를 구현할 예정입니다.
이 전략적 움직임은 로이드가 Microsoft Azure 데이터 센터 내에서 Oracle Cloud Infrastructure (OCI)에서 Oracle 데이터베이스를 실행할 수 있도록 하여 비즈니스 기능 및 은행 서비스를 지원합니다. OCI의 분산 클라우드 유연성 덕분에 Oracle 데이터베이스 서비스는 Azure 데이터 센터와 온프레미스 모두에서 일관된 기능으로 배포될 수 있습니다.
이번 협력은 로이드의 클라우드 전환을 가속화하여 새로운 제품의 더 빠른 제공과 서비스 성능 향상을 가능하게 하는 것을 목표로 합니다. Oracle Database@Azure는 현재 전 세계 14개 지역에서 제공되며, 향후 12개월 내에 18개 지역으로 확장할 계획입니다.
Lloyds Banking Group a élargi sa collaboration avec Oracle grâce à un accord pluriannuel pour améliorer sa stratégie de transformation cloud. L'organisation britannique de services financiers va migrer ses bases de données Oracle vers Oracle Database@Azure et mettre en œuvre Oracle Exadata Cloud@Customer pour les opérations sur site.
Ce mouvement stratégique permet à Lloyds d'exécuter des bases de données Oracle sur l'Oracle Cloud Infrastructure (OCI) au sein des centres de données de Microsoft Azure, soutenant ainsi ses fonctions commerciales et ses services bancaires. La flexibilité du cloud distribué d'OCI permet aux services de bases de données Oracle d'être déployés à la fois dans les centres de données Azure et sur site, tout en maintenant des capacités cohérentes.
La collaboration vise à accélérer la transition vers le cloud de Lloyds, permettant une livraison plus rapide de nouveaux produits et une amélioration des performances du service. Oracle Database@Azure est actuellement disponible dans 14 régions à l'échelle mondiale, avec des plans d'expansion vers 18 autres régions au cours des 12 prochains mois.
Lloyds Banking Group hat seine Zusammenarbeit mit Oracle durch einen mehrjährigen Vertrag erweitert, um seine Cloud-Transformationsstrategie zu verbessern. Die britische Finanzdienstleistungsorganisation wird ihre Oracle-Datenbanken auf Oracle Database@Azure migrieren und Oracle Exadata Cloud@Customer für lokale Operationen implementieren.
Dieser strategische Schritt ermöglicht es Lloyds, Oracle-Datenbanken auf der Oracle Cloud Infrastructure (OCI) innerhalb der Microsoft Azure-Rechenzentren zu betreiben, um seine Geschäftsabläufe und Bankdienstleistungen zu unterstützen. Die Flexibilität der verteilten Cloud von OCI ermöglicht es, Oracle-Datenbankdienste sowohl in Azure-Rechenzentren als auch lokal mit konsistenten Fähigkeiten bereitzustellen.
Die Zusammenarbeit zielt darauf ab, Lloyds' Übergang zur Cloud zu beschleunigen, um eine schnellere Bereitstellung neuer Produkte und eine verbesserte Serviceleistung zu ermöglichen. Oracle Database@Azure ist derzeit in 14 Regionen weltweit verfügbar, mit Plänen, in den nächsten 12 Monaten auf 18 weitere Regionen zu expandieren.
- Strategic multicloud deployment flexibility enhances operational efficiency
- Accelerated cloud migration capabilities without system rearchitecting
- Improved service performance and delivery speed
- Extended global availability with planned expansion to 18 new regions
- None.
Insights
Oracle's expanded collaboration with Lloyds Banking Group represents a strategic win in the competitive cloud infrastructure market. This multi-year agreement strengthens Oracle's position in the financial services vertical and validates its distributed cloud strategy.
The deal has three key components with revenue implications: Oracle Database@Azure deployment, Oracle Exadata Cloud@Customer implementation, and ongoing service contracts. This creates multiple revenue streams from one of the UK's largest financial institutions, generating both immediate and recurring revenue.
Oracle's partnership with Microsoft for Database@Azure is proving to be a competitive advantage, allowing them to capture business from organizations pursuing multicloud strategies. The deal demonstrates how Oracle can leverage its database dominance to drive cloud adoption even when customers prefer Azure as their primary platform.
For investors, this represents a positive indicator for Oracle's cloud growth trajectory, particularly in the financial services sector where security and compliance requirements create high barriers to entry and typically result in longer-term, higher-margin contracts. The expanded footprint within Lloyds also positions Oracle for potential future upselling of additional cloud services.
This agreement highlights Oracle's success with its differentiated hybrid/multicloud approach. While competitors force customers to choose between on-premises or public cloud deployments, Oracle is winning by offering flexible deployment options with consistent capabilities across environments.
The Oracle Database@Azure solution is particularly noteworthy as it allows Oracle to maintain control of its database workloads while leveraging Microsoft's broader cloud ecosystem. This preserves Oracle's core database revenue while enabling growth in new deployment models.
Lloyds' decision to maintain some workloads on-premises using Exadata Cloud@Customer while moving others to Database@Azure demonstrates the real-world hybrid approach many enterprises are taking. Oracle's ability to support both models with a consistent experience gives them an advantage over cloud-only providers.
Most significant is that this validates Oracle's bet on distributed cloud architecture. With Database@Azure now available in 14 regions globally and 18 more planned, Oracle is creating a compelling offering for enterprises that want Oracle's database technology but prefer to consolidate cloud vendors or leverage Azure services. This positions Oracle well against both traditional database competitors and hyperscale cloud providers for enterprise database workloads.
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