Oracle Extends AT&T Cloud Agreement with New Five-Year Deal

Rhea-AI Summary

Oracle has renewed its strategic partnership with AT&T through a five-year agreement aimed at enhancing cloud capabilities for the telecommunications giant. This renewal focuses on expanding the use of Oracle Fusion Cloud ERP and CX solutions, enabling AT&T to streamline financial processes and improve customer engagement. The partnership will also facilitate IT modernization and data center consolidation via Oracle Cloud Infrastructure. Executives from both companies emphasize the importance of this collaboration for adapting to the evolving market.

Positive

• Renewal of a five-year strategic agreement with AT&T, reflecting ongoing partnership.
• Expansion of Oracle Fusion Cloud ERP and CX usage to enhance financial and customer engagement processes.
• Support for AT&T's IT modernization and data center consolidation through Oracle Cloud Infrastructure.

Negative

• None.

Leading telecommunications provider accelerates cloud transition with Oracle apps and infrastructure

AUSTIN, Texas, Aug. 10, 2022 /PRNewswire/ -- Oracle has renewed a strategic agreement with AT&T that will help give new capacity and capabilities for the company's database and application workloads running in Oracle Cloud. The new five-year deal will build on AT&T's use of Oracle Fusion Cloud Enterprise Resource Planning (ERP), Oracle Fusion Cloud Customer Experience (CX), Oracle Cloud Infrastructure, and other Oracle Cloud services, including:

• Oracle Cloud ERP will enable AT&T to eliminate manual processes as part of the company's ongoing financial and supply chain transformation.
• Access to Oracle's portfolio will expand the use of Oracle Cloud CX, which AT&T uses to engage customers with personalized content to help improve their overall experience.
• OCI services will support AT&T's IT modernization and data center consolidation.
• AT&T will also certify Oracle's next-generation cloud solutions and Oracle Exadata Cloud@Customer X9M.

"AT&T's cloud transition is a critical initiative for our business," said Jon Summers, senior vice president, Information Technology, AT&T. "We've worked closely with Oracle on some of our toughest technology challenges over the years, and we're excited to renew this collaboration for another five years."

"AT&T is continually reinventing itself to better connect people and businesses, and we're proud to extend our partnership to support that connectivity," said Jonathan Tikochinsky, executive vice president, strategic clients group, Oracle. "By using Oracle Cloud Infrastructure and Oracle Fusion Applications, AT&T is able to continue scaling globally and adapting to the evolving telecommunications market."

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.

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SOURCE Oracle

FAQ

What is the recent agreement between Oracle and AT&T?

Oracle has renewed a five-year strategic agreement with AT&T to enhance cloud capabilities and support its digital transformation.

How will Oracle's cloud solutions benefit AT&T?

Oracle's cloud solutions will help AT&T streamline financial processes, improve customer engagement, and support IT modernization.

When was the Oracle and AT&T agreement announced?

The agreement was announced on August 10, 2022.

What services are included in the Oracle and AT&T agreement?

The agreement includes Oracle Fusion Cloud ERP, Customer Experience (CX), and Oracle Cloud Infrastructure services.

What is the significance of the Oracle and AT&T partnership?

The partnership is crucial for AT&T's cloud transition and supports its growth in a rapidly evolving telecommunications market.