Uber Technologies, Inc. and Oracle have entered into a seven-year cloud partnership to drive increased profitability and accelerate Uber’s innovation. This strategic agreement will see Uber migrate some of its critical workloads to Oracle Cloud Infrastructure (OCI), which will allow Uber to modernize its infrastructure while accelerating its path to profitability.
Oracle CEO, Safra Catz, says, “Enterprises, governments, and startups around the world are recognizing the differentiation of Oracle Cloud Infrastructure and experiencing our performance, security, and economic benefits versus other hyperscalers.”
The strategic partnership with Uber is validation of OCI’s strategy and product vision, as customers want both flexibility and best-in-class price-performance infrastructure across a global footprint. This new development partnership will enable Uber to focus on its core strengths and strategic initiatives as it continues to expand into new markets.
“To deliver on that promise for customers while building value for shareholders, we needed a cloud provider that will help us maximize innovation while reducing our overall infrastructure costs. Oracle provides an ideal combination of price, performance, flexibility, and security to help us deliver incredible customer service, build new products, and increase profitability,” said Uber CEO, Dara Khosrowshahi.
The partnership will also cover other areas of collaboration between the two companies, with Oracle becoming a global Uber for Business client and selecting Uber as a preferred rideshare for its employees to travel and eat around the world. Uber and Oracle will also co-innovate on retail and delivery solutions that will evolve from the cloud partnership, including consumer experiences with last-mile logistics.
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