Cloud-based platform: Telefonica signs deal with Oracle to migrate database systems

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Cloud-based platform: Telefonica signs deal with Oracle to migrate database systems
Cloud-based platform: Telefonica signs deal with Oracle to migrate database systems

Including business intelligence services and billing, revenue and customer management products, the telecoms operator, which already uses Oracle data systems, will transfer them to a fully cloud-based platform supporting its internal and commercial operations

In preparation for the use of 5G and the Internet of Things (IOT), a multi-year deal has been signed by Spain’s Telefonica with Oracle, the cloud-service provider to migrate most of its database systems to the cloud-based platform, the firms said on Monday.

Including business intelligence services and billing, revenue and customer management products, the telecoms operator, which already uses Oracle data systems, will transfer them to a fully cloud-based platform supporting its internal and commercial operations.

To keep costs down, ensure security and comply with European data laws, the new cloud-based platform will be operated by Oracle in Telefonica’s own datacentres, the joint statement said.

“We need to consolidate and simplify our technological infrastructure to build a robust and scalable cloud-based platform in our own data centres to satisfy the changing needs of our business”, Telefonica’s Tech and IT Transformation director Fidel Jesus Fernandez said.

The beleaguered operator squeezed in recent years by a competitive, increasingly low-cost Spanish market and high costs as it rehauls its physical and digital infrastructure is betting on the acceleration of digitalisation amid the pandemic.

As businesses worldwide seek to migrate their systems online, cloud computing has surged a boon for providers like Amazon, IBM and Microsoft, but also drawing scrutiny for the potential regulatory and cyber-security risks which fully cloud-based operations entail.

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