Oracle secures cloud contract with Hitachi Construction, enhancing performance and reducing costs

From Nasdaq: 2024-07-02 08:01:00

Oracle secures a major cloud migration deal with Hitachi Construction Machinery, leveraging Oracle Cloud Infrastructure for performance enhancements and cost reductions. The move is part of Hitachi’s digital transformation strategy.
The deal boosts Oracle’s position in the competitive cloud services market, facing strong competition from AWS, Microsoft Azure, and Google Cloud. AWS leads with a 31% market share, followed by Azure and Google Cloud.
The infrastructure stock boom in the U.S. is imminent, with trillions set to be spent on rebuilding. Zacks offers a Special Report on 5 companies poised to benefit the most from this massive investment in roads, bridges, and more. Download the report for free to capitalize on this opportunity.



Read more at Nasdaq: Oracle (ORCL) Secures Cloud Contract With Hitachi Construction