Uber Selects Oracle Cloud Infrastructure

Rhea-AI Summary

Oracle has entered a seven-year strategic partnership with Uber to enhance Uber's innovation and profitability through the Oracle Cloud Infrastructure (OCI). The partnership aims to migrate critical workloads to OCI, modernizing Uber's infrastructure to focus on core business strengths. Uber's CEO emphasized the need for a cloud provider that offers innovation while reducing costs. This agreement also includes Oracle becoming a global Uber for Business client, using Uber for employee travel. The collaboration underscores the growing validation of OCI’s capabilities in the cloud market.

Positive

• Partnership with Uber enhances innovation and profitability for both companies.
• Oracle Cloud Infrastructure will modernize Uber's critical workloads.
• Oracle becomes a global client of Uber for Business, increasing mutual collaboration.

Negative

• None.

AUSTIN, Texas, Feb. 13, 2023 /PRNewswire/ -- Oracle and Uber Technologies, Inc., today announced a seven-year strategic cloud partnership to accelerate Uber's innovation, help deliver new products to market, and drive increased profitability. 

As Uber continues to grow and enter new markets, it is increasingly important for the business to focus resources on its core strengths and strategic initiatives. By migrating some of the company's most critical workloads to Oracle Cloud Infrastructure (OCI), Uber will be in a position to modernize its infrastructure while also accelerating its path to profitability.

"Uber is revolutionizing the way people, products, and services move across continents and through cities," said Uber CEO, Dara Khosrowshahi. "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."

This new strategic partnership with Uber along with recent analyst reports serve as powerful validation of OCI's strategy and product vision. Customers want both flexibility and best-in-class price-performance infrastructure across a global footprint. Uber can now take advantage of these capabilities that only OCI provides.

"Uber is expanding into a 'go anywhere, get anything' platform, and the company needed a cloud partner that shares a relentless focus on innovation," said Oracle CEO, Safra Catz. "This landmark competitive win for OCI is further validation of the momentum and acceleration we are experiencing in the market. 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."

Along with the OCI agreement, the strategic partnership includes other areas of collaboration between the two companies. Oracle will become a global Uber for Business client, selecting Uber as a preferred rideshare for its employees to travel and eat around the world. Uber and Oracle will also continue co-innovating on additional retail and delivery solutions that will evolve from the cloud partnership including consumer experiences with last-mile logistics.

Additional Resources

• Learn more about Oracle Cloud Infrastructure

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 significance of the Oracle and Uber partnership announced in February 2023?

The partnership aims to enhance innovation and profitability for Uber through the migration of critical workloads to Oracle Cloud Infrastructure.

How will the Oracle Cloud Infrastructure affect Uber's operations?

It will help modernize Uber's infrastructure, enabling a focus on core business strengths and accelerating its path to profitability.

What additional areas will Oracle and Uber collaborate on?

They will co-innovate on retail and delivery solutions, enhancing consumer experiences in last-mile logistics.

What did Uber's CEO say about the partnership with Oracle?

Uber's CEO emphasized the need for a cloud provider that maximizes innovation while reducing overall infrastructure costs.

How does Oracle view the partnership with Uber?

Oracle sees it as a landmark competitive win for OCI, validating its market momentum and capabilities.