Oracle and Telefonica partner on cloud platform as a service

Oracle and Telefónica Tech have joined forces to offer cloud platform as a service and applications to Telefónica Tech’s enterprise and public sector customers.

Oracle Cloud Infrastructure (OCI) services will be integrated into Telefónica Tech's portfolio as part of the partnership.

Through its built-in security capabilities, OCI is described as providing superior performance, high availability, and lower costs for mission-critical workloads and cloud-native environments in large enterprises and public sectors.

Telefónica is also signing up as a host partner for Oracle Cloud Madrid Region to address the rising demand for cloud services in Spain.

Through the new cloud region, businesses and public entities in Spain will be able to access a comprehensive set of cloud services that combine low latency, high performance, and the most advanced security measures, the companies said. Customers will also benefit from business continuity and remain compliant with local data residency and compliance requirements.

In addition to Madrid, Oracle plans to open at least 44 cloud regions by the end of 2022, a move that would make it one of the fastest-growing cloud providers.

Most importantly, Oracle's hybrid and multi-cloud strategy is in line with Telefonica's commitment to hosting customer data regionally or in-country whenever possible and providing customers with a cloud solution that meets their data sovereignty requirements.

"With Oracle Cloud Infrastructure, we are complementing Telefonica's robust cloud services offering with a cloud platform that has seen strong growth over the last year as customers all over the world use it to run their most mission-critical workloads in the cloud," said Albert Triola, SVP and country leader of Oracle Spain.

"Our partnership with Telefonica also comes at a propitious moment for Spain, with the ongoing application of EU recovery funds to boost cloud adoption and business competitiveness in the country. This agreement reaffirms our commitment to providing Spanish businesses and public sector entities with a secure and scalable cloud services platform that helps accelerate the adoption of AI, machine learning and other new technologies in organizations of all sizes and sectors,” added Triola.