Panasonic Information Systems Selects Oracle Cloud Infrastructure to Drive Modernization of Internal Systems Across the Group [Yahoo! Finance]
Oracle Corporation (ORCL)
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Source: Yahoo! Finance
Successfully reduces database infrastructure cost by 50 percent in the first phase AUSTIN, Texas June 13 /PRNewswire/ -- Panasonic Information Systems Co., Ltd. (Panasonic IS), the IT subsidiary of Panasonic Holdings Corporation, has selected Oracle Exadata Database Service on Oracle Cloud Infrastructure (OCI) as the cloud database platform to support the internal systems used by all companies within the Panasonic Group . This entails migrating more than 2,000 database environments from hundreds of internal systems to Oracle Exadata Database Service on OCI. In the first phase of the project, Panasonic IS has successfully migrated 30 systems from on-premises to the cloud, resulting in a reduction of approximately 50 percent in database infrastructure costs. Panasonic Group is a global leader in developing innovative technologies and solutions for a wide-range of consumer electronic appliances. To sustain its competitive edge, the Panasonic Group is modernizing its on-premises IT e
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ORCL
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- 6/11/24 - Beat
ORCL
Sec Filings
- 6/21/24 - Form 4
- 6/20/24 - Form 144
- 6/20/24 - Form 10-K
- ORCL's page on the SEC website