financetom
Business
financetom
/
Business
/
NTT DATA Japan Taps Oracle Alloy To Boost Sovereign Cloud Solutions: Details
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
NTT DATA Japan Taps Oracle Alloy To Boost Sovereign Cloud Solutions: Details
Nov 3, 2024 4:34 AM

Oracle Corporation ( ORCL ) shares are trading higher on Thursday. The company disclosed that NTT DATA Japan has chosen Oracle Alloy to support Japanese organizations in both the public and private sectors.

This partnership will accelerate cloud adoption while ensuring data sovereignty and compliance.

With Oracle Alloy implemented in its data centers, NTT DATA Japan will provide customers access to over 150 Oracle Cloud Infrastructure services, including advanced AI capabilities.

Oracle Alloy enables Oracle partners to become cloud service providers. NTT DATA Japan will enhance its sovereign cloud, OpenCanvas, using Alloy in two data centers, integrating Oracle Cloud Infrastructure capabilities, including infrastructure, platform services, and cloud-native tools.

The company says that additional features are set to launch in the Japan East region by December 2025 and the Japan West region by March 2027.

Scott Twaddle, senior vice president, Product and Industries, Oracle Cloud Infrastructure stated, “Oracle Alloy enables NTT DATA Japan to utilize the latest cloud and AI technologies to enhance its data center capabilities, helping its customers unlock new growth opportunities.”

Toshimitsu Misawa, member of the board, corporate executive officer, and president, Oracle Japan, stated, “NTT DATA Japan and Oracle Japan are united in their commitment to delivering secure, user-friendly cloud services to our customers in Japan that incorporate cutting-edge technologies.”

In April, Oracle disclosed that it plans to invest over $8 billion in the next 10 years to cater to Japan's growing demand for cloud computing and AI infrastructure. 

Investors can gain exposure to Oracle through iShares Expanded Tech-Software Sector ETF ( IGV ) and Pacer Funds Pacer Data and Digital Revolution ETF .

Price Action: ORCL shares are up 0.69% at $174.29 at the last check Thursday.

Read Next:

Dan Ives Acknowledges Nvidia, Microsoft As ‘Core Drivers Of AI’ But Sees Palantir, IBM, AMD And Apple Joining The Party As Well — Robust Q3 Earnings Expected

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Apple CEO forecasts holiday quarter iPhone sales that top Wall Street estimates
Apple CEO forecasts holiday quarter iPhone sales that top Wall Street estimates
Oct 30, 2025
WASHINGTON (Reuters) -Apple ( AAPL ) Chief Executive Tim Cook on Thursday gave forecasts for holiday quarter iPhone sales and overall revenue that surpass Wall Street expectations, powered by orders for iPhone 17 models that the company is racing to fulfill amid continuing supply constraints.  The constraints, as well as delays in shipping new phones to China, led Apple (...
Viking Acquisition Corp. I Announces Pricing of $200,000,000 Initial Public Offering
Viking Acquisition Corp. I Announces Pricing of $200,000,000 Initial Public Offering
Oct 30, 2025
NEW YORK, Oct. 30, 2025 (GLOBE NEWSWIRE) -- Viking Acquisition Corp. I (the Company), a Cayman Islands exempted company, announced today that it priced its initial public offering of 20,000,000 units at $10.00 per unit. The units are expected to be listed on the New York Stock Exchange (NYSE) and trade under the ticker symbol VACI.U beginning on October 31, 2025. Each unit...
PRESS DIGEST-Financial Times - October 31
PRESS DIGEST-Financial Times - October 31
Oct 30, 2025
Oct 31 (Reuters) - The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy. Headlines * EQT weighs bid for 10 billion euros German car marketplace Mobile.de * Delaware attorney-general warns of legal action if OpenAI fails to act in public interest * Aquarian Holdings nears $4...
MEG Energy adjourns shareholder vote on Cenovus offer citing regulatory inquiry
MEG Energy adjourns shareholder vote on Cenovus offer citing regulatory inquiry
Oct 30, 2025
* MEG vote rescheduled to November 6 * Cenovus and former rival Strathcona announced voting support deal Monday * Meeting delay will allow for disclosures around Cenovus sale of assets to Strathcona (Adds regulator comment in paragraph 9, background) By Amanda Stephenson Oct 30 (Reuters) - The board of Canadian oil sands company MEG Energy ( MEGEF ) adjourned its...
Copyright 2023-2026 - www.financetom.com All Rights Reserved