European Commission loves Oracle enough to sign six-year cloud deal

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European Commission loves Oracle enough to sign six-year cloud deal
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Larry promised Brussels 'less risk and cost' and they believed it

The Commission selected OCI following a competitive procurement procedure, although Big Red has not disclosed the winning bid.

Oracle said the deal is intended to allow EU institutions and bodies to meet compliance, data governance, and regulatory mandates with"less risk and cost." "The lack of trust in cloud technologies remains a barrier to a well-functioning data economy. EUCS will introduce a harmonized set of security requirements and conformity assessment methodologies so that cloud consumers can make informed decisions. Having a harmonized set of cybersecurity requirements across Europe will promote trust in cloud services, thus fostering the uptake of cloud technologies," Oracle said in a statement.

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