Oracle, stc announce business partnership

Oracle Corporation and STC Group signed a partnership agreement enabling both organisations to better serve local and regional markets.

The announcement came after a visit by Oracle’s CEO Safra A. Catz to stc’s headquarters.

During the visit, both organisations celebrated 18 years of partnership and discussed future collaborations.

Emphasizeing our role as global powerhouse.

We signed a partnership agreement with Oracle
enabling local and regional markets and building a digital ecosystem with global aspirations pic.twitter.com/KIrGzsv2rz

— مجموعة stc (@stc) November 30, 2022

“This agreement confirms the commitment from both stc and Oracle to bring to the market the needed cloud based technological infrastructure and applications to support regional digital economy ambitions,” said stc’s group CEO Eng Olayan Alwetaid.

“Oracle’s industry-leading cloud offerings and stc’s regional capability are a powerful combination that can help our customers drive innovation and achieve business growth,” stated Catz.

As part of this agreement, stc will leverage Oracle’s cloud platform to migrate its business-support database workloads. This will allow stc to simplify and modernise its cloud technology landscape.

In other news, last month, UAE’s Port of Fujairah chose Oracle Fusion Cloud Applications Suite for finance, human resources and supply chain to improve insights, reduce costs, enhance employee engagement and streamline its global procurement process.

Read: Port of Fujairah opts for Oracle cloud to accelerate growth and support global trade

With Oracle Fusion Applications, the port can take advantage of the cloud to break down organisational silos, standardise processes and manage financial, HR and supply chain data on a single integrated cloud platform.