On its earnings call Wednesday, Oracle bragged about a big deal for AT&T to deploy enterprise applications on Oracle's cloud, saying the agreement will be a signal to other enterprises to follow the service provider's lead.
AT&T Inc. (NYSE: T) has agreed to migrate thousands of existing Oracle Corp. (Nasdaq: ORCL) databases, with petabytes of data and associated application workloads to the Oracle Cloud, Oracle executives said in the company's earnings announcement.
The AT&T deal, announced May 4, provided no revenue in the most recent quarter. But AT&T will be an important reference customer and will demonstrate cloud momentum, CEO Mark Hurd said on the earnings call.
AT&T has more than 10,000 Oracle databases, including several hundred large databases with 70% to 75% of all company data. In the migration, AT&T needed to satisfy regulatory requirements on the kinds of data allowable in the public cloud, as well modernizing and consolidating infrastructure and applications.
For more on Oracle's earnings (spoiler alert: they were great), see our sister site, Enterprise Cloud News: Oracle Earnings Soar on Cloud Growth .
— Mitch Wagner Editor, Enterprise Cloud News