Lloyds Banking (LYG) has expanded its collaboration with Oracle (ORCL) to strengthen its customer experience. Under a multi-year agreement, Lloyds is advancing its multicloud strategy by moving its Oracle databases, which support its business functions and banking services, to Oracle Database@Azure. This strategic move allows Lloyds to run Oracle databases on Oracle Cloud Infrastructure deployed on Oracle Exadata within Microsoft Azure data centers. Additionally, Lloyds is leveraging Oracle Exadata Cloud@Customer to operate a number of databases in its own data centers.
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