Oracle, Telecom Italia Join To Accelerate Digital Transformation Of Italian Enterprises

Oracle (ORCL), Telecom Italia or TIM (TIAOF.PK,TI), and Noovle have signed a collaboration agreement, under which TIM Group plans to utilize advanced cloud infrastructure technologies to support its goal of advancing Italy's digital modernization. Noovle SpA is TIM Group's dedicated center of excellence for cloud and edge computing. The companies plan to use their assets and expertise to develop and manage multicloud-architecture services for Italian enterprises.

Telecom Italia has selected Oracle Cloud Infrastructure as part of its multi-cloud strategy to migrate the Group's mission-critical data management workloads to the public cloud. Also, TIM has selected Oracle Fusion Cloud Enterprise Resource Planning to optimize its finance and supply chain processes and help grow new revenue streams.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
Asweets Global Inc. is recalling about 2,000 units of Wonder & Wise Activity Tables for potential risk of choking hazard to young children, a statement by the U.S. Consumer Product Safety Commission (CPSC) showed. The company said the screws of the tables can become loose and/or detach from the xylophone component of the activity tables to pose a choking hazard to young children. Chinese e-commerce giant Alibaba Group Holdings Ltd. (BABA) reported Thursday a net loss for the fourth quarter that sharply widened from last year, despite 9 percent growth in revenues, hurt by a decreases in the market prices of our equity investments in publicly-traded companies. Omni-channel fashion retailer Macy's, Inc. (M) reported Thursday a first-quarter net income of $286 million or $0.98 per share, sharply higher than $103 million or $0.32 per share in the prior-year quarter. Excluding items, adjusted net income for the quarter was $315 million or $1.08 per share, compared...
Follow RTT