Spain’s Telefonica has signed a multi-year deal with cloud-service provider Oracle to migrate most of its database systems to the cloud, in preparation for the use of 5G and the Internet of Things.
The telecoms operator, which already uses Oracle data systems, will transfer them to a fully cloud-based platform supporting its internal and commercial operations, including business intelligence services and billing, revenue and customer management products.
The new platform will be operated by Oracle in Telefonica’s own datacentres to keep costs down, ensure security and comply with European data laws.
“We need to consolidate and simplify our technological infrastructure… to build a robust and scalable cloud platform in our own data centres… to satisfy the changing needs of our business,” Telefonica’s Tech and IT Transformation director Fidel Jesus Fernandez said.
Cloud computing has surged as businesses worldwide seek to migrate their systems online, a boon for providers like Amazon, IBM and Microsoft – but also drawing scrutiny for the potential regulatory and cybersecurity risks which fully cloud-based operations entail.