Consulting giant Accenture PLC (ACN) has teamed up with Oracle
Corp. (ORCL) to offer cloud-based solutions for the public,
financial and hospitality sectors.
The collaboration will help speed cloud migration by
streamlining the buying process for Accenture services on Oracle's
cloud technology, the two companies said in a release.
Customers will be able to use accelerators, such as data
migration and training tools, and industry-specific extensions with
Oracle's software-as-a-service and platform-as-a-service offerings,
they said.
Oracle built its empire by selling databases and other software
essentials to behind-the-scenes operations at many big companies.
Now it is trying to break out of a long stretch of meek revenue
growth with newer technologies, including a different style of
database, as well as human-resources and corporate-marketing
software refashioned for the Web and sold as a subscription.
Revenue from a collection of these newer "cloud" software
offerings rose 29% in Oracle's latest quarter ended in
February.
Write to Chelsey Dulaney at chelsey.dulaney@wsj.com
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