Oracle Corporation (ORCL) stock is enjoying a boost today after NTT DATA Japan announced its decision to leverage Oracle Alloy. This strategic partnership will empower Japanese organizations, both public and private, to embrace the cloud with greater ease and confidence.
By incorporating Oracle Alloy into its data centers, NTT DATA Japan gains access to over 150 Oracle Cloud Infrastructure services, including cutting-edge AI capabilities. This move represents a significant step forward in their mission to deliver robust, secure, and user-friendly cloud solutions tailored to the specific needs of the Japanese market.
Oracle Alloy is designed to empower Oracle partners, like NTT DATA Japan, to become cloud service providers. This enables them to offer a wider range of services and expand their reach within the cloud ecosystem.
NTT DATA Japan is utilizing Alloy to enhance its sovereign cloud platform, OpenCanvas, which is hosted in two strategic data centers. This integration seamlessly integrates Oracle Cloud Infrastructure capabilities, covering infrastructure, platform services, and cloud-native tools.
Looking ahead, NTT DATA Japan plans to expand OpenCanvas even further. Additional features are slated to launch in the Japan East region by December 2025, followed by the Japan West region by March 2027.
This collaboration reflects Oracle’s commitment to supporting Japan’s burgeoning cloud computing and AI infrastructure needs. In April, Oracle announced an investment of over $8 billion over the next 10 years to fuel this growth.
Scott Twaddle, senior vice president of Product and Industries at Oracle Cloud Infrastructure, highlighted the significance of Oracle Alloy in this partnership. He stated, “Oracle Alloy enables NTT DATA Japan to utilize the latest cloud and AI technologies to enhance its data center capabilities, helping its customers unlock new growth opportunities.”
Echoing this sentiment, Toshimitsu Misawa, member of the board, corporate executive officer, and president of Oracle Japan, emphasized the shared commitment to delivering innovative solutions: “NTT DATA Japan and Oracle Japan are united in their commitment to delivering secure, user-friendly cloud services to our customers in Japan that incorporate cutting-edge technologies.”
Investors interested in gaining exposure to Oracle can consider ETFs like the iShares Expanded Tech-Software Sector ETF (IGV) and the Pacer Funds Pacer Data and Digital Revolution ETF (TRFK).
At the time of writing, ORCL shares were trading up 0.69% at $174.29.
This partnership signifies a major stride towards empowering businesses in Japan with the tools they need to succeed in the digital age. With the robust cloud services and AI capabilities offered by Oracle Alloy, NTT DATA Japan is positioned to become a key player in the growing Japanese cloud market.