Telecom Italia will collaborate with Oracle to provide cloud services in Italy.

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Telecom Italia (MI: TLIT) (TIM) and its subsidiary Noovle have partnered with Oracle (NYSE: ORCL) to offer cloud services in Italy, according to a joint statement released on Friday by the three firms.

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Under the terms of the agreement, the companies will give services to businesses and government agencies to help them
execute a so-called “multi-cloud strategy,” which will allow them to transfer to a different provider in the event of a service
failure.

Oracle was also chosen by TIM to assist with the migration of the company’s mission-critical data management workloads to the public cloud, according to the company.

Story By: Norvisi Mawunyegah