Oracle has announced the launch of a new cloud infrastructure platform designed to enable financial institutions, software vendors and other organisations to provide cloud services to their customers.

The company said that Oracle Alloy allows these organisations to brand and tailor cloud services to their customers as well as offer added services to meet specific market needs.

Alloy can be used independently in the organisation’s own data centres and operations can be fully controlled to meet regulatory requirements.

Commenting on the news Clay Magouyrk, executive vice president at Oracle Cloud Infrastructure (OCI), said: “Giving our partners and customers more choice has long been a primary focus for OCI. Today, we’re going one step further by providing our partners with the option to become cloud providers so that they can build new services faster and address specific market and regulatory requirements.”

He added: “As cloud providers, our partners have more control over the customer experience for their targeted customer or industry, including where the workloads reside and how their cloud is operated.”

Share Story: