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United States Department of Agriculture Selects Oracle Cloud for STRATUS Contract

1. USDA chooses Oracle Cloud for its STRATUS program to enhance efficiency. 2. STRATUS streamlines access to cloud solutions for federal agencies. 3. OCI provides significant cost savings compared to other cloud providers. 4. Federal agencies can modernize operations using Oracle's cloud services. 5. STRATUS accelerates cloud migration for civilian and defense agencies.

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FAQ

Why Bullish?

The STRATUS program could significantly expand Oracle's federal business, similar to past gains from government contracts. For instance, similar initiatives in the past have historically boosted service demand and operational footprint leading to an increased stock price.

How important is it?

The STRATUS program positions Oracle prominently within a lucrative market, potentially leading to significant revenue increases and investor interest. Government contracts add stability to Oracle's revenue streams, enhancing market perception.

Why Long Term?

Oracle's inclusion in STRATUS sets a foundation for continuous federal engagements, indicating future revenue growth. Past contracts with government agencies have shown sustained benefits over multiple years.

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STRATUS program enables federal agencies to implement Oracle's high-performance cloud infrastructure and applications for greater efficiency , /PRNewswire/ -- Oracle Federal Forum -- The United States Department of Agriculture (USDA) has chosen Oracle Cloud as part of its STRATUS program. Managed through the USDA's Digital Infrastructure Services Center (DISC), STRATUS streamlines access to cloud infrastructure solutions for federal agencies, while also providing technical support services and training. With Oracle Cloud part of STRATUS, federal agencies can procure Oracle Cloud services, including database, compute, storage, AI infrastructure and AI services, and applications to help modernize their operations, increase performance and security, and reduce costs. "STRATUS provides a range of services from cloud brokering services to managed solutions," said Dave Peters, ACIO, USDA. USDA currently leverages multiple Oracle Cloud solutions, including Oracle Cloud Infrastructure (OCI), Oracle Exadata, finance, and HR applications to enhance critical operations NFC Insight, EmpowHR, and APHIS Plant Protection and Quarantine. Through STRATUS, both USDA and non-USDA agencies can also now use OCI services in Oracle US Government Cloud and leverage the scalability, price, and performance benefits of OCI to help reduce costs and the complexity of managing multiple cloud vendor deployments. For example, on average, OCI costs 50 percent less for compute, 70 percent less for storage, and 80 percent less for networking than other cloud providers. "USDA STRATUS will enable federal agencies to more quickly move toward multicloud solutions, creating greater agency efficiency," said Kim Lynch, executive vice president, Government, Defense & Intelligence, Oracle. "With Oracle's inclusion in the STRATUS program, civilian and defense agencies can now accelerate their cloud migration leveraging Oracle's applications and the superior AI capabilities, scalability, and performance of OCI." About USDAThe USDA provides economic opportunity through innovation, helping rural America to thrive; to promote agriculture production that better nourishes Americans while also helping feed others throughout the world; and to preserve our Nation's natural resources through conservation, restored forests, improved watersheds, and healthy private working lands. Please visit www.usda.gov for more information. About OracleOracle offers Intergraded suites of applications plus secure, autonomous infrastructure in the Oracle Cloud. For more information about Oracle (NYSE: ORCL), please visit us at www.oracle.com TrademarksOracle, Java, MySQL and NetSuite are registered trademarks of Oracle Corporation. NetSuite was the first cloud company—ushering in the new era of cloud computing. SOURCE Oracle WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

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