Technology

Oracle and Microsoft Add Powerful, Flexible New Services to Oracle Database@Azure and Expand Regional Availability

Published

2 years ago

March 20, 2025

Oracle Exadata Database Service on Exascale Infrastructure now available

Oracle Base Database Service on Oracle Database@Azure is coming soon

AUSTIN, Texas, March 20, 2025 /PRNewswire/ — Oracle today announced the general availability of Oracle Exadata Database Service on Exascale Infrastructure on Oracle Database@Azure. The Exascale deployment option eliminates the need to provision dedicated database and storage servers and gives customers the performance, reliability, and availability of Oracle Exadata Database Service with up to 95 percent lower minimum infrastructure costs. Additionally, Oracle Base Database Service on Oracle Database@Azure will be available soon to help customers run Oracle Database workloads on virtual machines with easier administration and pay-as-you-go pricing. To meet growing customer demand, Oracle Database@Azure is now available in the Microsoft Azure East U.S. 2 region to bring the total to 14 available regions with 18 more regions planned to be available in the next 12 months. Finally, Oracle Exadata Database Service on Dedicated Infrastructure now supports the next-generation Exadata X11M platform.

“Vodafone’s business and applications have comprehensive service, market, and regional configurations guided by strict performance, scale, and functional requirements,” said Pedro Sardo, CIO, Shared Services and Director, Group IT Operations, Vodafone. “The ability to continue to utilize Oracle Base Database Service alongside Exadata Database Service on Dedicated Infrastructure now on Oracle Database@Azure supports us with application and business continuity, simplifies our cloud migration efforts, and ensures we’re extracting value from our continued investments in the cloud.”

“We designed Exascale Infrastructure to deliver Exadata’s powerful capabilities in a multi-tenant, hyper-elastic cloud form that can be consumed by organizations of any size for all critical workloads,” said Karan Batta, senior vice president, Oracle Cloud Infrastructure. “Oracle Exadata Database Service on Exascale Infrastructure on Oracle Database@Azure is a key advancement in our multicloud strategy and collaboration with Microsoft that will give joint customers new opportunities for success in the cloud.”

“Microsoft and Oracle’s collaboration on Oracle Database@Azure continues to see strong global customer demand,” said Brett Tanzer, vice president, Azure product management, Microsoft. “The addition of Oracle Exadata Exascale and Base Database Managed Services to Oracle Database@Azure gives customers of all sizes greater choice in performance, scale, and flexibility to accelerate innovation with Microsoft’s AI, analytics, security, apps and other services.”

Exascale on Oracle Database@Azure Delivers Power and Flexibility
With Oracle Exadata Database Service on Exascale Infrastructure on Oracle Database@Azure, customers can provision and manage smaller database workloads and scale as needed while leveraging the power of Exadata. With Oracle Exadata Database Service on Exascale Infrastructure, customers benefit from a unique and intelligent data architecture that provides:

Elastic, pay-per-use resources: With Exascale, resources are completely elastic and pay-per-use, with no extra charge for IOPS. Users only specify the number of database server ECPUs and storage capacity they need, and every database is spread across pooled storage servers for high performance and availability. This reduces the cost of entry-level infrastructure for customers using Exadata Database Service as part of Oracle Database@Azure by up to 95 percent and enables flexible and granular on-line scaling of resources.Intelligent storage cloud: Exadata Exascale’s intelligent, RDMA-capable storage cloud distributes databases across all available storage servers and uses data aware, intelligent Smart Scan to make thousands of CPU cores available to speed up any database query. Exascale Storage Cloud intelligently moves hot or frequently accessed data from disk to memory or flash, and delivers the performance of DRAM, the IOPs of flash, and the capacity of disks.Intelligent AI: Exascale uses AI Smart Scan, a unique way to offload data and compute-intensive AI Vector Search operations to the Exascale intelligent storage cloud. AI Smart Scan and Exadata System Software 24ai run key vector search operations up to 30X faster enabling customers to run thousands of concurrent AI vector searches in multi-user environments.Intelligent OLTP: Intelligent ultra-fast RDMA communication between database servers enables high-throughput OLTP applications to scale across Exascale Virtual Machine clusters and support more concurrent users. The low latency provided by RDMA communication also provides ultra-fast response times for mission-critical transactions.Intelligent analytics: Unique data intelligence automatically offloads data-intensive SQL queries to the Exascale intelligent storage cloud, enabling extreme throughput scaling of up to 2,880 GB/s for analytics. Automatic columnarization converts data into an ultra-fast in-memory columnar format that automatically uses flash caches in the Exascale intelligent storage cloud to increase capability and performance.Database-aware intelligent clones: Users can use advanced snapshot capabilities to instantly create full copies or thin clones using the Exascale intelligent storage cloud and its redirect-on-write technology, helping to accelerate the DevOps operating model.

Oracle Exadata Database Service on Exascale Infrastructure is available for purchase in the Azure Marketplace with a custom quote through a private offer or on a pay-as-you-go basis. Customers can use existing Azure commitments, discount programs, and Oracle license benefits, such as Bring Your Own License (BYOL) and Oracle Support Rewards.

Oracle Base Database Service Coming to Oracle Database@Azure
Oracle and Microsoft plan to make Oracle Base Database Service available on Oracle Database@Azure soon. Oracle Base Database Service will run Oracle Database Enterprise Edition and Standard Edition 2 versions of 19c and 23ai on virtual machines. It will provide automated database lifecycle management that reduces administration, low-code application development capabilities, and independently scalable compute and storage resources with pay-as-you-go pricing.

Oracle Exadata Database Service on Dedicated Infrastructure Now Supports Exadata X11M
Oracle Exadata Database Service on Dedicated Infrastructure now supports Oracle Exadata X11M to deliver significant performance improvements across AI, analytics, and online transaction processing (OLTP) compared to the previous generation. Customers also have the choice and flexibility to use Exadata X11M’s architecture across on-premises, hybrid cloud, public cloud, and multicloud environments.

Powerful Cloud Database Service Expands to Meet Global Demand
Oracle Database@Azure is now available in the Azure East U.S. 2 region. This brings the total availability to 14 regions along with Australia East, Brazil South, Canada Central, Central U.S., East U.S., France Central, Germany West Central, Italy North, Japan East, Southeast Asia, UK South, UK West, and West U.S.

In addition, Oracle Database@Azure is planned to be available in 18 more regions in the next 12 months. This includes Australia Southeast, Brazil Southeast, Canada East, Central India, France South, Japan West, Germany North, North Central US, North Europe, South Central U.S., South India, Spain Central, Sweden Central, UAE Central, UAE North, West Europe, West U.S. 2, and West U.S. 3.

With Oracle Database@Azure running on OCI in Azure datacenters, customers benefit from:

Flexible options to simplify and accelerate migrating their Oracle databases to the cloud, including compatibility with proven migration tools such as Oracle Zero-Downtime MigrationThe ability to build new cloud-native applications using Oracle Database, OCI and Azure technologies, including the rich set of Azure development and AI servicesPricing parity with OCI for the highest level of Oracle Database performance, scale, and availability only possible through Oracle Exadata engineered systems underpinning Oracle Database@AzureThe simplicity, security, and low latency to build integrated solutions with Autonomous Database and Azure servicesConsistency with on-premises deployments of Oracle Database and Oracle Exadata to reduce the need to rearchitect or refactor solutionsUnified customer experience and support from Oracle and MicrosoftSimplified purchasing and the ability to leverage Oracle and Microsoft licenses, commitments, and discount programsValidated Oracle Maximum Availability Architecture (MAA) Silver, Gold, and Platinum tiers for Oracle Exadata Database Service on Oracle Database@AzureThe assurance of a unified service and architecture that are tested and supported by two of the most trusted names in the cloud

About Oracle Distributed Cloud
Oracle’s distributed cloud delivers the benefits of cloud with greater control and flexibility. Oracle’s distributed cloud lineup includes:

Public cloud: Hyperscale public cloud regions serve any size of organization, including many of those requiring strict EU sovereignty controls. See the full list of regions here.Dedicated cloud: Customers can run all OCI cloud services in their own data centers with OCI Dedicated Region, while partners can resell OCI cloud services and customize the experience using Oracle Alloy. Oracle also operates separate U.S., UK, and Australian Government Clouds, and Isolated Cloud Regions for national security purposes. Each of these products provides a full cloud and AI stack that customers can deploy as a Sovereign Cloud.Hybrid cloud: OCI delivers key cloud services on-premises via Oracle Exadata Cloud@Customer and Compute Cloud@Customer and is already managing deployments in over 60 countries. Additionally, OCI Roving Edge Infrastructure, which consists of multiple configurations of ruggedized and portable high-performance devices, helps customers leverage remote AI inferencing at the edge. Multicloud: OCI is physically deployed within all the hyperscale cloud providers, including AWS, Google Cloud, and Microsoft Azure, providing low latency, natively integrated Oracle database services, including Oracle Database@AWS, Oracle Database@Azure, Oracle Database@Google Cloud, and Oracle HeatWave on AWS. Oracle Interconnect for Microsoft Azure and Oracle Interconnect for Google Cloud allow customers to combine key capabilities from across clouds.

Additional Resources

Learn more about Exascale’s benefitsLearn more about Oracle Database@AzureLearn more about Oracle Exadata Database Service on Exascale InfrastructureLearn more about Oracle Database services, Oracle Autonomous Database, Oracle Exadata Database Service and Oracle Base Database Service

About Oracle
Oracle offers integrated 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.

Trademarks
Oracle, Java, MySQL and NetSuite are registered trademarks of Oracle Corporation. NetSuite was the first cloud company—ushering in the new era of cloud computing.

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SOURCE Oracle

Technology

Bybit Renews P2P Super Deal with Up to 99% Savings for New Users

Published

51 minutes ago

November 3, 2026

DUBAI, UAE, Nov. 3, 2026 /PRNewswire/ — Bybit, the New Financial Platform trusted by more than 80 million users worldwide, has launched the latest round of its Bybit P2P Super Deal, a new-user exclusive promotion offering guaranteed coupons worth up to 99 USDT and savings of up to 99% on eligible P2P orders.

From now to March 30, 2027, P2P Super Deal continues Bybit’s long-running tradition of rewarding newcomers with meaningful incentives as they begin their crypto journey on the platform’s popular peer-to-peer marketplace.

Eligible new users may complete a first-time deposit or trade of just 10 USDT via Bybit P2P to unlock a guaranteed coupon valued between 10 and 99 USDT, which can be applied to the next eligible P2P order for savings of up to 99%.

How It Works

Signing up and verifications: New users must create a Bybit account and complete the necessary identity verification and visit P2P Super Deal to confirm eligibility.First deposit starting at 10 USDT: Participants can locate the “P2P Super Deal” task on the Bybit P2P Trading page and complete an initial deposit.Lucky draw chance: Upon completing the deposit task, a spin of the lucky draw wheel offers a chance to win a coupon valued at up to 99 USDT.Applying the coupon: The coupon can be applied to the next P2P order, reducing the fiat amount paid and delivering savings of up to 99%.

The latest Bybit P2P Super Deal presents a bonus opportunity. For participants who complete an eligible trading or deposit task at 100 USDT or more, an additional spin is available for them to unlock more chances to win higher-value rewards.

Bybit offers year-round benefits for the trading community across its products and services. Bybit P2P combines zero trading fees, support for a wide range of fiat currencies, and an enterprise-grade escrow system, making it an intuitive and powerful platform for both new and experienced traders.

More details on event mechanics, eligibility, and terms and conditions are available at: Learn more about the P2P Super Deal

#Bybit / #NewFinancialPlatform

About Bybit

Bybit is The New Financial Platform.

We believe every person should have access to every financial opportunity on earth. That’s why we’re building the first intelligent platform that connects anyone, anywhere to the world’s finance.

Trusted by more than 80 million users worldwide, Bybit brings together investing, trading, payments, and wealth-building in a single secure and intelligent ecosystem. Through the combination of AI-powered technology, deep global liquidity, robust security, and transparent operations, Bybit makes global finance more accessible, efficient, and empowering for everyone.

Built for everyone. Powered by intelligence. Open to the world.

Learn more at Bybit.com.
For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: media@bybit.com
For updates, please follow: Bybit’s Communities and Social Media

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Technology

Asset manager margins squeezed as infrastructure bill climbs, PwC finds

Published

51 minutes ago

November 3, 2026

Infrastructure moves up the strategic agenda as asset managers confront margin pressure

LUXEMBOURG, Nov. 3, 2026 /PRNewswire/ — Infrastructure is moving from the back office to the centre of asset managers’ strategy. With profit per AuM down 19% since 2018 and projected to fall another 9.1% by 2030, decisions on what to build, buy or access through partners now shape how firms compete, according to PwC’s Global Asset Management Infrastructure: Rethinking the industry’s piping report. 67% say fee compression is limiting their ability to invest.

Spending is also tied to the past: only 23% of asset managers direct most of their technology budget to new capabilities, while 29% spend more than 70% of it maintaining legacy systems.

Surveying 150 asset managers and 50 infrastructure providers, the report finds AI is sharpening these constraints. Some 24% cite data fragmentation and 17% legacy systems as major barriers to scaling AI.

Roland Kastoun, Global Asset and Wealth Management Advisory Leader, PwC, notes: “The industry’s profits per dollar managed have fallen by almost a fifth, and the bill for the pipes keeps rising. The managers who survive the next five years won’t be the ones with the flashiest AI, but rather the ones who fixed the so-called boring stuff first.”

Market data is seen as poor value for money, with 58% ranking it among the most expensive infrastructure layers relative to the value delivered, ahead of regulatory reporting systems (47%) and core technology platforms (46%).

Meanwhile, some 70% of infrastructure providers expect a larger share of industry revenues, while 68% name hyperscale cloud providers as the main emerging threat.

“Seven in ten infrastructure providers expect to take a bigger slice of the pie, which tells you where the power in this industry is quietly shifting,” said Björn Ebert, Financial Services Leader, PwC Luxembourg.

Some 44% favour hybrid sourcing models combining in-house, bought and partnered capabilities, compared with 21% who prefer to buy, 18% to partner and 13% to build in-house.

The report identifies four emerging infrastructure archetypes, namely infrastructure orchestrators, digital and tokenisation platforms, specialist modular providers and integrated asset managers. No single model fits every firm. Each must decide what to own, what to standardise and where a specialist can do the job better. Those who decide early will be better placed to protect margins through 2030.

Media Contact
Penta Group, pwc@pentagroup.com

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Technology

Temu Partners with Latvian IT Cluster to Help Local Businesses Grow Online

Published

51 minutes ago

November 3, 2026

RIGA, Latvia, Nov. 3, 2026 /PRNewswire/ — Temu has signed a memorandum of understanding (MoU) with the Latvian IT Cluster (Latvijas IT klasteris) to support Latvia’s digital business ecosystem, providing local small and medium-sized enterprises (SMEs) with broader access to digital tools, knowledge, and international e-commerce opportunities.

Under the MoU, Temu will collaborate with the Latvian IT Cluster on its programs and activities, host educational webinars and exchange insights with local industry experts. The collaboration brings together Temu’s experience as an international marketplace operator and Latvian IT Cluster’s work helping businesses across sectors adopt digital tools.

Temu and Latvian IT Cluster hosted “The Path to Growth: Navigating E-commerce for European SMEs” on Oct. 20, drawing participants from local businesses across various industries. The webinar covered Temu’s Local Seller Program, logistics and regulatory requirements, and included a Q&A with Temu representatives.

“We are delighted to welcome Temu as a member of the Latvian IT Cluster. The involvement of internationally recognized companies in our ecosystem creates new opportunities for Latvian businesses to gain valuable knowledge, build connections, and strengthen their competitiveness,” said Aiga Irmeja, Chair of the Board at Latvian IT Cluster. “We are pleased that our partnership has already resulted in joint activities exploring e-commerce opportunities in Europe, and we hope this is just the first step towards further joint initiatives that will support the presence of Latvian businesses in the digital economy and international markets.”

The focus on practical guidance and direct dialogue responds to the challenges of complexity and connection, two of the key barriers to growth identified in Temu’s recent Small Business Insights Report, which was informed by meetings and discussions with over 100 European trade organizations.

“We want more small businesses in Latvia to benefit from the opportunities that e-commerce creates,” said a Temu spokesperson. “Working with Latvian IT Cluster brings us closer to local entrepreneurs, helping us understand their needs and support their ambitions to reach new customers and grow across Europe.”

Temu opened its Local Seller Program to businesses in Latvia in October 2025. In March 2026, it signed a logistics MoU with national postal operator Latvijas Pasts to support delivery and returns for local sellers.

About Temu

Temu is a global e-commerce platform connecting consumers with millions of manufacturers, brands and business partners. Operating in more than 90 markets worldwide, Temu is committed to providing affordable, high-quality products that enable customers to live better lives.

About Latvian IT Cluster

Latvian IT Cluster is an ICT association with around 100 members and 20 years of experience in advancing Latvia’s digital ecosystem. Through national and international initiatives, including the European Digital Innovation Hub, Digital Europe, Team Latvia and AI Studio, the association fosters innovation, digital transformation, knowledge sharing and cross-sector collaboration.

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