Cloud App Development

Vodafone Partners with Oracle to Accelerate Technology Modernization on Oracle Cloud Infrastructure

Oracle
Oracle and Vodafone, the largest pan-European and African technology communications company, today announced a strategic partnership to modernize the operator's European IT infrastructure and accelerate its transition to the cloud.

Under the multi-year agreement, Vodafone will modernize and migrate a large number of its systems to OCI Dedicated Region, a fully managed cloud region that brings all of Oracle's public cloud services into Vodafone's own network and data centers. This will provide a dedicated cloud platform for Vodafone to modernize its thousands of Oracle databases as well as to support and scale its mission-critical OSS and BSS systems, including CRM and order management.

The implementation will also enable Vodafone to build new cloud-based applications faster, and by taking advantage of its geographical scale, launch them in multiple markets at the same time.

Oracle will deploy OCI Dedicated Region in Vodafone's main data centers that manage its European IT and network operations. The deployment of public cloud services directly inside Vodafone's own network and data centers will enable the operator to flexibly modernize, manage and automate its critical systems using new technologies such as autonomous services, and more easily meet the latency and performance requirements of these applications.

Vodafone will also have close access to compute resources that enable it to dynamically augment and scale services in multiple geographies according to changing business requirements, while reducing operational costs and meeting data residency regulations.

The partnership supports Vodafone's multi-year initiative to consolidate and modernize the technology infrastructure that supports its mission-critical systems into a shared, on-premises, open-standard platform capable of supporting and scaling next-generation digital services. It will also help Vodafone further its Tech 2025 goals: reducing time-to-market of its services, providing stand-out customer experiences through always-on services, and reducing operational costs through automation.

"As Vodafone focuses on growth, data is key to how we evolve our business, build new capabilities and innovate to meet the needs of our customers. Our collaboration with Oracle supports our vision of becoming a technology communications company," said Scott Petty, Chief Digital & IT Officer, Vodafone. "The agreement enables Oracle to bring its entire portfolio of cloud services directly into Vodafone data centers. This includes the same architecture, software, services and control plane used in OCI public cloud. The flexibility offered by OCI enables us to build a robust, secure, and extensible cloud platform in our own data centers, while also providing the operational agility and scalability required to support the growth and diversification of our business."

"Telecom companies are reimagining their business models to innovate and monetize new opportunities at speed and at scale, Vodafone is at the forefront of this thinking, and we are excited to bring the power of OCI to Vodafone's data centers to support the company and its partners as they fast-track this vision and deliver the next generation of connected services."

Clay Magouyrk, executive vice president, Oracle Cloud Infrastructure

"Now more than ever, telecom companies need to quickly adopt new technologies to deliver new innovative products at speed while continuing to meet evolving regulatory requirements. Our partnership with Vodafone is based on achieving this balance, providing a cloud platform that enables Vodafone to modernize and consolidate its existing infrastructure while also building a foundation for a digital future. We are looking forward to partnering with one of the telecom sector's digital trailblazers as we help shape the next generation of communication services and business models," said Jonathan Tikochinsky, executive vice president, global strategic clients, Oracle.

About Oracle
Oracle offers integrated suites of applications plus secure, autonomous infrastructure in the Oracle Cloud. For more information about Oracle

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PR Newswire: | January 25, 2024

TRG Screen, the leading provider of enterprise subscription spend and usage management software, today announced it has acquired Xpansion, the leading provider of cloud-based solutions for reference data usage monitoring in the financial services industry. The acquisition of Xpansion will further solidify TRG Screen's position as a global market leader in market data management solutions. Xpansion – established in 2013 – is focused on empowering data operations teams to proactively manage their usage, control costs and optimize data workflows. Xpansion's offerings include Xmon, Xprocess and Xplore, and provide real-time analytics, giving clients unprecedented transparency, visibility and control into their reference data usage. This deal consolidates TRG Screen's unique position as the only provider of enterprise subscription management capabilities spanning the whole spectrum of market data optimization, from spend and inventory tracking, through to usage and enquiry management, exchange reporting and compliance. "Xpansion and TRG Screen have been partners for many years. Bringing Xpansion into the TRG Screen family is a very logical next step for both companies, given our strong relationship and shared view that the industry demand for integrated usage management solutions is going to continue to grow," said TRG Screen CEO Leigh Walters. "Xpansion is an established firm with excellent customer satisfaction and retention, and highly experienced and industry respected leadership. We are very excited at the opportunities this acquisition brings." "We are thrilled to be joining TRG Screen," said Xpansion co-founder and CEO Amjad Zoghbi. "Reference data usage is one of the most complex aspects of market data management, and managing it correctly is essential to maintaining contractual compliance and ensuring clients are right-sizing their usage based on actual consumption and business need. I'm very pleased that Xpansion's customers, and team, will now be part of the best-of-breed solution with the industry's leading provider of market data management solutions." The acquisition demonstrates TRG Screen's ongoing commitment to servicing the needs of market data consumers, vendors and exchanges. Financial terms of the transaction were not disclosed. About TRG Screen TRG Screen is the leading provider of enterprise subscription management solutions. Founded in 1998, TRG Screen is uniquely differentiated by its ability to monitor both spend and usage of data and information services including market data, research, software licenses, consulting and other corporate expenses. TRG Screen's solutions provide its customers with full transparency into their vendor relationships and their subscription spend and usage, enabling them to optimize their enterprise subscriptions. TRG acquired Priory Solutions in 2016, Screen Group in 2018, Axon Financial Systems in 2019, Market Data Insights in 2020, and Jordan & Jordan's Market Data Reporting (MDR) business in 2021 and with these acquisitions is now positioned as the global market leader in the financial, legal, and professional services markets. TRG Screen's product portfolio includes subscription spend, usage, enquiry and compliance solutions. For more information visit trgscreen.com. Follow TRG Screen on LinkedIn, @TRG Screen, and on Twitter, @trgscreen. About Xpansion Xpansion delivers next-generation reference data solutions that empower financial institutions to streamline their reference data operations, reduce costs, enhance data quality, and improve data discovery. With a focus on customer satisfaction, continuous innovation and quick time to value, Xpansion is a trusted partner for financial institutions in the buy- and sell-side as well as solution providers in the industry.

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The Manufacturing Sector Experiences More Attacks in the Cloud than Any Other Industry

PR Newswire: | January 19, 2024

Netwrix, a cybersecurity vendor that makes data security easy, today revealed additional findings for the manufacturing sector from its survey of 1,610 IT and security professionals across more than 100 countries. According to the survey, 64% of companies in the manufacturing sector suffered a cyberattack during the preceding 12 months, which is similar to the finding among organizations overall (68%). However, it turned out that the manufacturing sector experiences more cloud infrastructure attacks than any other industry surveyed. Among manufacturing companies that detected an attack, 85% spotted phishing in the cloud compared to only 58% across all verticals; 43% faced user account compromise in the cloud as opposed to 27% among all industries; and 25% dealt with data theft by hackers in the cloud compared to 15% for organizations overall. "The manufacturing sector relies heavily on the cloud to work with their supply chain in real time. This makes their cloud infrastructure a lucrative target for attackers — infiltrating it enables them to move laterally and potentially compromise other linked organizations, as happened to one the world's top meat processing companies. Credential compromise or malware deployed via a phishing email is just the beginning of the attack," says Dirk Schrader, VP of Security Research at Netwrix. "The attack surface in the cloud is always expanding, so it's critical for manufacturing companies to adopt a defense-in-depth approach," adds Ilia Sotnikov, Security Strategist at Netwrix. "First, they must rigorously enforce the principle of least privilege to limit access to sensitive data, which ideally includes just-in-time access to eliminate unnecessary entry points for adversaries. They also need to gain deep visibility into when and how critical data in the cloud is being used so that IT teams can promptly spot potential threats. Finally, they need to be prepared to minimize the damage from incidents by having a comprehensive response strategy that is regularly exercised and updated." To learn more about security trends, check out the complete 2023 Hybrid Security Trends Report. About Netwrix Netwrix makes data security easy. Since 2006, Netwrix solutions have been simplifying the lives of security professionals by enabling them to identify and protect sensitive data to reduce the risk of a breach, and to detect, respond to and recover from attacks, limiting their impact. More than 13,500 organizations worldwide rely on Netwrix solutions to strengthen their security and compliance posture across all three primary attack vectors: data, identity and infrastructure.

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