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Lloyds Banking Group taps Oracle for multi-cloud transformation

Lloyds Banking Group is migrating its databases to Oracle Database@Azure as part of a multi-year deal, leveraging Oracle Cloud Infrastructure within Microsoft Azure’s UK data centers. The bank will also deploy Oracle Exadata Cloud@Customer for on-prem operations. This shift aligns with Lloyds’ £4 billion digital transformation strategy, aimed at enhancing innovation, AI adoption, and customer experience while consolidating its data centers and private cloud efforts.

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