Channel NewsAsia
Channel NewsAsia
AsiaPac · 2 hrs ago

Pentagon awards Oracle nearly $7 billion deal in latest software consolidation push

WASHINGTON, July 23 : The Pentagon announced on Thursday a nearly $7 billion, up-to-10-year agreement with Oracle to consolidate the department's on-premises software licenses into a single contract, the latest move by the Pentagon's technology chief to cut costs by eliminating fragmented purchasing.The Enterprise Software Agreement, negotiated by the Department of the Navy, is between the Pentagon and Oracle for its on-premises compute usage. The agreement spans five years, with a further five-year option, and covers the entire Pentagon, along with the U.S. Coast Guard and the intelligence community."By fundamentally improving how we procure on-premises Oracle capabilities, we are driving at least $441 million in taxpayer savings while rapidly and effectively serving our warfighters," Pen
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