Oracle and Telefonica España announced a multi-year collaboration to accelerate the telecoms company's cloud adoption and the development of new communication services for consumers and businesses. Telefonica will migrate the bulk of its Oracle Database systems to Oracle Exadata Cloud@Customer, building a dedicated cloud platform on-premises to support provisioning and delivery of new services, as well as Telefonica's mission-critical operational and commercial systems including its BSS and OSS platforms and applications, business intelligence systems, CRM, billing and revenue management. The collaboration is part of a multi-year initiative by Telefonica to consolidate the technology infrastructure that underpins its communications network into a shared, open-standard platform designed to support its growing digital services portfolio, including new services around Internet of Things (IoT) and 5G, and services co-hosted with ISVs and network partners. Oracle Exadata Cloud@Customer is an on-premises deployment option of Oracle Exadata Cloud Service that is delivered as a managed cloud service in Telefonica's own data centers, enabling Telefonica to consolidate mission-critical systems in a single platform while complying with data residency regulations, meeting latency requirements, and helping to significantly reduce operational costs. Oracle plans to provide a secure, highly available platform based on Oracle Cloud Infrastructure (OCI) that enables Telefonica to integrate data across its operations in order to streamline the development and delivery of new services; augment service capabilities with technologies such as AI and machine learning; and allow services to be scaled according to market demand.