The Bank of England has nearly doubled the money it is dedicating to partner spending for an Oracle cloud transformation, which it began imagining in 2020.
According to a recently published procurement note, the 330-year-old institution said it was increasing the contract value awarded to its Oracle implementation partner Version 1 to £13.8 million. This is a significant increase from the £8.7 million awarded and nearly double the £7 million originally advertised. Still, if you’re…
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https://www.theregister.com/2025/02/17/bank_of_england_oracle/