Digital Realty teams with Oracle to accelerate AI and cloud adoption

DALLAS - Digital Realty (NYSE:DLR), a prominent player in the Specialized REITs industry with a market capitalization of $61.5 billion, announced on Thursday a collaboration with Oracle to help organizations accelerate hybrid IT and AI adoption through Oracle Cloud Solution Centers. According to InvestingPro data, the company maintains strong financial health with a "GOOD" overall rating, positioning it well for this strategic partnership.

The partnership will provide customers with access to services designed to reduce time to market and streamline deployment of data-driven solutions on Digital Realty’s PlatformDIGITAL. With annual revenues of $5.52 billion and a 22-year track record of consistent dividend payments, currently yielding 2.72%, Digital Realty brings substantial operational expertise to this collaboration.

Oracle Solution Centers are now available through Digital Realty’s global data center platform in Singapore, Frankfurt, and Northern Virginia, with virtual access via London. These centers offer secure environments for customers to design, test, and validate hybrid and AI architectures.

As part of the collaboration, Digital Realty and Oracle have developed a library of 15 infrastructure configurations across cloud, data, and AI use cases. Three PDx solutions are also available to help customers accelerate implementation and interconnection of PlatformDIGITAL with ServiceFabric, Digital Realty’s service orchestration platform.

"Our collaboration with Oracle underscores our shared commitment to helping customers navigate the complexity of hybrid IT and AI adoption," said Tony Bishop, Senior Vice President of Enterprise and Platform Solutions at Digital Realty.

Patrick Cyril, Global Vice President at Oracle, added, "We are simplifying the journey to cloud and AI adoption."

According to a case study cited in the announcement, Grupo Anaya leveraged Oracle FastConnect on PlatformDIGITAL in an Oracle Solution Center to reduce latency and network costs by approximately 75% and improve end-user performance by up to 40%.

Digital Realty, an Oracle FastConnect partner, provides data center cloud-adjacent, colocation, multicloud, and interconnection services to global customers through its platform of over 300 facilities across more than 50 metros in over 25 countries.

This information is based on a press release statement from Digital Realty. For deeper insights into Digital Realty’s financial performance and growth potential, including 12 additional exclusive ProTips and comprehensive valuation analysis, visit InvestingPro, where you’ll find detailed Pro Research Reports covering 1,400+ top stocks.

In other recent news, Digital Realty Trust announced the issuance of €850 million in 3.875% Guaranteed Notes due 2034. These notes, issued by its subsidiary Digital Dutch Finco B.V., are senior unsecured obligations and are fully guaranteed by Digital Realty Trust and its operating partnership. The company completed the transaction outside the United States under Regulation S of the Securities Act of 1933. Interest on these notes will be paid annually starting in 2025. Additionally, Mizuho has raised its price target for Digital Realty Trust from $177 to $191 while maintaining an Outperform rating. Mizuho cited strong bookings and potential upside from the fund as reasons for the higher valuation. Meanwhile, Guggenheim initiated coverage on Digital Realty Trust with a Neutral rating. The firm highlighted Digital Realty’s advantageous position as a large data center operator with significant access to capital and technology deployment.

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