Accenture, Oracle Partner in the Cloud

Features Reuters

Consulting giant Accenture PLC (ACN) has teamed up with Oracle Corp. (ORCL) to offer cloud-based solutions for the public, financial and hospitality sectors.

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The collaboration will help speed cloud migration by streamlining the buying process for Accenture services on Oracle's cloud technology, the two companies said in a release.

Customers will be able to use accelerators, such as data migration and training tools, and industry-specific extensions with Oracle's software-as-a-service and platform-as-a-service offerings, they said.

Oracle built its empire by selling databases and other software essentials to behind-the-scenes operations at many big companies. Now it is trying to break out of a long stretch of meek revenue growth with newer technologies, including a different style of database, as well as human-resources and corporate-marketing software refashioned for the Web and sold as a subscription.

Revenue from a collection of these newer "cloud" software offerings rose 29% in Oracle's latest quarter ended in February.

Write to Chelsey Dulaney at chelsey.dulaney@wsj.com