Oracle: Great Eastern migrates 300 databases to Oracle

Singapore and Malaysia-based insurance group Great Eastern has migrated 300 on-premise databases to on-premise Oracle Cloud Infrastructure (OCI) hardware. The company has currently  moved 200 terabytes from 300 on-premise Oracle databases to Oracle Exadata Cloud@Customer while still housed in its own data centers. This includes its financial product management systems, distributed commission management systems, and rewards systems, all of which are now in one single cloud-based platform.

"The life insurance sector is increasingly leveraging technology to innovate, enhance consumer experiences, and boost operational efficiencies, ultimately improving individual protection and financial well-being," said Chin Ying Loong, regional managing director, ASEAN & South Asia Growing Economies, Oracle.

"With Oracle Exadata Cloud@Customer, Great Eastern can enjoy the flexibility and economic benefits of cloud in its own data centers, while helping to meet local regulatory requirements. This cloud migration strengthens Great Eastern's operations, powering them to stay at the forefront of Asia's insurance industry."

Gary Teh, managing director, Group IT, Great Eastern added: "We remain steadfast in our commitment to improving customer experience with product innovation to support the changing wealth and protection requirements of our customers across the region. This involves optimizing customer journeys through redesigned processes, harnessing our digitized assets, and leveraging advanced cloud capabilities."