Finally, the much-debated Pentagon contract saga comes to a fairy tale ending. Oracle, Microsoft, Amazon, and Google were awarded long-term cloud computing contracts by the US Defense Department (Pentagon). Google GCP released a new feature for the BigQuery Omni to improve cross-cloud platform data movement. Microsoft entered an interesting partnership with the London Stock Exchange.
The Bug 4 Deal
The Pentagon (US Department of Defense) awarded a cloud computing contract to Amazon, Google, Microsoft, and Oracle. Each cloud service provider will service the Pentagon’s specific cloud computing needs. The contract will run until 2028 and is valued at around $9 billion. Each cloud service provider received contracts based on their bids to address specific cloud needs; however, Oracle got an indefinite delivery, indefinite quantity contract inside the DOD contract.
Google GCP’s new cross-cloud transfer feature of BigQuery Omni allows you to Break down data silos. From now on, users can run big queries inside Azure or AWS effortlessly with low latency. This update has been in the pipeline for a while. The improved BigQuery Omni supports data filtering and loading with the same editor across clouds. It also uses the federated identity model to protect user credentials when accessing and copying data between cloud platforms.
Buy Your Customers
Microsoft announced a 10-year partnership with the London Stock Exchange, which includes the purchase of a four percent stake in the company. The partnership will see the London stock exchange spend at least 2.8 billion dollars on Microsoft cloud services and next-generation data and analytics. According to Microsoft’s projections, the deal should generate around $5 billion.