Oracle, after missing Q1 2023 revenue expectations, announced a partnership with Microsoft to create "Oracle Database@Azure." This offering allows customers to access Oracle database services running on Oracle hardware within Azure data centers. The goal is to combine Oracle's database product with Azure's security and flexibility. Oracle CEO Larry Ellison and Microsoft CEO Satya Nadella revealed plans to physically move Oracle hardware and software into Azure data centers. Details are vague, but it aims to provide more options for Oracle customers to move databases to the cloud. Oracle Database@Azure will initially support various Oracle database services and offer joint support from Oracle and Microsoft. Customers can purchase it through Azure Marketplace and use existing Oracle Database licenses. The partnership hopes to accelerate cloud migration, although Oracle's database market share has declined in recent years.