Oracle database and hardware were reaching end of support and needed to be migrated from an on-premise HP-UX server to AWS RDS. Key considerations for the migration included verifying Oracle license types supported on AWS RDS, supported database versions, available migration methods like Data Pump and Export/Import, storage space needed for data dumps, and potential downtime. The document outlined the steps to configure GoldenGate for a zero downtime migration of the 300GB Oracle database to AWS RDS, including installing and configuring GoldenGate on the on-premise and EC2 systems, setting up the extract and manager processes, and replicating the initial data.