View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
  2. Cloud
February 13, 2018

Oracle guns for Amazon with cloud data centre fleet

With this major investment Oracle intends to set up twelve new cloud data centres across Europe, North America and Asia.

By Tom Ball

Oracle has announced a global plan to build 12 new cloud data centres across Europe, North America and Asia, looking to entrench its position as a competitive cloud provider.

This major investment will see the new facilities set up in both the US and Canada, countries including Switzerland in Europe, as well as a string of countries in Asia that include India, China, Japan, Singapore and Saudi Arabia.

In addition to this announcement, Oracle has also heralded the beginning of an era in which it seems to bring autonomous technology to the entirety of its cloud platform, working to bring this top tech trend into reality.

“The future of IT is autonomous. With our expanded, modern data centers, Oracle is uniquely suited to deliver the most autonomous technologies in the world,” said Oracle CEO Mark Hurd. “As we invest, our margins will continue to expand. And with our global datacenter expansion, we are able to help customers lower IT costs mitigate risks and compete like they never have before.”

So far Oracle has been locked out of the top spots by the likes of AWS and Microsoft, but the company is now looking to break into the cloud limelight by leveraging automation in sequence with a major investment injection to widen its global reach.

GDPR: An opportunity to modernise digital infrastructure
Intel drone team wins gold with PyeongChang 2018 record
Microsoft gets hands on with palm-vein biometric technology

Perhaps proving timely for the organisation, this major push has been announced following a weak revenue performance in Q3 of 2017. Oracle failed to meet Wall Street revenue expectations, causing the company’s share price to suffer in after-market trading following the revelation.

Content from our partners
Scan and deliver
GenAI cybersecurity: "A super-human analyst, with a brain the size of a planet."
Cloud, AI, and cyber security – highlights from DTX Manchester

In spite of the negative reaction to the performance in Q3,Oracle gained ground in overall revenues when the Q2 2017 results came in. A significant 44 per cent increase was gained when $1.52 billion was brought in, dwarfing the $1.1 billion achieved in the same quarter in the previous year.

Topics in this article : , ,
Websites in our network
Select and enter your corporate email address Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
  • CIO
  • CTO
  • CISO
  • CSO
  • CFO
  • CDO
  • CEO
  • Architect Founder
  • MD
  • Director
  • Manager
  • Other
Visit our privacy policy for more information about our services, how Progressive Media Investments may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.