Oracle to hire 2,000 workers to expand cloud business to more countries

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BENGALURU (REUTERS) - Oracle Corp plans to hire nearly 2,000 additional workers as part of an aggressive plan to roll out its cloud computing services to more locations around the world, its cloud chief told Reuters on Monday (Oct 7).. Read more at straitstimes.com.

BENGALURU - Oracle Corp plans to hire nearly 2,000 additional workers as part of an aggressive plan to roll out its cloud computing services to more locations around the world, its cloud chief told Reuters on Monday .

By the end of next year, Oracle plans to open 20 more cloud"regions" - places where Oracle operates data centres so customers can safely stash data for disaster recovery or to comply with local data storage laws. The fiercely competitive market where big businesses pay a cloud provider to handle their computing and storage tasks instead of building out their own data centers is estimated by Gartner to be worth US$38.9 billion in 2019.

This time, Oracle will run its cloud software applications, which compete with the likes of and SAP SE, on the same cloud system it offers outside customers - a strategy long employed by firms such as Amazon and Google.

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