), the move will also help transition Oracle’s business software for finance, sales and other functions to new systems over the next year.
By the end of next year, Oracle plans to open 20 more cloud “regions” - places where Oracle operates data centers so customers can safely stash data for disaster recovery or to comply with local data storage laws. As of May 31, Oracle had some 136,000 full-time staff, of which 18,000 were employed in cloud services and license support operations.
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