- Oracle is adding 12 new cloud information centers around the world, the company announced Monday.
- The new datacenters will be built via Asia, Europe, and North America.
- It’s partial of Oracle’s efforts to reposition itself as a cloud infrastructure company.
Oracle is making complicated investments in its cloud infrastructure with the further of 12 new information core locations around the world, the company announced Monday.
“As we invest, the margins will continue to expand. And with the global datacenter expansion, we are means to help business reduce IT costs, lessen risks and contest like they never have before,” pronounced Oracle co-CEO Mark Hurd in a statement.
The 12 new locations embody China, India, Japan, Saudi Arabia, Singapore, and South Korea in Asia, as good as Amsterdam and Switzerland in Europe. Oracle will also open two new information centers in both Canada and the US.
Oracle, which done its name and happening selling on-premise databases, is in the midst of repositioning itself as a cloud provider. However, the company consistently ranks behind other tech giants — including Amazon Web Services (AWS), Microsoft, Google, and IBM — in terms of marketplace share.
Last quarter, Oracle reported $1.5 billion revenue across its cloud products, compared to $1 billion at Google, and $5.1 billion at AWS, yet any company includes a opposite set of product offerings in its cloud calculations, so it’s not accurate to directly review their cloud revenues.