Oracle already has 30 cloud regions in 14 countries.
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Oracle will make a major push to expand its global network of data centers that run cloud services, with plans to open 14 new facilities outside of the U.S. by the end of 2022.
The 14 new establishments, which the software giant dubs “cloud regions,” will increase the total number of cloud data centers by nearly 50%.
The company is a major provider of cloud services, typically sold on a subscription basis, to businesses and governments. Cloud services include access to computing and storage run over the internet, allowing businesses to rent space on remote servers in place of installing their own expensive hardware.
Oracle already has 30 facilities in 14 countries, but wants to bump that number up to 44 by the end of next year.
Its latest international push will see new cloud capacity across Latin America, Europe, the Middle East, Africa, and Asia.
“Oracle Cloud Infrastructure has seen stellar growth over the past year,” said Clay Magouyrk, the executive vice president of Oracle’s cloud infrastructure business. “With the additional cloud regions, even more organizations will be able to use our cloud services to support their growth and overall success.”
Milan, Stockholm, Marseilles, Spain, Singapore, Johannesburg, Jerusalem, Mexico, and Colombia will be new locations for the facilities, with Abu Dhabi, Saudi Arabia, France, Israel, and Chile each getting a second one.
Oracle (ticker: ORCL) stock was hovering around flat in U.S. premarket trading Tuesday. The stock has climbed nearly 50% so far this year.
Write to Jack Denton at [email protected]
