Oracle commits to Singapore with opening of Oracle Cloud Region

Oracle commits to Singapore with opening of Oracle Cloud Region

Oracle is also investing $3 million to help startups accelerate digital initiatives.

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Oracle has announced the opening of a Cloud Region in Singapore – the company’s 33rd cloud region globally – that will support growing demand for enterprise cloud services in South East Asia.

To accelerate cloud adoption, Oracle is offering 100 startups US$30,000 each in Oracle Cloud credits over the next two years. Oracle is also providing free Oracle Cloud Infrastructure (OCI) training and certifications until 31 March next year.

The free training will also help expand Singapore’s IT talent pool and make it easier for businesses to acquire or develop the skilled professionals they need to grow and innovate quickly.

“We welcome Oracle’s move to accelerate startups in Singapore. These initiatives show the confidence that the international business community has in Singapore, as a place where established businesses can work with a vibrant entrepreneur community to transform, innovate and grow,” said Jacqueline Poh, Managing Director, Singapore Economic Development Board.

“We’ve witnessed triple-digit growth in the business last year and want to help customers innovate and modernise, while helping them address in-country data residency requirements,” said Garrett Ilg, president, Asia Pacific and Japan, Oracle.

“With the opening of the new cloud region and the initiatives to support local innovation and growth, we are reaffirming our commitment to Singapore and to the region. The availability of OCI will help improve the speed of innovation, empower startups and champion upskilling for Singaporeans.”

Benefits of migrating to the cloud

OCI helps Oracle customers move their existing complex, mission-critical workloads and data platforms to the cloud, and build new cloud native applications. Customers will also have access to the full suite of Oracle Cloud Applications, as well as Oracle Autonomous Database.

“We have found that cloud-focused organisations in APAC were able to achieve 1.5 times more cost reduction and were reported to be 3.7 times more likely to innovate as compared to their competitors,” said Ryoji Sekido, Senior Managing Director, Accenture Technology and Cloud First Lead for Growth Markets.

Glen Duncan, Associate Research Director – Datacenter, IDC, added: “Enterprise appetite for public cloud services continues unabated in Singapore and across the rest of ASEAN. The dominant data centre architecture has become the hybrid multi-cloud environment that extends from core to edge.

“Enterprises are now demanding cloud services from their partners that are global/regional/local, sustainable, secure, and high performance using machine-based intelligence, policies, and automation. Data and services must also be fully manageable and transparent to support compliance with increasingly stringent national government privacy and sovereignty regulations.”

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