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Oracle plans major expansion of its cloud computing services

Oracle announced plans to significantly expand its modern cloud infrastructure footprint, in what it said is a response to strong customer demand for its cloud services worldwide.

The vendor’s rapid expansion plans include the opening of 12 new data center regions and an increase in the breadth and depth of Oracle Cloud services available across the Americas, Asia, and Europe.

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Oracle said the latest announcements are part of its strategy to deliver an integrated portfolio of cloud services including software-as-a-service (SaaS), platform-as-a-service (PaaS), and infrastructure-as-a-service (IaaS), as well as new offerings in data security, blockchain, and artificial intelligence (AI).

“The future of IT is autonomous,” Oracle CEO Mark Hurd said in a statement. “As we invest, our margins will continue to expand. And with our global data center expansion, we are able to help customers lower IT costs, mitigate risks and compete like they never have before.”

Since launching Oracle Cloud, the company has seen a growing set of customers, including enterprises and small and medium businesses. Today, customers in more than 195 countries are running applications on Oracle Cloud Platform and Oracle Cloud Infrastructure, the company said.

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