US-based multinational computer technology corporation, Oracle has opened its new cloud region in Abu Dhabi as the demand for storage capacity surges in the region.
Last year, Oracle opened its Dubai facility and the newly opened cloud region marks the third in the Middle East. Customers will benefit from improved business continuity and disaster recovery capabilities from the Oracle Cloud Abu Dhabi and Dubai regions.
Oracle Cloud Infrastructure (OCI) underpins both Oracle Cloud regions, enabling customers to quickly move current workloads and data platforms or develop new cloud-native applications that benefit from improved performance, lower costs, and built-in security.
With the cloud industry booming globally, the GCC’s public cloud market is expected to more than double in value to reach $2.4 billion by 2024, up from $956 million last year, the International Data Corporation (IDC) said.
“Cloud’s role in enabling innovation is underscored by the priority organizations have given to cloud in their digital transformation initiatives. Cloud-based technologies have helped organizations weather the COVID-19 crisis, and cloud is now helping them build a resilient organization that can withstand uncertainties,” said Mr. Jyoti Lalchandani, Group Vice President and Regional Managing Director, Middle East, Turkey and Africa at IDC.
“The rapid adoption of cloud-based technologies like artificial intelligence, Internet of Things (IoT), and machine learning is vital for building a thriving digital economy and is a key priority for the UAE. With the Dubai and Abu Dhabi regions, we have the required cloud infrastructure for organizations across public and private sectors, including SMBs, to accelerate their digital transformation.”
The dual-region cloud strategy of Oracle enables customers to deploy resilient applications in multiple geographically separated locations without having sensitive data leave the country for business continuity and compliance requirements.
Oracle has also announced plans to expand its cloud region footprint and will open 10 additional cloud regions with new locations across Europe, the Middle East, Asia Pacific, and Latin America.
The upcoming cloud regions are in Milan (Italy), Stockholm (Sweden), Spain, Johannesburg (South Africa), Mexico, and Colombia. Additional second regions will open in Saudi Arabia, France, Israel and Chile. By the end of 2022, Oracle expects to have at least 44 cloud regions.