News

Oracle to hire 2,000 staff to expand cloud business to more countries

(Reuters) – Oracle Corp’s (ORCL.(N) plans to hire almost 2,000 more employees as part of an ambitious plan for the roll-out of its cloud computing services in multiple locations across the globe, the cloud’s chief told Reuters on Monday.

FILE PHOTO: the logo of The company to Oracle Corp. (a). it is displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York city, USA-September 18, 2019 at the latest. REUTERS/Brendan McDermid/File Photo

Seeking to better compete with larger rivals such as Amazon Web Services (AMZN.(O) and Microsoft Corp (MSFT.D) the removal will help with the transition of Oracle, a business software for finance, sales and other functions to the new system over the coming years.

Jobs are being added to Oracle’s software development hubs in Seattle, and the San Francisco Bay Area and India, as well as in the area of new data centers, said Don Johnson, executive vice president of Oracle Cloud-Infrastructure-unit.

By the end of next year, Oracle plans to have 20 more cloud-based “areas” – places where Oracle’s work in data centers so that customers will be able to safely stash the data for the repair, or in order to comply with the local data storage laws and regulations.

The company currently has 16 such regions, one of a dozen that opened in the past year. The new venues will be built in Chile, Japan, south africa, South Africa, and the United Arab Emirates as well as elsewhere in Asia and in Europe.

As of May 31, Oracle had a number of 136,000 full-time employees, of which about 18,000 were employed in the cloud-based services, and licensing in support of business operations.

In the highly competitive market in which large companies have to pay for a cloud service provider to move their computing and storage jobs, instead of building their own data centers, it is estimated by Gartner to be worth $38.9 billion in 2019.

Amazon is the biggest player, Microsoft, has staked its turnaround strategy, the use of the services. Alphabet, Inc. ‘ s (GOOGL.(O), Google and International Business Machines Corp’s (IBM.S are also pouring resources into the fight.

Under Johnson, who joined Oracle in 2015, after seven years in Amazon’s cloud unit, Oracle has built out the next generation of cloud-based infrastructure, after a rocky first try.

This time, it will make Oracle run cloud applications, which compete with the likes of dynamics CRM.And, SAP SE SAPG.DE the same cloud-based system provides customers with out – a strategy that has long been in the service of companies such as Amazon and Google.

“We’re driving very, very aggressively,” Johnson said. “We have to be very quick to convert what was a complex footprint with a very simple footprint of Everything, everywhere, turn on the generation of two cloud-based infrastructure.”

Oracle is also committed to be a part of the Collaborative Enterprise, Defence and Infrastructure in the Cloud, or the JEDI order, a $10 billion contract with the U.S. Department of Defense (dod). The price of the contract has been placed after the Oracle, his expressed concerns about the process, who is left to Amazon and Microsoft’s competition.

Johnson said the jobs additions were ” not related to the JEDI project, but added that Oracle is continuing to build out data centers for potential customers and the government.

Report by Stephen Nellis; Editing by Edwina Gibbs

Follow us

Don't be shy, get in touch. We love meeting interesting people and making new friends.

Most popular