Oracle plans major cloud expansion with 2,000 new jobs

Joanna Estrada
October 10, 2019

Good news for once on the technology jobs front as Oracle announced it plans to hire almost 2,000 additional workers, to assist in its cloud computing expansion.

Oracle's goal, with this new expansion, is not only to get closer to its biggest rivals, Amazon and Microsoft, but to also help transition its business software for finance, sales and other industries within the year. The new roles, which include software development, cloud operations, and business operations, will support Oracle's rapidly expanding infrastructure customer base, and come as the company rolls out new product innovations and rapidly opens cloud regions around the globe.

It's also shifting jobs internally toward cloud computing, JMP analyst Patrick Walravens notes. Continuing its rapid cadence of Oracle Gen 2 Cloud region launches, Oracle plans to add 20 more regions by the end of 2020, bringing the global footprint to 36 total regions.

In the past year, Oracle has opened 12 new Gen 2 Cloud regions and now operates 16 regions globally, the fastest expansion by any major cloud provider. The new regions will be situated across Asia and Europe, as well as in Chile, South Africa and United Arab Emirates.

The aggressive rivalry market where big businesses pay a cloud provider to handle their computing along with storage tasks instead of building out their own data centers is expected by Gartner to be valued $38.9B in 2019.

This time, Oracle will run its cloud software applications, which compete with the likes of CRM.N and SAP SE SAPG.DE , on the same cloud system it offers outside customers - a strategy long employed by firms such as Amazon and Google. They are very quickly converting what's a complex footprint to be a very simple footprint: Everything everywhere runs on their generation two cloud infrastructure.

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