Oracle announced plans to open a second cloud region in Singapore to meet the growing demand for its cloud services in South East Asia.
The new cloud region in Singapore is one of 10 planned public regions to join the 41 regions that Oracle currently operates.
The region will offer Oracle’s public and private sector customers and partners a new option to locate their infrastructure, applications, and data for optimal performance and latency.
Customers will have access to a range of cloud services to modernize their applications; innovate with data, analytics, and AI; and migrate mission-critical workloads from their data centers to Oracle Cloud Infrastructure (OCI).
“With the new region, Oracle offers customers true business continuity and disaster protection while meeting in-country data residency requirements,” said Garrett Ilg, president, Japan & Asia Pacific, Oracle.
The first Cloud Singapore Region has supported the innovation needs of more than 1,000 customers in South East Asia, including Pacific International Lines and Siam Makro.
Both Singapore regions will provide low-latency networking and high-speed data transfer to allow customers and partners to derive better value from their data. In addition, OCI’s distributed cloud solutions, including Dedicated Region and Exadata [email protected], can assist with applications where data proximity and low latency in specific locations are critical.
IDC forecasts the Asia Pacific (excluding Japan) public cloud services market will increase at a compound annual growth rate (CAGR) of 23.5 percent from US$53.4 billion in 2021 to reach US$153.6 billion in 2026, said Estelle Quek, senior research manager, Cloud Buyer Trends and Intentions Research, IDC.
Oracle has committed to matching all worldwide Oracle Cloud Regions with 100 percent renewable energy by 2025, including the new Oracle Cloud Region in Singapore.
Oracle provides a broad and consistent set of cloud services, with the same low prices, across more than 41 cloud regions in 22 countries. OCI currently operates 34 commercial regions and seven government regions, in addition to multiple dedicated and national security regions.