Oracle is making a bold move by investing over $6.5bn to establish its first public cloud region in Malaysia, joining other tech giants like Microsoft and Google in boosting the country’s digital infrastructure. The surge in investments signifies the growing demand for cloud services and data centers in Southeast Asia, driven by the rise of AI technology.
This new venture by Oracle will provide Malaysian organizations with the opportunity to modernize their applications, shift their workloads to the cloud, and drive innovation using data, analytics, and AI. By offering cloud services locally, Oracle aims to cater to the needs of government agencies, financial institutions, and companies in the airline and hospitality sectors, enabling them to operate more efficiently and cost-effectively.
Garret Ilg, Oracle’s executive vice-president for Japan and Asia Pacific, emphasized that the company’s Malaysian clients rely on Oracle to support their innovation efforts, streamline processes, and improve overall performance. This strategic investment by Oracle underscores its commitment to empowering businesses in Malaysia with cutting-edge cloud solutions.