Oracle opened a new cloud region – a complex that houses at least two data centers – in Abu Dhabi that provides storage capacity to regional enterprises amid soaring demand. This will be the second cloud region of the Austin, Texas-based company in the UAE and its third in the Middle East. This long-term commitment from Oracle has translated into massive investments to help organizations of all sizes achieve their digital transformation projects. Moving to a cloud system hosted by a specialized company – such as Oracle, Amazon Web Services or SAP – is more economical than creating their own infrastructure of servers, hardware, and security networks.
Businesses have realized the “numerous benefits including higher return on investment, ability to constantly innovate, boost security and create a scalable business model that is quick to respond to changing economic environment, a key priority post-Covid. Oracle, whose local clients include DP World, Abu Dhabi Customs, Emaar Properties, Saudi Arabia Tourism Development Fund, Saudi Railway Company, Mashreq Bank and Saudi Arabia Mining Company, reported nearly $7.4bn in global revenue from its cloud services and license support business. Oracle’s cloud regions will boost the cyber resilience of the country, mitigate the incidents of cybercrime, and increase international collaboration. Last year, IBM unveiled two data centers in the UAE, its first foray in the Middle East and Africa cloud storage market. In 2019, Amazon Web Services opened three data centers in Bahrain. Germany’s SAP has centers in Dubai, Riyadh, and Dammam, which house servers for local cloud computing clients.