Oracle to Invest Over $1 Billion in AI and Cloud Computing in Spain

Oracle
has
announced
plans
to
invest
more
than
$1
billion
to
establish
a
third
cloud
region
in
Madrid,
Spain.
This
major
investment
aims
to
bolster
AI
skills
development
and
provide
enhanced
cloud
services
to
various
industries,
including
the
financial
sector,
according
to

Oracle.

Boosting
Spain’s
Digital
Resilience

The
new
public
cloud
region
is
expected
to
help
Oracle
customers
and
partners
across
all
sectors
in
Spain
migrate
mission-critical
workloads
to
Oracle
Cloud
Infrastructure
(OCI).
This
migration
will
support
compliance
with
regulations
such
as
the
Digital
Operational
Resilience
Act
(DORA)
and
the
European
Outsourcing
Guidelines.
Telefónica
España
will
serve
as
the
host
partner
for
this
new
cloud
region.

Spanish
government
officials
have
welcomed
Oracle’s
investment.
José
Luis
Escrivá,
Spain’s
minister
for
digital
transformation
and
public
administration,
stated,
“The
opening
of
the
third
Oracle
cloud
region
in
Spain
is
excellent
news
for
our
country.
The
investment
announced
by
Oracle
provides
a
significant
boost
that
will
help
Spanish
enterprises
and
public
sector
organizations
innovate
with
AI
and
continue
advancing
on
the
path
of
digital
transformation.”

Advancing
Cloud
Capabilities

Oracle’s
upcoming
cloud
region
in
Madrid
will
enable
organizations
to
modernize
applications,
innovate
with
data
analytics,
and
leverage
AI
technologies.
Oracle
provides
a
comprehensive
suite
of
over
100
cloud
services,
including
Oracle
Autonomous
Database,
MySQL
HeatWave
Database
Service,
Oracle
Container
Engine
for
Kubernetes,
Oracle
Cloud
VMware
Solution,
OCI
Generative
AI
service,
and
OCI
AI
Infrastructure.

“Spanish
enterprises
and
public
sector
organizations
are
rapidly
embracing
the
cloud
to
gain
access
to
the
latest
digital
technologies
such
as
AI,
and
the
upcoming
public
cloud
in
Madrid
will
help
them
address
data
residency
requirements
as
well
as
regulations
in
key
sectors
such
as
financial
services,”
said
Albert
Triola,
country
leader,
Oracle
Spain.
He
added,
“With
our
plans
to
invest
an
additional
$1
billion
in
Spain
over
the
next
10
years,
we
are
reaffirming
our
commitment
to
helping
Spanish
organizations
of
all
sizes
and
industries
accelerate
their
adoption
of
cloud
technologies
to
boost
business
performance
and
resilience.”

OCI:
A
Resilient
and
Scalable
Cloud
Foundation

The
new
Madrid
cloud
region
will
provide
customers
and
partners
with
low-latency
access
to
cloud
services,
enhancing
their
ability
to
derive
value
from
data.
This
includes
high
availability
and
disaster
recovery
capabilities,
which
are
crucial
for
business
continuity
and
compliance
with
EU
data
residency
regulations.

Financial
services
organizations,
in
particular,
will
benefit
from
Oracle’s
cloud
capabilities.
Oracle
has
developed
specific
practices
to
help
these
organizations
meet
regulatory
requirements,
such
as
DORA.
The
company
has
also
created
advisory
guidelines
to
assist
clients
in
evaluating
OCI
in
the
context
of
their
regulatory
needs.

OCI’s
architecture
allows
Oracle
to
deploy
dedicated
cloud
regions
with
hyperscale
services
within
customer
data
centers,
enabling
rapid
expansion
of
public
cloud
regions
as
needed.
This
ensures
consistent
performance,
service-level
agreements
(SLAs),
and
global
pricing.

Endorsement
from
Leading
Spanish
Organizations

Major
Spanish
organizations
have
expressed
support
for
Oracle’s
new
cloud
region.
Sergio
Sánchez,
operations,
network,
and
IT
director
at
Telefónica
España,
commented,
“Our
partnership
with
Oracle
has
been
paying
off
for
decades.
We
have
a
stronger
position
in
the
market,
combining
the
best
capabilities
of
both
companies.”

Enríque
Rodríguez,
director
of
technology
services
at
Banco
Sabadell,
said,
“We
rely
on
Oracle
to
migrate
our
critical
workloads
to
Oracle
Cloud
Infrastructure
while
complying
with
local
regulatory
requirements.
The
arrival
of
the
third
Oracle
Cloud
Region
in
Spain
will
open
significant
opportunities
for
us
in
terms
of
utilizing
new
technologies
such
as
AI
across
different
areas
of
our
business.”

Rafael
Blesa,
general
manager
of
information
systems
at
Naturgy,
noted,
“The
upcoming
arrival
of
Oracle’s
third
cloud
region
in
Spain
is
great
news
as
it
will
allow
us
to
migrate
low-latency
and
critical
infrastructure
support
systems
to
the
cloud
while
improving
their
security
and
resilience.”

Ravin
Dhalani,
CIO
at
MASORANGE,
added,
“We
are
excited
about
Oracle’s
upcoming
third
cloud
region
in
Spain,
which
will
help
us
advance
our
innovation
on
OCI.”

About
Oracle
Distributed
Cloud

Oracle’s
distributed
cloud
offers
a
range
of
services,
including:

• 
  Public
  cloud:
  Hyperscale
  public
  cloud
  regions
  for
  organizations
  of
  all
  sizes,
  including
  those
  requiring
  strict
  EU
  sovereignty
  controls.
  
  See
  the
  full
  list
  of
  regions.
• 
  Dedicated
  cloud:
  OCI
  services
  in
  customer
  data
  centers
  with
  OCI
  Dedicated
  Region,
  Oracle
  Alloy,
  and
  government-specific
  clouds
  in
  the
  U.S.,
  UK,
  and
  Australia.
• 
  Hybrid
  cloud:
  Key
  cloud
  services
  on-premises
  via
  Oracle
  Exadata
  Cloud@Customer
  and
  Compute
  Cloud@Customer,
  managing
  deployments
  in
  over
  60
  countries.
• 
  Multicloud:
  Options
  such
  as
  Oracle
  Database@Azure,
  MySQL
  HeatWave
  on
  AWS
  and
  Microsoft
  Azure,
  and
  Oracle
  Interconnect
  for
  Microsoft
  Azure
  and
  Google
  Cloud.

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source:
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