[SINGAPORE and AUSTIN, Texas] Oracle has announced plans to open a second cloud region in Singapore to address the increasing demand for its cloud services in South East Asia. This expansion is part of Oracle's aggressive expansion strategy, with 10 public regions planned to join the 41 regions that the company currently operates. The new cloud region will offer Oracle's customers and partners in the public and private sectors an additional option to locate their infrastructure, applications, and data for optimal performance and low latency.
Customers of the new cloud region will have access to a wide range of cloud services to modernize their applications, innovate with data, analytics, and artificial intelligence (AI), and migrate mission-critical workloads from their data centers to Oracle Cloud Infrastructure (OCI). The new cloud region will also enable customers to achieve greater business continuity by using both Oracle Cloud Singapore Regions together while retaining data residency within Singapore.
Garrett Ilg, President, Japan & Asia Pacific, Oracle, said, "Our upcoming second cloud region in Singapore will help meet the tremendous upsurge in demand for cloud services in South East Asia. With the new region, Oracle offers customers true business continuity and disaster protection while meeting in-country data residency requirements. As a result, we're extending our commitment to helping organizations in South East Asia embrace technologies like AI, machine learning, and IoT to address their most complex challenges and achieve more with less."
The new Oracle Cloud Singapore Region will offer over 100 OCI services and applications, including Oracle Autonomous Database, MySQL HeatWave Database Service, Oracle Container Engine for Kubernetes, and Oracle Cloud VMware Solution. These applications and services will help startups, medium-sized, and large organizations across various industries such as financial services, telecommunications, manufacturing, healthcare, and retail in South East Asia harness data to uncover new business value and optimize applications, typically without requiring costly re-architecture. The first Oracle Cloud Singapore Region has already supported the innovation needs of more than 1,000 customers in South East Asia, including Pacific International Lines and Siam Makro.
One of the key features of Oracle Cloud Infrastructure is its high availability and low latency, providing customers with a resilient cloud foundation. Each Oracle Cloud Region contains at least three fault domains, which are groupings of hardware that form logical data centers for high availability and resilience to hardware and network failures. The second region in Singapore will help customers increase business continuity while addressing regulatory needs.
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 Cloud@Customer, can assist with applications where data proximity and low latency in specific locations are critical.
The expansion of Oracle's cloud services in South East Asia comes at a time when digital transformation is gaining significant momentum in the region. According to IDC's Top ICT Predictions for 2022 and Beyond at IDC FutureScape 2022, digital will play a crucial role in South East Asia's economy, with one in three companies projected to generate more than 15 percent of their revenue from digital products and services by 2023, compared to one in six in 2020. Cloud technology is expected to play an even more integral role in business continuity and resiliency for organizations in South East Asia as they seek to navigate the challenges of the post-pandemic digital-first world.
Estelle Quek, Senior Research Manager, Cloud Buyer Trends and Intentions Research, IDC, said, "Oracle's second cloud region in Singapore is a welcomed addition as the country continues to establish itself as one of the top markets for data centers globally, with sustainability at its core. Despite economic uncertainties, cloud spending by South East Asia organizations remains strong as cloud."
