Major Businesses To Oracle’s Second Generation Cloud In The UAE
Oracle revealed on Thursday the accessibility of the first of two planned second-generation cloud regions in the UAE, which is considered to boost the country’s digital economy.
The inclusion of the Dubai Cloud area marks the worldwide accessibility of 26 oracle Cloud regions. The opening is part of the ambitious plan by Oracle to have 36 cloud areas by July 2021. All oracle cloud services will be offered.
The International Data Corporation says that digital transformation is prioritized by UAE –based organizations to navigate the current crisis and complete and prosper during the recovery process.
As per the survey conducted by the IDC in the second quarter of UAE CIOs from mid-to large organizations, 57% said they were driving digital transformation in response to new consumer to organizational needs and the cloud is a critical component”.
Jyoti Lalchandani, Group VicePresident and Regional Managing Director for the Middle East, Turkey and Africa at IDC, said: “The cloud is increasingly seen as a technology platform that can provide the agility, capacity and innovation capabilities needed to accelerate digital transformation.” Over the past few months, we have seen a rapid increase in cloud adoption and use across all main industries. Investment in incountry data centres by multinational cloud providers backed by these demand and supply side factors. Lalchandani says the IDC expects UAE public cloud expenditure to reach $430 million this year and $ 1 billion by 2024, rising at a 25% CAGR over the five-year period from 2019-24.
In 2019, the digital economy’s contribution to the GDP of the UAE stood at 4.3 percent, and His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime minister of the UAE and Ruler of Dubai, set a goal to double the existing one.
California-based Oracle’s cloud has been selected by leading UAE organizations to accelerate substantial change. The cloud will further boost its efforts, Dubai-based global logistics giant DP world Says.
Luxury property developer Damac, meanwhile, says it would help accelerate its business journey. “We run workloads across enterprise apps, APIs and services that power both internal and customer facing apps across the group. The new UAE data center region should help us accelerate this journey further,” chief information officer Binoo Joseph said. And Tahaluf Al Emarat, a provider of advanced software solutions for the public sector, touts the security if offers.
“By redefining the future of global trade, DP World helps economies expand and nations prosper. We are focused on creating healthy, secure logistics operations that are highly efficient, flexible and costeffective. Our mission is to facilitate the movement of products around the world at the click of a button. CEO Yahia Alhami commented,”We are focused on delivering advanced and highly secure technological solutions and applications that exploit emerging technologies such as artificial intelligence, the internet of Things and Big Data. The cloud architecture of the second generation of Oracle, which provides a unique autonomous database, is the right platform for us to develop secure and creative applications for our customers”.
The telecom partner for the Oracle Cloud area in Dubai is Industry Giant etisalat. Salvador Anglada, Etisalat’s group chief business officer said that, Global markets are looking at increasing the availability of digital services and introducing new technologies for companies and the whole population during this unparalleled time. The partnership with Oracle further complements Etisalat’s current capabilities, which offer versatility and connectivity to the private and public sectorsthrough the introduction of Oracle’s next generation of cloud services.