Oracle Cloud Infrastructure Momentum Accelerates with New Hires

Nearly 2,000 new employees will support customer growth, product innovation, and data center expansion

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Oct 08, 2019, 08:00 ET

REDWOOD SHORES, Calif., Oct. 8, 2019 /PRNewswire/ -- Oracle today announced plans to hire nearly 2,000 employees worldwide to work on its growing Oracle Cloud Infrastructure business. The new roles, which include software development, cloud operations, and business operations, will support Oracle's rapidly expanding infrastructure customer base, and come as the company rolls out new product innovations and rapidly opens cloud regions around the globe.

"Cloud is still in its early days with less than 20 percent penetration today, and enterprises are just beginning to use cloud for mission-critical workloads," said Don Johnson, executive vice president, Oracle Cloud Infrastructure. "Our aggressive hiring and growth plans are mapped to meet the needs of our customers, providing them reliability, high performance, and robust security as they continue to move to the cloud."

Oracle Cloud Infrastructure's portfolio has experienced significant growth. Recent product innovations include new automated cloud security services, the launch of Autonomous Linux, and a host of new cloud data services. Only Oracle Gen 2 Cloud is built to run Oracle's leading suite of enterprise cloud applications and uses machine learning to deliver category-defining autonomous services, including Oracle Autonomous Database and Oracle Autonomous Linux. Additionally, Oracle is the only cloud infrastructure company in the world that delivers enterprise applications. This gives customers huge cost and competitive advantages and enables them to extend their applications as they grow.

In the past year, Oracle has opened 12 new Gen 2 Cloud regions and currently operates 16 regions globally, the fastest expansion by any major cloud provider. Continuing its rapid cadence of Oracle Gen 2 Cloud region launches, Oracle plans to add 20 more regions by the end of 2020, bringing the global footprint to 36 total regions. Eleven countries or jurisdictions will have region pairs that facilitate enterprise-class, multi-region, disaster-recovery strategies to better support those customers who want to store their data in-country or in-region.

Today, Oracle is the only company delivering a complete and integrated set of cloud services and building intelligence into every layer of the cloud. Oracle Cloud Infrastructure's growing talent base will ensure customers continue to benefit from best-in-class security, consistent high performance, simple predictable pricing, and the tools and expertise needed to bring enterprise workloads to cloud quickly and efficiently.

In addition to rapid hiring, Oracle will make additional real estate investments to support the expanded Oracle Cloud Infrastructure workforce.

About Oracle
The Oracle Cloud offers a complete suite of integrated applications for Sales, Service, Marketing, Human Resources, Finance, Supply Chain and Manufacturing, plus Highly Automated and Secure Generation 2 Infrastructure featuring the Oracle Autonomous Database. For more information about Oracle (NYSE: ORCL), please visit us at www.oracle.com.

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The preceding is intended to outline our general product direction. It is intended for information purposes only, and may not be incorporated into any contract. It is not a commitment to deliver any material, code, or functionality, and should not be relied upon in making purchasing decisions. The development, release, timing, and pricing of any features or functionality described for Oracle's products may change and remains at the sole discretion of Oracle Corporation.

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Statements in this article relating to Oracle's future plans, expectations, beliefs, and intentions are "forward-looking statements" and are subject to material risks and uncertainties. Many factors could affect Oracle's current expectations and actual results, and could cause actual results to differ materially. A discussion of such factors and other risks that affect Oracle's business is contained in Oracle's Securities and Exchange Commission (SEC) filings, including Oracle's most recent reports on Form 10-K and Form 10-Q under the heading "Risk Factors."

These filings are available on the SEC's website or on Oracle's website at http://www.oracle.com/investor. All information in this article is current as of October 8, 2019 and Oracle undertakes no duty to update any statement in light of new information or future events.

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SOURCE Oracle