Oracle has announced plans to invest more than US$6.5 billion to open a public cloud region in Malaysia.
By Digital News Asia October 2, 2024Customers, partners will gain fast cloud access for better data value, secure storage
In addition, over 150 services, including Oracle Autonomous Database, HeatWave MySQL Database Service, Oracle Cloud VMware Solution, OCI Kubernetes Engine, and Oracle Fusion Cloud Applications Suite, will be available, offering customers infrastructure, platform, or SaaS services. “Rapidly growing demand for AI services prompts the need for more data centres that store large amounts of data and computational power to train and deploy AI models,” said Franco Chiam, vice president of Cloud, Data Centre and Future Digital Infrastructure, Asia Pacific, IDC. “According to IDC FutureScape’s ‘The Infrastructure and Cloud Impact 2024 Predictions,’ Malaysia’s public cloud services market is expected to grow by 27.2 percent CAGR from 2022 to 2027.
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