Saturday, 28 Feb 2026
Subscribe
logo
  • Global
  • AI
  • Cloud Computing
  • Edge Computing
  • Security
  • Investment
  • Sustainability
  • More
    • Colocation
    • Quantum Computing
    • Regulation & Policy
    • Infrastructure
    • Power & Cooling
    • Design
    • Innovations
    • Blog
Font ResizerAa
Data Center NewsData Center News
Search
  • Global
  • AI
  • Cloud Computing
  • Edge Computing
  • Security
  • Investment
  • Sustainability
  • More
    • Colocation
    • Quantum Computing
    • Regulation & Policy
    • Infrastructure
    • Power & Cooling
    • Design
    • Innovations
    • Blog
Have an existing account? Sign In
Follow US
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Data Center News > Blog > Regulation & Policy > Oracle Will Invest More Than $1 Billion in AI and Cloud Computing in Spain
Regulation & Policy

Oracle Will Invest More Than $1 Billion in AI and Cloud Computing in Spain

Last updated: June 22, 2024 11:32 pm
Published June 22, 2024
Share
Oracle Will Invest More Than $1 Billion in AI and Cloud Computing in Spain
SHARE

To meet the quick increasing demand for its AI and cloud providers in Spain, Oracle has introduced plans to speculate greater than $1 billion to ascertain a 3rd cloud area in Madrid and speed up AI talent growth all through the nation.

The brand new public cloud area will enable Oracle prospects and companions in all industries in Spain, together with the nation’s distinguished monetary providers sector, emigrate mission-critical workloads from their information facilities to Oracle Cloud Infrastructure (OCI) whereas complying with rules such because the Digital Operational Resilience Act (DORA) and the European Outsourcing Pointers (EBA, EIOPA, and ESMA). Telefónica España will host the projected cloud area.

The deliberate cloud area in Madrid will help private and non-private sector enterprises in transferring all forms of workloads to the cloud, modernizing their functions, and innovating with information, analytics, and AI. Oracle is the one hyperscaler able to providing AI and a full suite of 100+ cloud providers in devoted, public, and hybrid cloud environments world wide. This includes the Oracle Autonomous Database, MySQL HeatWave Database Service, Oracle Container Engine for Kubernetes, Oracle Cloud VMware Resolution, OCI Generative AI service, and OCI AI Infrastructure.

“The opening of the third Oracle cloud area in Spain is good news for our nation,” stated José Luis Escrivá, minister for digital transformation and public administration, Authorities of Spain. “The funding introduced by Oracle offers a major enhance that can assist Spanish enterprises and public sector organizations innovate with AI and proceed advancing on the trail of digital transformation.”

“It’s nice information that main expertise multinationals akin to Oracle are saying this stage of funding within the Area of Madrid,” stated Miguel López-Valverde, councillor for digitalisation, Authorities of the Area of Madrid. “We’re satisfied of the significance of public-private collaboration on this space, and of facilitating the event of cloud infrastructure in our area. Over the subsequent three years, the area of Madrid is predicted to obtain investments of greater than six billion Euros from the cloud {industry}, which is crucial to serving to us construct a digital economic system able to creating high-quality jobs, attracting funding, and retaining expertise.”

See also  Data centres and AI: PNY unveils its expertise to meet the explosion in computing needs

Oracle additionally offers a definite EU Sovereign Cloud, with one area in Madrid, to help public and industrial sector prospects in migrating delicate, regulated, or strategic regional information and functions to the cloud. The Oracle EU Sovereign Cloud in Madrid is run by EU-based individuals and helps workloads that adhere to EU sovereignty and information safety legal guidelines.

“Spanish enterprises and public sector organizations are quickly embracing the cloud to realize entry to the most recent digital applied sciences akin to AI, and the upcoming public cloud in Madrid will assist them deal with information residency necessities in addition to rules in key sectors akin to monetary providers,” stated Albert Triola, nation chief, Oracle Spain. “With our plans to speculate a further $1B in Spain over the subsequent 10 years, we’re reaffirming our dedication to serving to Spanish organizations of all sizes and industries – together with these throughout Spain’s small and medium-sized enterprises and the monetary providers {industry} – speed up their adoption of cloud applied sciences to spice up enterprise efficiency and resilience.”

OCI gives prospects and companions a resilient and scalable cloud basis.

Prospects and companions will profit from further low-latency entry to cloud providers as the upcoming new area joins the prevailing Oracle Cloud Area in Madrid, permitting them to get extra worth out of their information. Prospects may also use excessive availability and catastrophe restoration capabilities to enhance enterprise continuity and assist meet information residency rules and necessities in Spain and the EU, in addition to industry-specific necessities and rules such because the Digital Operational Resilience Act (DORA) within the monetary providers {industry}.

Monetary providers organizations face distinctive regulatory necessities as a result of inherent sensitivity of their workloads, and Oracle has developed capabilities and practices to help prospects within the monetary providers sector in assembly DORA and different key {industry} rules. As a part of its ongoing efforts to help monetary providers prospects with their due diligence, Oracle created the Advisory: Oracle Cloud Providers and the European Outsourcing Pointers (EBA, EIOPA, ESMA) to permit prospects to research OCI in gentle of their regulatory outsourcing suggestions. As well as, Oracle Cloud Areas, which embody the prevailing and forthcoming areas in Madrid, in addition to the EU Sovereign Cloud Area in Madrid, present backup and catastrophe restoration options to help prospects meet their information availability and resilience necessities.

See also  Omdia’s Vlad Galabov on Navigating the Trillion-Dollar Data Center Challenge

Moreover, OCI’s sovereign AI capabilities give prospects extra management over the place and the way their information and computing sources are saved and managed. Because of this, shoppers can obtain AI sovereignty by guaranteeing that their AI use is in line with information governance guidelines.

Oracle’s distinctive cloud structure permits it to create devoted cloud areas with hyperscale cloud providers inside buyer information facilities whereas additionally deploying extra public cloud areas quicker by beginning with a great footprint and rising as wanted. This methodology helps fulfill the wants of all nations and areas with out sacrificing cloud capabilities, whereas nonetheless delivering the constant efficiency, SLAs, and worldwide pricing for which OCI is understood.

Main organizations in Spain welcome the upcoming Public Cloud Area.

“Our partnership with Oracle has been paying off for many years. We’ve a stronger place out there, combining one of the best capabilities of each corporations,” stated Sergio Sánchez, operations, community and IT director, Telefónica España. “On the one hand, we proceed emigrate a part of our mission-critical infrastructure to Oracle’s cloud to be extra agile in delivering modern services to our prospects world wide. Then again, that is the third cloud area for which we now have been trusted as a bunch associate, once more positioning us as a pacesetter within the information middle {industry}.”

“We depend on Oracle emigrate our crucial workloads to Oracle Cloud Infrastructure whereas complying with native regulatory necessities. OCI offers us with a sturdy and safe cloud infrastructure,” stated Enríque Rodríguez, director of expertise providers, Banco Sabadell. “The arrival of the third Oracle Cloud Area in Spain will open important alternatives for us by way of using new applied sciences akin to AI throughout totally different areas of our enterprise.”

See also  Snowflake and OpenAI push AI into everyday cloud data work

“Naturgy is migrating a big a part of its crucial information infrastructure to OCI, which we chosen for its scalability, efficiency, and worth competitiveness,” stated Rafael Blesa, basic supervisor of data methods, Naturgy. “The upcoming arrival of Oracle’s third cloud area in Spain is nice information as it is going to enable us emigrate low-latency and significant infrastructure help methods to the cloud whereas enhancing their safety and resilience.”

“The world’s digital transformation is now unstoppable, and organizations in every single place must adapt to stay related and aggressive,” stated Ravin Dhalani, CIO, MASORANGE. “Cloud applied sciences play a crucial position within the telecommunications {industry}, enabling distributors to satisfy demand for high-speed providers whereas enhancing operational effectivity and productiveness. We’re enthusiastic about Oracle’s upcoming third cloud area in Spain, which can assist us advance our innovation on OCI.”

About Oracle Distributed Cloud

Oracle’s distributed cloud offers cloud advantages whereas permitting you better management and suppleness. Oracle’s distributed cloud choices embody:

  • Hyperscale public cloud areas help all sizes of organizations, together with people who require rigorous EU sovereignty controls. View the entire record of areas right here.
  • Devoted cloud: With OCI Devoted Area, prospects can host all OCI cloud providers in their very own information facilities, whereas Oracle Alloy permits companions to resell OCI cloud providers and tailor the expertise. Oracle additionally maintains distinct Authorities Clouds in the US, the UK, and Australia, in addition to Remoted Cloud Areas for US nationwide safety wants. Every of those choices features a full cloud and AI stack that prospects could use as a Sovereign Cloud.
  • Hybrid cloud: OCI offers main cloud providers on-premises by Oracle Exadata Cloud@Buyer and Compute Cloud@Buyer, with deployments in additional than 60 nations.
  • Multicloud: Oracle Database@Azure, MySQL HeatWave on AWS and Microsoft Azure, Oracle Interconnect for Microsoft Azure, and Oracle Interconnect for Google Cloud allow prospects to mix vital options from a number of clouds.

Like this:

Like Loading…

Source link

TAGGED: billion, cloud, computing, Invest, Oracle, Spain
Share This Article
Twitter Email Copy Link Print
Previous Article $9.2 Billion Equity Investment Completed $9.2 Billion Equity Investment Completed
Next Article Synspective Toyoda Gosei Invests in Synspective
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Your Trusted Source for Accurate and Timely Updates!

Our commitment to accuracy, impartiality, and delivering breaking news as it happens has earned us the trust of a vast audience. Stay ahead with real-time updates on the latest events, trends.
FacebookLike
TwitterFollow
InstagramFollow
YoutubeSubscribe
LinkedInFollow
MediumFollow
- Advertisement -
Ad image

Popular Posts

Volvo Penta G17: flexible natural gas engine for data centres

With the surge in world power consumption, particularly by knowledge centres, the demand for dependable…

February 10, 2026

1 Super-Cheap Way to Cash In on This $1 Trillion Artificial Intelligence Megatrend

Synthetic Intelligence (AI) wants a large quantity of computing energy and information storage to thrive.…

March 4, 2024

Nordic Data Center Construction Market Industry Outlook & Forecast 2024-2029: A $3.18 Billion Market by 2029, with ABB, Alfa Laval, Carrier, Caterpillar and Cummins Dominating

Dublin, June 10, 2024 (GLOBE NEWSWIRE) — The “Nordic Knowledge Heart Development Market – Business…

June 10, 2024

Anthropic’s Claude 3.5 Sonnet wows AI power users: ‘this is wild’

Don’t miss OpenAI, Chevron, Nvidia, Kaiser Permanente, and Capital One leaders solely at VentureBeat Remodel…

June 24, 2024

Colohouse Acquires Hivelocity

Colohouse, a Tampa, FL-based portfolio firm of Valterra Companions and a participant within the colocation, cloud, internet…

April 3, 2024

You Might Also Like

ControlMonkey extends configuration disaster recovery to cloud network vendors
Global Market

ControlMonkey extends configuration disaster recovery to cloud network vendors

By saad
TES Power secures 48MW project in Northern Spain
Power & Cooling

TES Power secures 48MW project in Northern Spain

By saad
Thomson Reuters, RBC embed AI into enterprise cloud workflows
Cloud Computing

Thomson Reuters, RBC embed AI into enterprise cloud workflows

By saad
High-performance computing market set to reach $91bn by 2030, report reveals
Innovations

High-performance computing market set to reach $91bn by 2030

By saad
Data Center News
Facebook Twitter Youtube Instagram Linkedin

About US

Data Center News: Stay informed on the pulse of data centers. Latest updates, tech trends, and industry insights—all in one place. Elevate your data infrastructure knowledge.

Top Categories
  • Global Market
  • Infrastructure
  • Innovations
  • Investments
Usefull Links
  • Home
  • Contact
  • Privacy Policy
  • Terms & Conditions

© 2024 – datacenternews.tech – All rights reserved

Welcome Back!

Sign in to your account

Lost your password?
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.
You can revoke your consent any time using the Revoke consent button.