Oracle plans second cloud region in Singapore to meet growing demand
Oracle on Tuesday said it is planning to add a second cloud region in Singapore to meet the growing demand for cloud services across Southeast Asia.
“Our upcoming second cloud region in Singapore will help meet the tremendous upsurge in demand for cloud services in South East Asia,” Garrett Ilg, president, Japan & Asia Pacific at Oracle, said in a statement.
Public cloud services market across Asia Pacific, excluding Japan, is expected to reach $153.6 billion in 2026 from $53.4 billion in 2021, growing at a compound annual growth rate of 23.5%, according to a report from IDC.