OFFERING $3 MILLION CREDITS TO STARTUPS
Oracle has just announced the opening of its new Cloud Region in Singapore which is expected to support the demand for enterprise cloud services in South East Asia and further expand Oracle’s global footprint to 33 cloud regions.
To accelerate adoption and support digital drives in Singapore, Oracle stated that it is offering 100 startups $30,000 (USD) each in Oracle Cloud credits over the next two years. Furthermore, the company is providing free Oracle Cloud Infrastructure (OCI) training and certifications which will run until March 31, 2022.
“Customers are pivoting to Oracle because of the high performance, built-in security, and low cost of OCI. We’ve witnessed triple-digit growth in the business last year and want to help customers innovate and modernize, while helping them address in-country data residency requirements,” said Garrett Ilg, president, Asia Pacific and Japan, Oracle.
“With the opening of the new cloud region and the initiatives to support local innovation and growth, we are reaffirming our commitment to Singapore and to the region. The availability of OCI will help improve the speed of innovation, empower startups and champion upskilling for Singaporeans.”
According to Oracle, cloud customers in Singapore can leverage its direct and private connection platform FastConnect through partners which include, Colt Technology Services, Equinix, Megaport and Singtel. Also, customers can deploy multicloud environment between OCI and Microsoft Azure powered by the existing partnership between both cloud companies.
“We welcome Oracle’s move to accelerate startups in Singapore. These initiatives show the confidence that the international business community has in Singapore, as a place where established businesses can work with a vibrant entrepreneur community to transform, innovate and grow,” said Ms Jacqueline Poh, Managing Director, Singapore Economic Development Board.
With plans to have at least 44 cloud regions by the end of 2022, Oracle stated that it is continuing its expansion drives across the globe. In line with this, the company’s upcoming cloud regions include Milan (Italy), Stockholm (Sweden), Spain, Johannesburg (South Africa), Mexico, and Colombia while additional second regions are planned for Saudi Arabia, France, Israel and Chile.