Oracle has just announced the availability of its new cloud infrastructure region in Zurich, Switzerland. This facility will also complement the company’s London and Frankfurt regions.

With the new region, Oracle seeks to support its Swiss-based customers who are mostly giants in the field of financial services and life sciences. The company therefore, promises to provide hyper-scale cloud infrastructure performance, functionality, and resiliency to companies and organizations while meeting data residency, security, and compliance needs.

Neutrality, legal certainty, political stability and security are also valid in the technology sector, said Oracle, and this could have lured the company to setup its new cloud infrastructure in Zurich.

“We’re proud to be starting a new chapter of enterprise technology innovation and transformation in Switzerland. Alongside our existing Oracle Smart Innovation lab in Zurich, this region launch supports our commitment to innovation,” said Robert Houska, Field CTO, Oracle.

“In addition to offering the best possible environment to run Oracle application and database workloads like E-business suite and JD Edwards, all OCI [Oracle Cloud Infrastructure] regions provide developers a platform on which to build cloud native, serverless applications using our fully managed, multi-tenant Functions-as-a-service (FaaS) platform.”

At Oracle OpenWorld last year, the company made a commitment to have its cloud platform available in all of the major geographies where Oracle customers operate. With the opening of this Zurich region, the company has made significant progress towards its goal with the general availability of five new cloud regions across five key geographies, just in this year.

The new cloud regions that Oracle already completed this year are sited in Toronto, Tokyo, Seoul, South Korea; Mumbai, India; and most recently, Zurich, Switzerland.

The company also announced that it will open new regions in Sao Paulo, Brazil; and Sydney, Australia in few months.

“The significant investment Oracle has made in local data center expansion will create economic development opportunities for customers and partners along with fostering the local technology ecosystem,” adds Houska.