Oracle expanded its Oracle Cloud service to the Nordic market for the first time with the launch of a new region in Stockholm, Sweden.
The company noted that it chose the location to meet growing demand for cloud services from both private and public customers. The site will also allow tapping into the growing technological advancement of the Scandinavian market, which, as Oracle noted, has consistently placed it near the top of the European Union’s Digital Economy and Society Index (DESI). on “human capital, broadband connectivity and the integration of digital technologies by businesses and digital public services.”
This is the 35th region of Oracle’s cloud services to be launched, with plans to further expand that number to 44 by the end of next year. Other existing, recently launched cloud regions in the EU include Frankfurt, Amsterdam and Marseille. Oracle plans to add a second region in France soon, as well as the first locations in Italy and Spain. The launch also comes just over a month after Oracle added Singapore to its Southeast Asia presence.
The company reiterated that it plans to further support the new cloud region with a local investment in its Oracle University program, which provides on-premise software training and certification, to train support staff locally. The launch of new regions and available training are both part of Oracle’s larger plan to grow its cloud enterprise resource product (ERP) business to $20 billion in assets within the next five years.
The Oracle Cloud Stockholm Region is launching already running on 100% renewable energy, the cloud provider noted. This is ahead of the previously announced goal to run all Oracle cloud regions worldwide on renewable resources by 2025. Other regions in North America, South America and eight in Europe have also already reached the renewable energy milestone.