STOCK TITAN
The best stock market news and trading tools all in one place—your must-have platform for investing success.
A must-have platform for stock market information, offering the best tools and updates to supercharge your trading.
Your trusted source for the best stock market news, trading tools, and expert advice. Everything traders need, in one place.

Oracle Opens Second Brazilian Cloud Region in São Paulo

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Positive)
Tags
Rhea-AI Summary

On May 12, 2021, Oracle announced the opening of its Vinhedo Cloud region in Brazil, marking its 30th Cloud region globally. This facility complements the existing São Paulo Cloud region and is part of Oracle's goal to establish 38 regions by year-end. The Vinhedo region aims to meet increasing customer demand and support compliance with data sovereignty regulations. With continuous availability of up to 99.995%, it enables organizations to securely manage critical workloads. The expansion underscores Oracle's commitment to investing in Brazil’s digital transformation, including partnerships with local firms like TIM Brasil and SKY.

Positive
  • Opening of the Vinhedo Cloud region enhances infrastructure in Brazil.
  • Increased operational capacity with continuous availability of up to 99.995%.
  • Supports compliance with data sovereignty regulations, attracting more customers.
  • Partnership with TIM Brasil focuses on improving customer service and operational efficiency.
  • Oracle plans to expand to 38 Cloud regions by the end of 2021, reinforcing its global presence.
Negative
  • None.

AUSTIN, Texas, May 12, 2021 /PRNewswire/ -- To support growing customer demand for cloud services in Brazil, Oracle today announced the opening of the Vinhedo Cloud region. This follows the launch of its São Paulo Cloud region last year, making Brazil Oracle's latest country offering dual cloud regions. The opening marks Oracle's 30th Cloud region worldwide and is part of Oracle's global plan to operate 38 Cloud regions by the end of 2021. The digital transformation efforts in Brazil have been accelerated by the global pandemic and Oracle is working with organizations across Brazil to help them move to the cloud securely and in compliance with data sovereignty regulations.  

"We're thrilled to open Oracle's Vinhedo Cloud region as our second region in Brazil. Part of our strategy has been to build a true disaster recovery solution with two regions to help our customers bring their most critical workloads to Oracle Cloud," said Scott Twaddle, vice president, product, industries and partnerships, Oracle Cloud Infrastructure. "With the Vinhedo Cloud region, customers across South and Latin America are able to move to the cloud faster and build resilient workloads that meet data sovereignty requirements and keep their data or metadata within borders."

Oracle continues to make significant investments in Brazil to support a fast-growing number of customers and partners. Today's news follows the recent announcement that Oracle and Microsoft expanded their cloud interoperability partnership to help joint customers worldwide, like TIM Brasil, run their mission-critical workloads across Oracle Cloud and Microsoft Azure. The planned Interconnect location in Brazil means enterprises can build workloads that seamlessly interoperate between Microsoft and Oracle cloud regions in Brazil.

Oracle has a unique dual-region cloud strategy that enables customers to deploy resilient applications in multiple geographically separated locations for disaster recovery and compliance requirements—without having sensitive data leave the country. Oracle is the only major cloud provider with dual cloud regions in Brazil, enabling organizations to run their mission-critical workloads in Oracle Cloud.

The new cloud region will deliver Oracle Cloud Infrastructure services, including Oracle Autonomous Database, Oracle Container Engine for Kubernetes, Oracle Cloud VMware solution, and Oracle Cloud Applications services. It will also provide multiple benefits to customers, especially to those in highly regulated industries with restrictions on servers outside the national territory.

Oracle is also working to drive renewable energy adoption, improve water efficiency and attain environmental certifications. Oracle Cloud offers customers the opportunity to drive business value and reduce their environmental impact, from Oracle's sourcing of materials and renewable energy to cloud features like flexible compute, which enable customers to precisely match the resources they provide to workload needs in a granular way, which reduces their resource consumption and costs.

Customers and Partners Benefit from the Vinhedo Cloud Region

Oracle is helping companies of all sizes and sectors accelerate their journey to the cloud, such as TIM Brasil and SKY, providing them with maximum control and a high level of data security. The Vinhedo Cloud Region provides continuous availability of up to 99.995%, helping ensure no interruptions. In addition, the move to the Vinhedo Cloud Region helps security-focused enterprises that need to help address demanding data residency requirements, as well as, reducing operational costs and modernizing legacy applications.

TIM Brasil is one of the largest telecommunications carriers in the world and recently migrated 100 percent of its data centers in line with the company's strategic plan, which involves digitizing all processes, including service and relationship platforms.

In partnership with Oracle and Microsoft, TIM Brasil is working to improve customer service processes, internal operations, billing, collection and management of digital platforms with speed, scalability and security, in a project that combines innovation, sustainability and efficiency.

"Our proposal is to take the customer experience to a new level, with more efficiency and agility, always with the highest levels of security. We are the first operator to promote a change of this dimension, also anticipating initiatives related to governance and sustainability, within a larger project, related to an ESG agenda that permeates all of TIM's operations. We are following the market movement and investing in areas such as analytics and digital, which are fundamental for the expansion of the company's business, and we have partners that meet the highest levels of quality to highlight our pioneering spirit and reference for the telecommunications sector," said Pietro Labriola, CEO, TIM Brasil.

SKY's digital transformation journey began in 2018, when the satellite TV operator chose to use Oracle Autonomous Database to perform automated analyses in real time with agility and security, bringing more value to their customers. SKY plans to migrate 80 percent of its data centers to the Oracle Cloud later this year.

According to André Nazaré, Director of Infrastructure and IT at SKY, "We need to have the convenience of experimenting with products to develop new solutions. With OCI, we will have the opportunity to innovate, test and create new offers."

Oracle Cloud Infrastructure FastConnect provides dedicated connectivity to Oracle Cloud regions and OCI services. FastConnect provides an easy, elastic, and economical way to create a dedicated and private network connection with higher bandwidth, lower latency, and more consistent performance versus public internet-based connections. FastConnect is available via FastConnect Partners or direct connection. FastConnect is available through partners Ascenty and Lumen Technologies.

Oracle Cloud Region Global Expansion

Oracle opened 12 Cloud Regions in 2020 and currently operates 30 regions globally - 23 commercial, seven government and multiple dedicated regions for U.S. intelligence services - the fastest expansion by any major cloud provider. To help customers build true business continuity and disaster protection while meeting in-country data residence requirements, Oracle plans to establish at least two regions in almost every country where it operates. The U.S., Canada, E.U., U.K., South Korea, Japan, Brazil, India and Australia already have two Cloud regions. Upcoming Cloud regions include second regions in U.A.E. and Saudi Arabia, additional E.U. regions in Italy, Sweden, and France; as well as new regions in Singapore, South Africa, and Israel.

Currently available Oracle Cloud regions include:

  • Asia Pacific: Tokyo, Osaka, Seoul, Chuncheon, Mumbai, Hyderabad, Sydney, Melbourne
  • Americas: San Jose, Phoenix, Ashburn, Toronto, Montreal, São Paolo, Vinhedo, Chile
  • Europe: Frankfurt, London, Zürich, Amsterdam, Wales
  • Middle East: Jeddah, Dubai
  • Government: two general U.S. Government regions, and U.S. National Security regions, three U.S. Department of Defense specific Government regions, two in the United Kingdom

About Oracle
Oracle offers suites of integrated applications plus secure, autonomous infrastructure in the Oracle Cloud. For more information about Oracle (NYSE: ORCL), please visit us at oracle.com.

Additional Resources

Trademarks
Oracle, Java, and MySQL are registered trademarks of Oracle Corporation.

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/oracle-opens-second-brazilian-cloud-region-in-sao-paulo-301289315.html

SOURCE Oracle

FAQ

What is the significance of Oracle's Vinhedo Cloud region opening on May 12, 2021?

The Vinhedo Cloud region enhances Oracle's infrastructure in Brazil, supporting growing customer demand for cloud services and compliance with data sovereignty regulations.

How many Cloud regions does Oracle operate globally after the Vinhedo region launch?

With the opening of the Vinhedo region, Oracle operates 30 Cloud regions worldwide.

What benefits does the Vinhedo Cloud region provide for customers in Brazil?

The Vinhedo Cloud region offers continuous availability of 99.995%, supports data sovereignty compliance, and enhances operational efficiency for businesses.

What are Oracle's future plans for Cloud region expansion?

Oracle aims to operate 38 Cloud regions by the end of 2021, further solidifying its global cloud services presence.

Which companies are partnering with Oracle in Brazil to enhance cloud services?

Oracle is collaborating with TIM Brasil and SKY to improve cloud service offerings and operational efficiencies.

Oracle Corp

NYSE:ORCL

ORCL Rankings

ORCL Latest News

ORCL Stock Data

506.41B
1.62B
41.6%
44.9%
0.67%
Software - Infrastructure
Services-prepackaged Software
Link
United States of America
AUSTIN