Oracle plans to open a cloud region in Malaysia, including 150+ infrastructure and SaaS services, to meet the growing demand for the country’s artificial intelligence (AI) and cloud services.
Enhancing global competitiveness
Oracle announced plans to invest more than US$6.5 billion to open a public cloud region in Malaysia. This will enable its customers and partners in Malaysia to maximise AI infrastructure and services and migrate mission-critical workloads to Oracle Cloud Infrastructure (OCI).
YB Senator Tengku Datuk Seri Utama Zafrul Tengku Abdul Aziz, minister of investment, trade, and industry (MITI), Malaysia, said: “This investment will empower Malaysian entities, especially small and medium-sized enterprises, with innovative and cutting-edge AI and cloud technologies to enhance their global competitiveness. It is also a significant step towards realising the country’s New Industrial Master Plan’s ambitious vision of creating 3,000 smart factories by 2030.”
“Malaysia offers unique growth opportunities for organisations looking to accelerate their expansion with the latest digital technologies,” said Garrett Ilg, executive vice president, and general manager of Japan & Asia Pacific, Oracle. “Our multi-billion dollar investment affirms our commitment to Malaysia as a regional gateway for cloud infrastructure as well as a comprehensive suite of SaaS applications deployed within Malaysia.”
Hub for technological innovation
Franco Chiam, vice president of cloud, data center, and future digital infrastructure, Asia Pacific, IDC, said: “According to IDC FutureScape ‘The Infrastructure and Cloud Impact 2024 Predictions’, Malaysia’s public cloud services market is expected to grow by 27.2 percent CAGR from 2022 to 2027. The upcoming Oracle cloud region in Malaysia, therefore, signals the country’s potential to become a hub for technological innovation and growth in Southeast Asia.”
