Oracle has announced plans to invest over $1 billion in Spain, aiming to strengthen its cloud and AI presence across the country. As part of this initiative, the company will establish a third cloud region to better serve Spain’s financial institutions and other critical industries.

The new cloud region is designed to enhance operational resilience and support the growing demand for Oracle Cloud Infrastructure (OCI). Businesses in Spain will benefit from OCI’s advanced capabilities, including high performance computing, integrated AI tools, robust security features, and distributed cloud technologies. This strategic expansion underscores Oracle’s commitment to accelerating digital transformation across key sectors in Spain.

Looking for more updates on financial innovation and revenue-driven technology?
Visit RevTech News for expert insights and the latest trends.

News Source: Businesswire.com