In response to the rising demand for cloud computing and artificial intelligence in Japan over the next ten years, the Japanese division of American IT company, Oracle Corp., has announced that it will invest $8 billion in the nation.
While confirming the plans in a press release on Thursday, Toshimitsu Misawa, corporate executive officer and president of Oracle Corporation Japan emphasised the company’s commitment to support customers and partners in their cloud journey.
According to the report, Oracle Cloud Infrastructure’s (OCI) presence in Japan will expand as a result of the investment.
Oracle’s OCI provides a distributed cloud model that consists of a public cloud that serves a variety of organisations, including those subject to stringent EU sovereignty controls, a dedicated cloud that enables customers to run all OCI services in their data centres, and hybrid cloud solutions that deliver essential services on-premises.
Newsng understands that Oracle plans to grow its operations significantly and staff its technical teams with Japanese nationals to assist customers and partners in meeting Japan’s criteria for digital sovereignty.
“We are dedicated to meeting our customers and partners where they are in their cloud journey,” said Misawa.
“By growing our cloud footprint and providing a team to support sovereign operations in Japan, we are giving our customers and partners the opportunity to innovate with AI and other cloud services while supporting their regulatory and sovereignty requirements.”
In addition to the anticipated capital investment, the corporation will improve its information management system, according to an insider source.
As it attempts to meet demand from customers managing highly secret data, including government organisations, financial institutions, healthcare enterprises, and telecommunications corporations, it aims to delegate the operation of its data centres and customer support services to authorities in Japan.
In a similar report, Microsoft stated that it would invest $2.9 billion over two years to increase its cloud and AI infrastructure in Japan, marking the latest in a succession of major tech corporations’ global expansions to support the development of artificial intelligence.
