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Oracle invests in Italy with the “cloud region” of Milan

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Kim Jong Un at the commemoration for the 10th anniversary of his father's death (ANSA)

(ANSA) – MILAN, DECEMBER 17 – Oracle has opened its first Italian “cloud region” in Milan. The Lombard capital is the 36th out of a total of 44 “regions” that the American tech giant has set out to inaugurate by 2022.

The investment in Italy closely follows the opportunity for Oracle to help customers realize the resources made available by the NRR, with a view to adoption and digital transformation. The launch of a cloud region implies the possibility, for the public and private sector, to better govern the data in their possession, benefiting from proximity in the country where such data are produced. Connected to Oracle Cloud Infrastructure, that is Oracle’s set of global networks and infrastructures, the Milanese cloud region has a dual objective. The first is to offer better performance for accessing the services of companies and organizations that host their programs on the Oracle cloud. The second is to satisfy the increasingly stringent European regulations, for sectors such as the financial sector, where data sovereignty has become a recurring requirement.

The European Union has long aimed at the need for individual states to know where citizens’ information is stored, limiting its sharing across borders, if not necessary. “For this reason, it is important to offer Italian organizations access to cloud infrastructures located in the country to manage their applications and their data” commented Alessandro Ippolito, Vice President and Country General Manager of Oracle Italy. “The Milan region will also be able to support the initiatives of the National Recovery and Resilience Plan, which aims to promote Italy’s economic revival by leveraging digital modernization”. The new region is powered by 100% renewable energy and strengthens Oracle’s extensive infrastructure network in the EU, from Frankfurt to Amsterdam, Marseille to Stockholm.

(ANSA).

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Source From: Ansa

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