Oracle announced plans to invest more than US$1 billion to open a third cloud region in Madrid and drive AI skills development across the country.
The new public cloud region will enable Oracle customers and partners across all industries in Spain, including its prominent financial services sector, to migrate mission-critical workloads from their data centres to Oracle Cloud Infrastructure (OCI) while helping them address regulations like the Digital Operational Resilience Act (DORA) and the European Outsourcing Guidelines (EBA, EIOPA, ESMA).
Telefonica España will be the host partner for the planned cloud region.
The upcoming cloud region in Madrid will help public and private sector organisations migrate all types of workloads to the cloud, modernise their applications, and innovate with data, analytics and AI.
Oracle says it is the only hyperscaler capable of delivering AI and a full suite of 100-plus cloud services across dedicated, public and hybrid cloud environments, anywhere in the world. This includes Oracle Autonomous Database, MySQL HeatWave Database Service, Oracle Container Engine for Kubernetes, Oracle Cloud VMware Solution, OCI Generative AI service and OCI AI Infrastructure.
“The opening of the third Oracle cloud region in Spain is excellent news for our country,” said José Luis Escrivá, Minister for Digital Transformation and Public Administration, Government of Spain. “The investment announced by Oracle provides a significant boost that will help Spanish enterprises and public sector organisations innovate with AI and continue advancing on the path of Digital Transformation.”
“It is great news that major technology multinationals such as Oracle are announcing this level of investment in the Region of Madrid,” said Miguel López-Valverde, Councillor for Digitalisation, Government of the Region of Madrid.
“We are convinced of the importance of public-private collaboration in this area, and of facilitating the development of cloud infrastructure in our region. Over the next three years, the region of Madrid is expected to receive investments of more than six billion Euros from the cloud industry, which is critical to helping us build a digital economy capable of creating high-quality jobs, attracting investment and retaining talent.”
Oracle also offers a separate EU Sovereign Cloud with one region in Madrid to help public and private sector customers with data and applications that are sensitive, regulated, or of strategic regional importance, move to the cloud. The Oracle EU Sovereign Cloud in Madrid is operated by EU-based personnel and supports workloads that fall under EU guidelines and requirements for sovereignty and data privacy.
