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Oracle adds cloud data centers in five countries, sets new 2020 target

February 3, 2020

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SAN FRANCISCO (Reuters) – Oracle Corp (ORCL.N) said on Monday it had added new cloud computing data centers in five countries and aims to have them in 36 locations by the end of 2020, as it races with Amazon.com (AMZN.O) and Microsoft Corp (MSFT.O) for market share.

After a rocky start in the cloud business, Oracle, a longtime business software provider, is rolling out its second generation of cloud systems, in which it operates data centers and customers rent capacity from it.

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