American firm Oracle, specialized in enterprise software products, announces many technological investments in South Africa by the end of the year. First, the company plans to open Future Ready Labs, its first laboratory in Africa, in Johannesburg in November.
The infrastructure will serve as an exhibition framework to help local industry players realize the potential of cloud technology. If the experiment is successful, Oracle also plans to open another such laboratory in Cape Town and then in other countries such as Mauritius, Botswana, and Namibia.
“We're trying to re-energize local firms because their users are continuously evolving and their competitors are also adapting to this change. We take them through a structured approach aimed to help them adapt to technologies that will significantly contribute to increased revenues, customer satisfaction and improve productivity,” said Sarah George (pictured), Product Strategy Manager ERP (Enterprise Resource Planning) at Oracle South Africa.
In addition to laboratories, Oracle also plans to invest in local data centers. This strategy will ramp up competition with Microsoft, which opened two regional data centers in South Africa in March 2019. One is located in Cape Town while the other is in Johannesburg. These facilities have made Microsoft the world's leading provider of cloud computing services on the continent.
Oracle, which in turn wants to invest in the cloud in South Africa to take advantage of this growing segment, will also have to deal with competition with Amazon Web Services which also unveiled its ambitions to open data centers in the country next year.
From Dakar to Nairobi, Kampala to Abidjan, mobile money has become a lifeline for millions of Africa...
• WAEMU posts 0.9% deflation in July, second month in a row• Food, hospitality prices drop; alcohol,...
Airtel Gabon, Moov sign deal to share telecom infrastructure Agreement aims to cut costs, boo...
Vision Invest invests $700m in Arise IIP, Africa’s largest private infrastructure deal in 202...
As a relatively small issuer in the West African Economic and Monetary Union (WAEMU) market, Benin i...
South Africa anchors African bonds with liquidity, but yields lag Ghana and Zambia. Ghana and Zambia deliver 20%+ yields, driving bond rallies despite...
• UN urges shift from arms to human development in Africa • Military spending rises, deepening poverty and fiscal strain • Region needs $70B...
Lomé begins dredging to handle larger container ships Port traffic hits record 2 million TEUs in 2024 Strategic hub for regional transshipment and...
Malawi votes in high-stakes presidential election Tuesday Economic crisis, inflation dominate voter concerns Chakwera faces Mutharika, Banda in tight...
Surprisingly, only one African song made it onto Rolling Stone's list of the 500 Greatest Songs of All Time. The track is "Essence," a collaboration...
The Umhlanga Festival, also known as the “Reed Dance,” is one of the most iconic cultural events in the Kingdom of Eswatini in Southern Africa. Every...