Telecom

US Oracle plans various tech investments in South Africa by late 2019

US Oracle plans various tech investments in South Africa by late 2019
Tuesday, 29 October 2019 14:36

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.

On the same topic
Starlink agora é autorizado no Senegal, mas redes informais continuam a proliferar em várias localidades. A ARTP alerta que estas práticas constituem uma...
Regulator investigates data collection and AI training practices Concerns focus on covert recording and handling of sensitive data Case reflects...
Regulator flags illegal resale of Starlink connections Informal networks spreading in underserved areas Violators face prison terms and fines up to...
Government targets underserved areas with new tower rollout Over 20 million Nigerians still lack basic connectivity Project is part of broader digital...
Most Read
01

Novo Nordisk cuts Wegovy prices in South Africa amid competition Move targets rival Eli Lil...

Drugmakers ramp up competition in South Africa’s obesity treatment market
02

WAEMU posts 3.31 trillion CFA francs trade surplus in Q4 Exports surge 50.4%, led by gold, ...

WAEMU Trade Surplus Widens to $5.8 Billion in Q4 2025 on Strong Export Gains
03

The BCEAO now allows UEMOA citizens abroad to open CFA franc accounts under the same conditions as...

West Africa Targets Diaspora Funds With New Banking Access Rules
04

Operator explores renewable energy partnership with Italy’s Ascot Energy Move aims to stabilize p...

Ethio Telecom Turns to Green Power to Secure Network Expansion
05

First investor town hall since 2021 signals renewed engagement with markets Authorities hi...

Ghana restarts investor engagement as macro recovery firms after default
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.