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
Talks explored collaboration with VITIB on startups, research, and smart services Visit follows Côte d'Ivoire's $146M 2026 digital...
Benin proposes $48M 2026 digital budget, down 6.3% from 2025 Funds target AI integration, broadband expansion, and media...
Mauritania launches free digital portal for Official Gazette with 30,000+ texts Platform offers bilingual access, advanced search, and...
JA Africa launches $1.5M digital safety program in four African countries Initiative to train 250,000 children, 6,000 teachers, 8,000...
Most Read
01

S&P upgrades Zambia to CCC+ as debt talks advance and copper output rebounds. About 94% of $...

S&P Raises Zambia’s Foreign-Currency Rating to CCC+
02

Vodacom Tanzania launches M-Pesa Global Payments, enabling seamless international transactions thr...

Tanzania’s Mobile Money Goes Global: Vodacom Partners with Visa, Alipay, and MTN
03

Anthropic, Rwanda’s government, and ALX launched Chidi, an AI mentor built on Claude. It wi...

Anthropic Partners with Rwanda, ALX to Deploy Claude-Powered AI Learning Companion Across Africa
04

Government, ESCWA, and experts meet to shape national framework Plan aims to fight corruption, c...

Mauritania Advances Blockchain Policy to Modernize Digital Public Services
05

CBE raised $200 million in senior debt as a second tranche arranged by Standard Bank New fun...

CrossBoundary Energy secures $200mln for African expansion
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.