Oracle will offer over 100 Oracle Cloud Infrastructure (OCI) services and applications in the new region near Kragujevac, which Serbia intends to make into a tech hub. Credit: IDG Public cloud services provider Oracle on Monday said it will launch a new cloud region in Serbia, which will make it the first among rivals including Microsoft, Amazon Web Services (AWS), Google and IBM, to offer a hyperscale data center in the Eastern European country. The new cloud region, which will serve Southeast Europe, will be located at the Jovanovac village region in the proximity of Serbia’s fourth largest city, Kragujevac, Oracle said in a statement. The Serbian government has plans to develop Kragujevac into an innovation hub, earmarking nearly 56,000 square meters and €120 million (US$130 million) for the entire effort, which is to be carried out in three phases. The new region will also support the increasing cloud computing demands of private and public sector organizations throughout Serbia, Oracle said. Oracle will offer over 100 Oracle Cloud Infrastructure (OCI) services and applications, including Oracle Autonomous Database, MySQL HeatWave Database Service, and Oracle Container Engine for Kubernetes via the upcoming region. Other Oracle cloud regions in Europe are located in cities including Paris, Marseille, Frankfurt, Milan, Amsterdam, Madrid, Stockholm, Zurich, London, and Newport. Also, the company runs two government cloud regions in the UK. Most rival hyperscalers have presence in cities such as London, Frankfurt, Paris, Milan, Zurich, Stockholm and Madrid. Microsoft is planning to open new regions in Vienna, Copenhagen, Helsinki, Athens, Milan, Warsaw, and Madrid, the company’s website shows. Oracle continues to invest in cloud regions Oracle has continued to invest in expanding its cloud region footprint in an effort to compete with rival hyperscalers including AWS, Microsoft and Google Cloud. In addition to its existing regions in Europe, Oracle has announced intentions to launch two sovereign cloud regions in the region, located in Germany and Spain. Last month, the company announced its intent to open a second region in Singapore to meet demand. Oracle also has plans to invest about $2.4 billion every quarter for the next few quarters on cloud infrastructure, CEO Safra Catz said during an earnings call for the quarter that ended in November. In December last year, the company launched a public cloud region in Chicago, its fourth in the US after Virginia, California, and Arizona. Related content feature 13 essential skills for accelerating digital transformation IT leaders too often find themselves behind on business-critical transformation efforts due to gaps in the technical, leadership, and business skills necessary to execute and drive change. By Stephanie Overby Jun 05, 2023 12 mins Digital Transformation IT Skills tip 3 things CIOs must do now to accurately hit net-zero targets More than a third of the world’s largest companies are making their net-zero targets public, yet nearly all will fail to hit them if they don’t double the pace of emissions reduction by 2030. This puts leading executives, CIOs in particul By Diana Bersohn and Mauricio Bermudez-Neubauer Jun 05, 2023 5 mins CIO Accenture Emerging Technology case study Merck Life Sciences banks on RPA to streamline regulatory compliance Automated bots assisted in compliance, thereby enabling the company to increase revenue and save precious human hours, freeing up staff for higher-level tasks. By Yashvendra Singh Jun 05, 2023 5 mins Digital Transformation Robotic Process Automation feature Expedia poised to take flight with generative AI CTO Rathi Murthy sees the online travel service’s vast troves of data and AI expertise fueling a two-pronged transformation strategy aimed at growing the company by bringing more of the travel industry online. By Paula Rooney Jun 02, 2023 7 mins Travel and Hospitality Industry Digital Transformation Artificial Intelligence Podcasts Videos Resources Events SUBSCRIBE TO OUR NEWSLETTER From our editors straight to your inbox Get started by entering your email address below. Please enter a valid email address Subscribe