Oracle Expands Cloud Infrastructure Business with 2,000 New Hires

By Fred Donovan

October 09, 2019 - Oracle, which provides cloud computing services to Adventist Health, Emblem Health, Glens Falls Hospital, and other healthcare organizations, is expanding its cloud infrastructure business by hiring close to 2,000 employees.

The new hires will support Oracle’s expanding infrastructure customer base and come as the company rolls out new products and opens new international cloud markets.

Oracle has recently launched several new cloud products, such as automated cloud security services and cloud data services.

Dig Deeper

CHOC Combines AWS Cloud Computing with Cerner EHR for Data Science

Oracle Gen 2 Cloud is built to run Oracle’s suite of enterprise cloud applications and uses machine learning to provide autonomous services, including Oracle Autonomous Database and Oracle Autonomous Linux.

“Cloud is still in its early days with less than 20 percent penetration today, and enterprises are just beginning to use cloud for mission-critical workloads,” said Don Johnson, executive vice president of Oracle Cloud Infrastructure. “Our aggressive hiring and growth plans are mapped to meet the needs of our customers, providing them reliability, high performance, and robust security as they continue to move to the cloud.”

Over the past year, Oracle has opened 12 new Gen 2 Cloud regions and currently operates 16 regions globally. The company plans to add 20 more regions by the end of 2020, bringing its global footprint to 36 regions.

Eleven countries or jurisdictions will have region pairs that enable enterprise-class, multi-region, disaster-recovery strategies to support customers who want to store their data in-country or in-region.

According to a study from Global Market Insights, the global healthcare cloud computing market is expected to increase at a compound annual growth rate of 15.7 percent, reaching more than $55 billion by 2025.

Source: Global Market Insights

Increasing healthcare IT adoption is the key factor driving market growth over the forecast period. Using cloud computing, IT teams can employ web-based software and programs to access resources from the internet, the study noted.

Healthcare cloud computing offers versatility in controlling data scalability, storing large clinical datasets, and accessing electronic health records. In addition, increasing demand for cloud computing in patient billing to reduce capital expenditure related to traditional billing practices will further increase revenue, the study concluded.

Cloud News

Oracle Expands Cloud Infrastructure Business with 2,000 New Hires

Oracle, which provides cloud computing services to Adventist Health, Emblem Health, Glens Falls Hospital, and others, is expanding its cloud infrastructure business by hiring close to 2,000 employees.

Next in Cloud