Oracle has unveiled plans to invest over $1 billion in establishing a third cloud region in Madrid, Spain, marking a significant commitment to expanding its presence in the European market. This initiative is poised to address the burgeoning demand for advanced cloud and AI solutions among Spanish enterprises, including critical sectors such as finance, telecommunications, and public administration. The expansion is set to leverage Oracle's cutting-edge technologies to enhance digital resilience and facilitate regulatory compliance under frameworks like the Digital Operational Resilience Act and European Outsourcing Guidelines.
Telefonica España has been designated as the host partner for Oracle's upcoming cloud region in Madrid, underscoring a strategic collaboration aimed at fortifying Spain's digital infrastructure. This partnership not only underscores Oracle's commitment to enhancing data sovereignty and security but also positions Telefonica as a pivotal player in facilitating cloud adoption and innovation across the country.
According to Albert Triola, Oracle Spain's country leader, the investment represents a transformative opportunity for Spanish businesses to leverage Oracle Cloud's extensive suite of services, including the Autonomous Database, Container Engine for Kubernetes, and advanced AI infrastructure. These capabilities are designed to empower organizations of all sizes to modernize their IT landscapes, optimize operational efficiency, and drive innovation through data-driven insights and AI-powered applications.
Government officials and industry leaders have welcomed Oracle's ambitious expansion plans as a catalyst for economic growth and technological advancement in Spain. José Luis Escrivá, Spain's minister for digital transformation, highlighted the strategic importance of Oracle's investment in fostering AI skills development and accelerating the country's digital agenda. Miguel López-Valverde, councillor for digitalisation in the Region of Madrid, emphasized the collaborative benefits of public-private partnerships in advancing cloud infrastructure and nurturing a digital economy.
Oracle's EU Sovereign Cloud, already operational in Madrid, further reinforces its commitment to data sovereignty and regulatory compliance. This specialized cloud offering is tailored to support sensitive workloads and meets stringent EU guidelines, positioning Oracle as a trusted partner for organizations navigating complex regulatory landscapes.
The expansion of Oracle Cloud Infrastructure in Spain is expected to yield significant benefits for local enterprises, particularly in enhancing data residency compliance, improving operational resilience, and fostering innovation. Leading Spanish organizations, including Banco Sabadell and Naturgy, have expressed confidence in Oracle's cloud capabilities to support their digital transformation initiatives effectively. These endorsements underscore Oracle's role in empowering businesses to harness cloud technologies for competitive advantage and sustainable growth.
