CLOUD and on-premise technology expert Oracle is ready to help the Philippines digitalize faster, with a second cloud region in Singapore which was announced last year and go live this year, apart from its complete Software-as-a-Service (SaaS) roster.
“We recognize both the need and the hesitation of companies to migrate to the Cloud. There is significant promise for accelerating digital transformation within the Philippines, and at Oracle have both the robust infrastructure and the resources to do it,” Chin Ying Loong, Oracle regional managing director of ASEAN and SAGE (South East Asia Growing Economies) said at an exclusive interview for Philippine media at the Oracle CloudWorld Tour 2024 in Singapore.
Chin said that for businesses in the Philippines, Oracle’s initiatives in the region translates to enhanced performance, security, and flexibility in data management.
“The Philippines has a burgeoning digital sector, and this new cloud region offers a powerful platform for businesses to scale their operations, embrace cutting-edge technologies like AI, and stay ahead of the competition,” Chin noted. He also said that AI is embedded in every level of Oracle’s infrastructure making it extremely easy and cost-efficient for companies to both migrate and to interoperate with their current systems.
Chin stressed that because of the Singapore cloud region businesses in the Philippines will benefit from reduced latency, ensuring faster and more reliable access to critical applications and data. Additionally, Oracle’s focus on security will bolster trust in cloud-based solutions, particularly in sectors like financial services where data protection is paramount.
“This security and data protection is inherent in every level of Oracle Cloud,” Chin emphasized.
A key advantage of Oracle’s expanded presence is the access it provides to advanced data and analytics tools. The Philippines, with its growing pool of data-savvy professionals, can leverage these tools to gain valuable business insights and optimize decision-making. Moreover, Oracle’s cloud solutions will empower local businesses to modernize their legacy systems and streamline operations, leading to improved efficiency and customer experiences.
Another advantage of Oracle’s improved systems and expanded regions–now totaling over 60 data centers globally–is compliance to policies governing data sovereignty. For example, in the EU where GDPR rules demand data staying in a particular territory, Oracle has the regional centers for this to happen.
When applicable, the replication critical data and applications across these locations, safeguarding operations in the event of disruptions. This enhanced resilience is vital in the SEA region prone to natural disasters.
Chin admitted that Oracle came “late in the game” for Cloud. Being an on-premise technology provider for the very longest time, it began its own journey beginning only in 2016 when it acquired cloud-native Netsuite–which was Oracle founder Larry Ellison’s early technology investments.
“Being late in the game is actually an advantage for us, because we immediately jumped into the developing the Cloud based on the many technologies we already have and learned from the mistakes of others. This allowed us quickly develop the next-generation cloud which we are implementing right now,” Chin clarified as he said that Oracle’s thrust aligns with the Philippines’ national goals of building a digital and green economy.
Oracle’s move strengthens Singapore’s position as a regional technology hub, but the benefits extend far beyond the city-state. As businesses in the Philippines embrace cloud solutions, they will drive technological advancements, create high-value jobs, and contribute to greater economic prosperity.
