Oracle has announced plans to invest US$ 5 billion over the next five years to expand Oracle Cloud Infrastructure’s (OCI) footprint in the UK. With this, Oracle aims to help public and private sector organisations in industries such as healthcare, financial services, defence, retail, and manufacturing migrate any type of workload to the cloud, modernise their applications, and innovate with AI.
In a press release, Oracle said that this expansion “will enable more organisations in the UK to leverage Oracle’s comprehensive AI and cloud computing services, including sovereign AI, industry-leading multicloud capabilities, and state-of-the-art generative AI innovations.”
Siobhan Wilson, senior vice president and country leader, Oracle UK said, “Our cloud investment will help ensure that customers can use AI to achieve new levels of productivity, unlock growth, and benefit from superior performance and security, all with improved cost savings.”
Secretary of State for Science, Innovation and Technology, The Rt Hon Peter Kyle MP, said, “By working with global tech leaders like Oracle, we’re cementing the UK’s position at the forefront of the AI revolution, creating high-skilled jobs, fueling innovation, and securing our place as a world-leading tech powerhouse.”
Oracle recently introduced 50+ AI agents within the Oracle Fusion Cloud Applications Suite to help customers successfully execute frequent, repetitive tasks across finance, supply chain, HR, sales, marketing, and service and allow employees and managers to focus their time on more strategic tasks and initiatives. With the investment of U.S. $5 billion, Oracle will be able to help more organisations across the UK take advantage of the latest AI innovations such as AI agents.