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Oracle to Establish Four Cloud Regions in Latin America

Oracle has announced that it would establish four cloud regions in Latin America by the end of this year as part of a broader plan aimed at doubling clients.

The company will establish 40 new cloud regions across the world, four of which will be based in Brazil, Mexico, Chile, and Colombia, according to Reuters.

The news comes three months after the American technology giant announced that it would train as many as 40,000 Latin Americans in technology services under its skill development program called ONE (Oracle next education).

The training program is designed to equip students with basic skills, paving the way for them to venture into niche technology areas of programming.

ONE will last for 6 months, covering subjects such as Java, a computer programming language.

The US-based firm is increasingly teaming up with local NGOs to enroll more students, in addition to partnering with IT firms, which will hire the trained graduates.

“Our estimate is that we will have 40,000 certified students ready to work in the market, which is growing a lot,” Luiz Meisler, the company’s executive vice president for Latin America, told Reuters in a virtual interview recently.

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“I have much more market than my current capacity for delivery; my limit is set by how many people I can train, so I would project growth of at least double,” he said.

Narayan Ammachchi

News Editor for Nearshore Americas, Narayan Ammachchi is a career journalist with a decade of experience in politics and international business. He works out of his base in the Indian Silicon City of Bangalore.

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