Oracle goes on hiring spree to boost cloud capabilities

Oracle says it will have over 30 cloud regions by the end of 2020

Oracle is to hire 2,000 new staff in its latest bid to bolster its cloud computing services, raising its global headcount to 138,000.

The new jobs will be in the vendor's software development, cloud operations and operations businesses, and will be based in Seattle, the San Francisco Bay area, India, and in soon-to-be-announced cloud regions.

Oracle currently operates 16 regions globally, and has announced plans to add 20 more by the close of 2020.

Some of its new regions will include Japan, South Africa and the UAE.

Oracle announced a batch of job cuts earlier this year, while a reported 900 employees were let go from an R&D centre in China in June.

At an Oracle OpenWorld in San Francisco last month, Larry Ellison said the company now has 30,000 customers using its suite of cloud applications.

The public cloud service market is expected to grow 17.5 per cent this year alone to $214.2bn, according to Gartner analysts, and then swell to $331.2bn by 2022.