Oracle has announced plans to make its Generation Cloud 2 platform live by 31 August with a new Sydney region.
The addition of the Sydney region follows the company’s commitment to have 19 regions live by the end of 2019, with a Melbourne region coming in early 2020.
Valery Lanovenko, vice president of technology for Australia and New Zealand at Oracle said the new generation of cloud has been designed from the ground up to support heavy workflows and to drive innovation.
“This new data centre helps us address significant customer demand for Oracle Cloud Infrastructure and Oracle Autonomous Database, and meet local regulatory requirements,” Lanovenko said.
Specifically, the Generation 2 Cloud infrastructure includes AI-based applications, machine learning integrated security, automated analytics and the Oracle Autonomous Database which is an automated database that can encrypt data, back itself up and upgrade itself.
The introduction of this new region can benefit over 4,000 existing Oracle customers across Australia and New Zealand if they decide to move to the Generation 2 Cloud.
One business that plans to make the move is Australian Finance Group (AFG), according to Matthew Faries, CIO at AFG.
“Over a number of years, AFG has relied on Oracle technology to drive innovation and a market leading experience for 3000+ brokers across Australia, who collectively support ~10,000 home loan applications each month,” said Faries.
“Recently, we have leveraged new Oracle technology to drive record growth in our own home loan business. Supporting this growth, behind the scenes is a highly engineered credit assessment and decisioning platform. It is vital that this platform is highly responsive, always available and able to adapt in an ever-changing market.
“To continue our rate of growth, we are looking to Oracle’s Generation 2 Data Centre to enable us to scale our credit operations, further automate the decision-making process and build a strong, sustainable business.”