Oracle to set up data center in Korea

[THE INVESTOR] Oracle, the world’s largest database management software provider, is considering setting up a data center in Korea with aims to secure a firm footing in the nation’s soaring cloud service market.

“We will confirm the plan and start related investment within the year,” said Oracle Korea CEO Kim Hyung-rae.

Oracle operates 19 data centers globally, including four in Asia. It aims to build an additional three new centers, including one in Korea, next year. 

“We are looking at other cases such as those of Amazon Web Service and IBM that have recently set up their data centers in Korea,” he said.

Amazon set up a data center in Korea early this year by renting an existing facility, while IBM teamed up with SK Holdings C&C, an IT solutions unit of SK Group, to use the firm’s data center.

“Given that major conglomerates operate their own data centers in Korea, it seems more effective to use their resources,” he added.

The Korean chief also hinted at hiring an additional 100 employees specialized in cloud service.

By Lee Ji-yoon (jylee@heraldcorp.com)