Oracle will hire 5 thousand new employees for cloud business

31 August 2017, 20:13 | Technologies
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Oracle Corporation announced plans to recruit more than 5,000 employees in the US cloud division, including engineers, consultants, sales and support personnel. According to Telecompaper, since early 2017 Oracle has hired more than 2650 employees for the cloud sales department, as well as 1.5 thousand developers of cloud software.

A month earlier, in July, Oracle announced the recruitment of 1,000 additional employees to offices in Europe, the Middle East and Africa to develop and promote cloud services, reports Bloomberg..

Cloud business is the fastest growing line of business for Oracle, and for effective work in this highly competitive market, a team of professionals.

In March-May 2017, Oracle's total revenue from cloud services increased by 58% and exceeded $ 1.

3 billion, which corresponded to 12% of the total turnover of the American software developer. For all of the last fingod that ended for the company on May 31, 2017, Oracle's cloud revenue jumped 60% to $ 4.6 billion.

At the financial results conference in June, the founder and technical director of the company, Larry Ellison, said that he expects an increase in the number of large customers who will transfer their Oracle databases and databases to the Oracle Cloud.




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