Today we’re going to talk about one of the world’s largest software companies that is currently playing in the cloud technology and enterprise IT space.

Drumrolls, and bingo if you’ve guessed Oracle. Founded in 1977, Oracle provides organisations around the world with computing infrastructure and software, to help them innovate, unlock efficiencies and become more effective.

These include enterprise resource planning software, human capital management software and customer management software that companies use to streamline mundane operations like financial reporting, payrolls processing, or to better analyse customer needs.

Serving some 430,000 customers in 175 countries across industries, the firm generated US$50 billion in revenue in FY 2023. But what is the role of APAC in the bigger scheme of things?

On that note, Oracle had in April announced a plan to open a second cloud region in Singapore to meet the growing demand for its cloud services. What does it mean by a cloud region and how does it position the firm for future growth?

Meanwhile, the firm also signed a multi-year partnership with Microsoft to provide computing infrastructure that supports the explosive growth of the AI-enabled Bing conversational search. What is the rationale behind this partnership between the frenemies, and how will AI reshape the competitive landscape in the software industry?

On Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to Chris Chelliah, Senior Vice President, Technology and Customer Strategy, Oracle JAPAC.

Download the podcast here: https://www.moneyfm893.sg/guest/chris...

For more, tune in to #TheEveningRunway with Elliott Danker, Timothy Go and Chua Tian Tian every weekday from 4pm-7pm.

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