Oracle Corp. announced on Tuesday it would hire an additional 1,000 employees in the EMEA region to support the growth of its cloud computing business. The company is looking to recruit candidates with between two to six years work experience in human resources, marketing, recruitment, finance, supply chain management and sales roles.
The California-based company recently posted record financial results with 58 percent year-over-year revenue growth in its cloud businesses. According to Bloomberg, the company sold $4.6 billion worth of cloud computing software and hardware in 2016, which is an increase of $2.9 billion from its 2015 financials.
Whilst not on the scale of the industry in US, European Cloud computing continues to be a quickly developing and fast growing industry, according to a . Organizations have sought cloud solutions to reduce expenditure, widen productivity and scale, and increase computing power in light of big data issues.
"Our cloud business is growing at incredible rates, so now is the right time to bring in a new generation of talent to our company. We are looking to hire relationship focused people who are self-motivated and smart, who thrive for business transformation for our customers and love delivering great results. Diversity is one of the cornerstones of the unique Oracle culture,” Tino Scholman, vice president of Oracle’s cloud computing for the region, said in a statement.
“We want to offer 1,000 talented individuals the opportunity to change their career for the better, to access the best possible training and development, as well as the chance to accelerate their career within the fastest growing Cloud company at the center of a generational shift to digital enablement."
Cloud-related products now account for more than 12 percent of Oracle’s total sales.
Another report, titled ‘Global Cloud Computing Market Analysis & Trends - Industry Forecast to 2025,’ forecasts the market to grow at a CAGR of around 27.5% over the next decade to reach approximately $1,250 billion by 2025. It notes that the one of the prominent trends in the market is the expansion of global players into emerging regions.
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