Spotlight: The new Latin American wins of Oracle Cloud

Oracle, the public cloud company with the most cloud regions in Latin America, is leveraging data, AI and demand, securing key contracts.

In the company’s last fiscal quarter, which ended in November, Oracle Cloud Infrastructure (OCI) gained regional airline group Abra, a UK-based association that brings together Colombia’s Avianca and Brazil’s Gol, as a client.

Another cloud win was Brazilian steelmaker Gerdau. In 2019, Oracle and Gerdau started a partnership for the Oracle Next Education (ONE) program to train young people in technology.

Brazilian fashion retailer and department store chain Renner was another one. Renner sought to replace on-premise environments and chose Oracle Cloud. The retailer is migrating critical back-end applications that support its supply chain to OCI’s database.

Biofy technologies, also based in Brazil, hired OCI to accelerate genetic sequencing of bacteria with AI. The company combines biotechnology and artificial intelligence to analyze genetic data and offer personalized solutions. 

With OCI, Biofy reportedly reduced the time to diagnose antibiotic resistance from five days to less than four hours. 

Other recent new cloud contracts in Latin America include Colombian contact center Asertis BPS, Brazilian retailer Americanas, paper giant Klabin, Uruguayan tech firm GoDoWorks, Chile’s Sura insurer unit, Telefónica Argentina and Mexican real estate group GFA.

Performance

Cloud and cloud infrastructure were the highlights of Oracle’s fiscal 2Q25.

While total revenue was US$14.1bn, up 9% year-on-year, cloud revenue grew 24% to US$5.9bn, with cloud infrastructure (or IaaS) up 52% to US$2.4bn.

In the Americas, Oracle's revenues amounted to US$8.9bn. The company does not provide a breakdown for Latin America.

In late November, Oracle made available its Oracle Database@Azure platform in South America, which is the integration of its database services with Microsoft's cloud, from the Brazil cloud region.

The platform runs on Oracle cloud infrastructure co-located in Azure datacenters.

The service is now available in the cloud regions of Australia, Brazil, Canada, US East, US West, France, Germany, Italy and the UK.

“We expect the cloud database revenues collectively will be the third leg of revenue growth, alongside OCI and strategic staff,” CEO Safra Catz told investors in a presentation.

Microsoft was the first among the main cloud providers with whom Oracle signed such a partnership. In 2024, the company inked similar deals with Google Cloud and AWS.

Oracle is currently live in 17 cloud regions with databases for cloud services and has another 35 planned with Azure, Google and AWS.

“We're at the very beginning of multi-cloud,” chairman and CTO Larry Ellison told the investors.

“It will be a multibillion-dollar business, and it'll be a combination of AWS and Google and Azure, plus all of these Cloud@Customer, dedicated region Cloud@Customer. We're going to have hundreds of those regions,” Ellison said.