Oracle Corp. has set an ambitious target, forecasting its cloud sales to reach $166 billion by 2030, as the enterprise software giant continues to accelerate its transformation into a cloud-first company. This projection underscores Oracle’s growing confidence in the scalability of its cloud infrastructure and AI-driven services.

Strong Momentum in AI and Infrastructure Demand

The company’s cloud infrastructure arm has witnessed substantial growth due to increasing demand from artificial intelligence startups and enterprises migrating workloads to the cloud. Oracle’s partnership-driven strategy — including collaborations with AI leaders and large corporations — has strengthened its position against dominant players such as Amazon Web Services (AWS), Microsoft Azure, and Google Cloud.

CEO Highlights Long-Term Vision

Oracle’s CEO Safra Catz emphasized that the company’s long-term focus is on capturing a larger share of the global cloud infrastructure market. Catz noted that Oracle’s investment in expanding data centers worldwide and optimizing its AI capabilities will be central to achieving this target. “We see enormous opportunity in AI workloads, data management, and enterprise modernization,” Catz said.

Expansion of Global Cloud Infrastructure

To support its ambitious revenue goal, Oracle plans to expand its global cloud region network significantly by 2030. The company is opening new data centers across North America, Europe, Asia, and the Middle East, aiming to provide customers with faster, more secure access to Oracle Cloud Infrastructure (OCI) services.

Competitive Landscape and Growth Strategy

Analysts suggest Oracle’s cloud business is becoming one of its fastest-growing divisions. While still trailing the “big three” cloud providers, Oracle’s hybrid approach — combining on-premises capabilities with cloud solutions — appeals to large enterprises seeking flexibility and data sovereignty. Its focus on generative AI and autonomous database solutions is expected to drive additional growth.

Investors React Positively

Following the company’s bold forecast, Oracle’s shares saw a positive uptick in trading, reflecting investor optimism about the firm’s long-term trajectory in the cloud computing market. Market watchers view this as a significant step for Oracle to reposition itself as a major AI and cloud infrastructure contender.