With the government of India’s initiatives such as Digital India, e-governance and m-governance, Oracle expects an increase in demand of data services in the country, and plans to set up its own data centers to host applications and other cloud-based solutions.
“Today we have around 600 products in the cloud; about 220 of them are applications and around 240-300 are platforms in infrastructure and data offerings. They represent a huge percentage of our total customer offerings,” said Thomas Kurian, president, product development, at Oracle.
The company is also expecting to see its suite of products being in demand in the banking, financial services and insurance, telecom and manufacturing sectors too as well as in the mid-market space.
“India employs Oracle’s second largest workforce of developer and engineers, making it one of our most important product development centers across the world. The talent here and the work the teams are doing have played a very important role in helping our customers transition to the Cloud,” added Kurian.
Business Standard reports that the company is planning to set up a center in the Gujarat International Finance Tec-City (GIFT City) which is under development in the Gandhinagar district of the western state of Gujarat.
