Oracle's Growth Upswing

by CXOtoday Staff    Jan 11, 2006

At a recent press conference - part of its Open World mega event, Oracle unfurled expansion plans for its India operations.

With an investment of $2 billion over the past five years to support its initiatives, Oracle will increase its presence from six to fifteen cities - which include Ahmedabad, Chandigarh, Coimbatore, Indore, Jaipur, Kochi, Lucknow, Pune and Vishakapatnam over the next eight months.

“The non-metro cities in India will have an unprecedented level of choice in enterprise software, which is critical to its emerging companies. We are already working with companies in the non-metro cities, but now feel it necessary to provide them with on-the-ground support from Oracle and its partners,” said Krishna Dhawan, MD, Oracle India.

“The fast rate of development, high literacy rates and availability of IT skills in each of these cities represent an untapped reservoir of future economic wealth for India,” said Charles Phillips, President, Oracle Corporation.

One of the first software companies to set up an India Development Center (IDC) in 1994, Oracle relies on India for innovation. Today, Oracle has more than 6,000 database and middleware customers in more than 13 languages and 400 applications customers.

Oracle is also actively working with more than 28 Indian state governments on their e-governance initiatives on more than 100 live government projects Having launched the Oracle-HP eGovernance Centre of Excellence in 2003, it has now followed that up with Oracle Excellence in eGovernance awards to recognize excellence in e-governance projects.

Oracle offers a comprehensive list of products and services for companies of all sizes. SMBs constitute 80% of its 25,000 customer base in Asia Pacific.

The enterprise also sees the rural sector, SMBs, banking, automotive components, textiles, professional services and call centers as some of the key verticals of interest.