Oracle ready for India expansion: CEO Hurd

27-10-2015 Tue 10:39 | Business | IANS

San Francisco, Oct 27: An overall positive mood under a business-friendly government in India has reassured software major and leading cloud services provider Oracle to expand its base in the country via its diverse portfolio of integrated cloud platforms and new-age Java. Responding to an IANS question on the second day of the Oracle's OpenWorld 2015 conference on October 26, Oracle CEO Mark Hurd said that he is committed to expanding Oracle's reach in the burgeoning cloud and software market in India. "We are seriously working on the expansion plans in India. It is really a good time for this," he told IANS, adding that Loic Le Guisquet, Oracle's president for the Europe, Middle East and Africa region and Asia Pacific, has already initiated the expansion plan. In a latest media interview, Guisquet was quoted as saying that Oracle has initiated a huge recruitment drive for cloud in India to expand its base as the demand for information technology is growing faster in India than other regions. India has always been at the forefront for Oracle and its bouquet of innovations. With new initiatives like "Digital India" now in place, the thrust is likely to get bigger. Oracle has 12 development centres in India, including facilities in many emerging cities like Vijayawada, Thiruvananthapuram, Noida and Ahmedabad. India is home to Oracle's second largest workforce of developers and engineers and accounts for its largest research and development investment outside the US.

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