Oracle's New Strategy: Launches 'Innovation And Business Drive' In India! - DetailsHome > News Shots > Business news
One of the world’s largest technology companies - Oracle has launched its second data centre in Hyderabad. The company is quickly expanding in India after its first centre that was unveiled in Mumbai last year.
This new centre is part of Oracle’s global plan to operate 36 second-generation Cloud regions by the end of 2020, especially in countries such as the United States, Canada, Australia and Japan.
According to an Economic Times report, the centre is expected to meet increased demand to secure cloud services from existing and new clients, Shailender Kumar, regional managing director said. These two data centres in India are aimed at providing more than 15,000 clients with business continuity and disaster recovery options.
While speaking to Economic Times, Kumar said "BFSI (banking, financial services, insurance) in the last three months has been one of the mission critical services (that have seen a lot of interest)."
“We have been helping these banks. We are associated with Indian Bank, Canara Bank and Union Bank and are helping them with their merger strategy. Lot of technology has also gone behind to ensure the moratorium. We are also giving access to our workforce health and safety module to midsize banks," Kumar added.
With this new Centre in India, Oracle will be competing with the likes of Microsoft and Amazon Web Services in providing cloud services to Indian clients.
Further giving his insight into the new centre in Hyderabad, Kumar asserted that Oracle brings offerings bundled with machine learning, integrated security or automated analytics which competitors do not provide.
"That's what we cater into our enterprise market enterprises... And that’s a reason we differentiate ourselves. We have been working with all telecom companies to ensure their services to customers go uninterrupted."
Finally, when he was asked about possible layoffs at Oracle India, Kumar said, "…there is no such plan at the moment. We are hiring and are ensuring we have the right kind of talent pool whom we can train and serve customers…” Also, the telecom sector has been driving demand due to increased connectivity requirements in a work-from-home model, he finally stated.
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