Global technology major Oracle is betting big on India. It announced the launch of cloud services from its India data centre. The move is aimed at helping Oracle’s existing and new customers, including those operating in sectors that are bound by the country’s regulatory environment to store data within the country’s borders such as the public sector undertakings or banking and telecom companies to take advantage of Oracle’s full stack of offerings.
It formally opened up its Oracle Cloud Applications through its “Gen 2” Cloud region in Mumbai, which became operational in December.
Oracle cloud applications are on a growth path in India. Over the past four years the business has been experiencing double digit growth. Arun Khehar, Senior VP Business Applications ECEMEA, Oracle says: “Our SaaS growth in India has been strong and I see it multiplying manifold in the next few years. Oracle Cloud Applications are already powering thousands of India’s largest, successful enterprises. Now with Oracle SaaS going live in the India datacenter, we open doors for India’s emerging businesses to take full advantage of Oracle Cloud Applications – to help them innovate, scale and become India’s new success stories. We believe we can have a strong partnership for success to propel India’s economy.”