4 reasons India is important for Oracle

Mark Hurd, CEO, Oracle is betting big on India. Here are 4 reasons why.

1. Business friendly government: An overall positive mood under a business-friendly government in India has reassured Oracle to expand its base in the country via its diverse portfolio of integrated cloud platforms and new-age Java.According to Gartner, after the last election, the mood of the economy has changed, and the analyst firm is seeing a revival in IT spending particularly in areas of digital and Nexus of Forces that combine cloud, mobile, social and big data.

Hurd reiterated that Oracle is committed to expanding its reach in the burgeoning cloud and software market. It is penning an expansion plan for the country.

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, Hurd said.

2. Digital India initiative: With new initiatives like Digital India now in place, the thrust for new technologies and cloud will get bigger.Oracle has 12 development centres in India, including facilities in Vijayawada, Thiruvananthapuram, Noida and Ahmedabad.

3. Burgeoning developer community: India is home to more than 700,000 members of Oracle’s online and developer community.“Currently, we want to win the space in Software-As-A-Service (SaaS) and Platform-As-A-Service (PaaS) and then the entire focus will shift to Infrastructure-As-A-Service (IaaS) platform,” Hurd said.

Among the leading trends that are common across the India software market include Software as a service (SaaS) adoption and development and Open-source software (OSS) adoption and its broader market implications, the report added.

By 2025, 80 percent of production apps in the world will be in the cloud and by the same time, all enterprise data will also be stored in cloud, Hurd noted.

4. Demand for software: Among the BRICS (Brazil, Russia, India, China and South Africa) nations, the India software market experienced the highest growth rate in 2014.“Government plans around Digital India, smart cities and increased focus on broadband Internet infrastructure is expected to drive local consumption of IT software and associated services,” as per a Gartner report. This will further propel demand for software and related services, the company believes.  Oracle India has 33,000 employees with over 7,000 customers across technology and applications and over 1,000 partners.