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Oracle banking on Digital India opportunities as it sets out on an ambitious cloud journey

"We are supporting a number of new initiatives of the Indian government around Digital India. You will continue to see us investing and growing in more cities in India," said Thomas Kurian, president of Oracle Product Development

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USA: Oracle will continue to invest in India as part of its strategic imperatives, while it also looks to lap up opportunities from Modi govt's ambitious Digital India initiative.

"We are supporting a number of new initiatives of the Indian government around Digital India. You will continue to see us investing and growing in more cities in India," said Thomas Kurian, president of Oracle Product Development in an interactive session during the ongoing Oracle Open World in San Francisco today.

Oracle India has already started strengthening its product development capacity in India, with the opening of its 10th product development center in Ahmedabad a couple of months back.

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Oracle has been present in India for the last 25 years. It opened its first product development center in Bangalore in 1994 and then extended its footprint across different cities such as Hyderabad, Mumbai, Gurgaon, Noida, Pune, Chennai, Thiruvananthapuram and Vijayawada.

On the workforce side, Oracle has nearly 33,000 employees in India, out of which about 7,000-8,000 people are working actively in the development space.

"We have presence in ten different cities in India and it continues to be the region where we are investing heavily for growth. We have a huge development organization in India and it is also one of the places which contributes significantly to the product development and support across Oracle's different product lines- be it database, middleware, analytics, cloud and e-business suite for that matter, said Kurian.

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It is quite obvious that a significant amount of its annual R&D spends ($5 billion approx.) is consumed in its India product development centers, as it is one of the large R&D workforce base of the company.

Oracle is evaluating datacenter prospects in different locations. But the company has not disclosed further details regarding a datacenter in India yet. Two of its major rivals on the cloud- Microsoft and Amazon (AWS) have made significant advancements with their datacenter plans to serve local customers in India. Oracle has 19 datacenters globally, spread across multiple locations worldwide- 6 in North America, 7 in Europe, 3 in APAC locations.

But Oracle is all set to make significant inroads into the cloud business with a slew of new releases across IaaS, PaaS and SaaS layers. "We manage close to thousand petabytes of storage," said Kurian referring to the numbers from the month of September, 2015. If you take an average eBook for example, which is roughly 2.5 MB in size, then 10 PB would be the equivalent of about 4,000,000,000 eBooks worth of information- just to give you an idea of how large is the volume of data that the company manages in the cloud. Oracle processes 34 billion transactions on the cloud everyday. It has 35,000 tenants, with more than 30mn active users who log in to the Oracle cloud every day.

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