India centers resource hubs for Oracle's nextgen products

By siliconindia   |   Wednesday, 10 October 2007, 19:30 IST
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Hyderabad: $18-billion enterprise software maker Oracle Corporation's India development centers located at Hyderabad and Bangalore, have become resource hubs for innovation and next generation of products. The company currently employs over 22,000 people in India, which includes those of i-Flex Corporation, constitute close to 30 percent of Oracle's global workforce. It has invested about $2 billion during 2000-2006 in India and continues to expand. According to Murali Subramanian, Group Vice-President, Oracle India, the company has grown significantly through a series of acquisitions and has customers across the enterprise segment. He said that Oracle's focus is summarized in the punch line 'applications unlimited' that represents the company's support to all the products it has developed internally and through acquisitions for lifetime. Vijay Anand, Vice-President of Server Technologies, Oracle India, based at Bangalore centre, said that the company is helping enterprises transition to what the industry refers to Enterprise 2.0. This is a situation where the existing infrastructure would be able to work seamlessly with new generation software. This would be possible through products such as WebCenter and next generation Fusion software that integrates various technology assets in the company. "The Indian retail market is at an inflection point and there is immense scope to tap into this market estimated at about $300 billion," says Jay Bhow, Vice President, Retail development, Oracle India. Oracle India is in the process of developing Starter Edition of retail software that is useful for small sized enterprises. This is likely to be launched next year and complements the existing family of retail solutions.