New Delhi/Bangalore, February 14 2016: Oracle CEO Safra Catz met with Indian Prime Minister Narendra Modi last week and announced three major investments that support the country’s global digital leadership. Catz unveiled a massive, state-of-the-art campus centered in Bangalore, 9 incubation centres throughout India, and an initiative to train more than half a million students each year to develop computer science skills.
“Oracle has been in India for over 25 years and during that time we’ve grown our investments tremendously,” said Catz. “In fact, India now represents our second largest employee base outside of the United States, with nearly 40,000 current employees and an additional 2,000 current job openings. We are investing over $400 million USD in Bangalore, and training half a million students each year during this expansion phase to support India’s tremendous growth. We ‘Make in India’ for the rest of the world... I’m particularly excited about the incubation centers which will house substantial software and technology capabilities, tools, and training to help launch new technology startups built utilizing Java and the Oracle platform,” said Catz.
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Spread over 2.8-million-square-feet, the cutting-edge campus will be Oracle’s largest outside of its iconic headquarters in Redwood Shores, California. Expected to be the epicentre of its operations throughout India, more than 11,000 employees from diverse fields, including engineering, sales and marketing, global support, finance and consulting, will converge at the high-tech site.Currently, Oracle engineers in Bangalore are developing next-generation software that powers some of the world’s most successful and innovative businesses and brands. The team plays a critical role in advancing the capabilities and functionalities of Oracle Cloud. Tailored for Oracle’s growing millennial workforce, the buildings will include collaboration centers, vibrant workstations, and large spaces to foster creativity and teamwork. In addition, employees can take advantage of entertainment lounges, gyms, a basketball court, open green spaces, and an array of cafes and eateries. The design will focus on reducing Oracle’s carbon footprint and reinforce the company’s commitment to the environment.
To contribute to India’s “Start-up India” and “Make in India” initiatives, Oracle is opening nine incubation centers throughout the country. These centers will support entrepreneurship and development of innovative start-ups by providing software, tools, and training to new software and technology companies utilizing Java and the Oracle platform. These centers will be located in Bengalore, Chennai, Gurgaon, Hyderabad, Mumbai, Noida, Pune, Trivandrum and Vijayawada.
In support of the prime minister’s “Digital India” and “Skill India” programs, Oracle Academy plans to engage with local schools and universities to train more than half a million students throughout India in computer science each year.
Oracle Academy currently partners with more than 1,700 educational institutions in India, to advance computer science education and drive knowledge, innovation, skills development, and diversity in technology fields. Through these collaborations, more than 3,000 India-based teachers were trained in Java and database last year alone. With today’s announcement, Oracle Academy aims to expand its partnerships to another 1,000 institutions in India, with a goal of reaching 500,000 students annually.
Worldwide, Oracle Academy trains more than 2.6 million students in 106 countries. In the past fiscal year, the program delivered nearly US $3.3 billion in resources globally to help prepare students for life and work in today’s modern technology-driven economy.