Oracle to set up Technology Incubation Centre in Thiruvananthapuram

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Trivandrum: To contribute to India’s ‘Start-up India’ and ‘Make in India’ initiatives, Oracle is opening nine incubation centres throughout the country including one in Trivandrum. These centres 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.

Three major investments that support the country’s global digital leadership, including the incubation centres, were announced by Safra A Catz, CEO of Oracle Corporation, after a meeting with Prime Minister, Shri Narendra Modi last week.

The Regional Software and Technology Incubation Centres will be located in Bangalore, Chennai, Gurgaon, Hyderabad, Mumbai, Noida, Pune, Trivandrum and Vijayawada.

“Oracle has been in India for over 25 years and during that time we’ve grown our investments tremendously,” said Safra. “We are investing over $400 million USD in three major projects – a new centre in Bangalore, opening nine incubation centers, 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 centres which will house substantial software and technology capabilities, tools, and training to help launch new technology startups built utilizing Java and the Oracle platform,” she added.

Up until now, Oracle has been involved with the Indian government for implementing large public sector and government programmes under the Digital India initiative. India has Oracle’s second largest employee base with nearly 40,000 employees after the US. The company is looking to hire 2,000 more people.

Oracle has been present in Kerala since 2011 when they started a Development Centre at the Technopark in Trivandrum.

Kerala IT News

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