Orace has announced yesterday that it is setting up a data center in India to facilitate cloud computing. The set up would be complete in 6-9 months.
“Over the coming months, Oracle will be reviewing proposals from government and business partners to provide customers with the capability to build and move workloads to an India-based cloud,” Oracle said in a statement.
The CEO of Oracle, Safra Catz is in India on a 3 day visit. Oracle said this would give them a significant price advantage. Oracle did not mention the amount it intends to invest though. Only last year, it announced an investment of USD 400 Million in its Bengaluru facility which is the largest real estate investment ever.
“With this expansion, we will be able to further support customer choice adding to capabilities already available through deployments of ‘Oracle Cloud at Customer’, as well as other Oracle Cloud data centre regions in Asia Pacific,” Oracle President (Product Development) Thomas Kurian said.
The news of setting up a new data center has raised hopes of adding more jobs to the Indian economy when the future of software engineers appears to be bleak due to the visa curbs policy being implemented by Donald Trump led Government.