After TCS, Oracle to set foot in KeralaSeptember 24th, 2010 - 4:50 pm ICT by IANS
Thiruvananthapuram, Sep 24 (IANS) It is now official — software and hardware systems company Oracle would be the next IT major to set up shop in Kerala, a top IT official said here Friday.
Speaking on the condition of anonymity, a state IT official said the decks have been cleared and Oracle is arriving to set up shop in the state capital.
“The question now is the scale of their operations — if it is going to be a big one or a medium-scale operation,” said the official.
Headquartered in Redwood Shores, California, Oracle Corporation specialises in developing and marketing enterprise software products — particularly database management systems.
As on July, they employed more than one lakh professionals across the globe.
Oracle officials held talks with officials here and the details are likely to be known after the local bodies polls are over Oct 27.
“Oracle has been confirmed and another IT major which we are expecting to get a favourable decision to set up shop here is IBM. With TCS already signing up early this month to set up their biggest training centre at the proposed Technocity campus near Technopark, IT initiative for the state is moving in the right direction,” said the official.
Last week, Chief Minister V.S. Achuthanandan handed over to TCS the government order allotting them 82 acres of land to set up their training centre which would have facilities to train 15,000 professionals.
If it was Technopark which led from the front of being the most sought-after IT destination since it began operations in the late nineties, Kochi, the commercial capital of the state, was the second destination which the state government decided to earmark for IT development by opening the Infopark IT campus.
And during the present Left government, besides expanding the IT campus at Technopark and Infopark, it also gave the green signal to set up IT Cyber Park in Kozhikode, for which work has begun.
Both the Technopark and Infopark campus have a record 40,000 professionals working in more than 200 IT companies.
The only blot in the efforts to promote IT as the major industry after tourism is the deadlock in the talks to resolve the issues between the government and Smart City Dubai, who are contracted to build the proposed Rs.1,500 crore Smart City Kochi IT project, which is hanging fire for the past three years.
- Oracle to open in Technopark Kerala Thursday - Jun 14, 2011
- Oracle sets up office in Technopark in Kerala - Apr 18, 2011
- Master plan of Kerala Technocity ready - Aug 17, 2012
- Cognizant expands its Kochi operations - Feb 07, 2012
- Cognizant, Ernst & Young to set up Kerala units - May 07, 2011
- Oracle all set to open in Technopark in June - Apr 14, 2011
- Infosys to set up second campus in Thiruvananthapuram - Apr 04, 2012
- TCS to set up training centre at Technocity - Sep 13, 2010
- Technopark creating big employment in Kerala - Mar 30, 2012
- Capgemini to set up shop in Thiruvananthapuram - Jan 06, 2012
- IBM and Oracle eye Technopark as next destination - Jul 21, 2010
- IT made giant strides in Kerala under Left rule: Achuthanandan - Jan 09, 2011
- TCS signs biggest land deal in Kerala infotech sector - Jan 05, 2011
- Global IT firm unveils facility in Kochi - Feb 28, 2011
- Entrepreneurship bug bites young Kerala professionals - Jun 03, 2011
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