Oracle India eyeing mid-sized IT firms in Pune

August 13th, 2008 - 7:35 pm ICT by IANS  

Pune, Aug 13 (IANS) Oracle India Pvt Ltd, the Indian arm of US software giant Oracle Corp, is now looking at Pune-based small and medium enterprises (SMEs) to expand its client base. “Pune now has a large presence of IT companies, BPOs and logistic enterprises. These SMEs today need products like ours to expand their business quickly, compete better in the Indian and global markets,” Oracle Direct regional manger Vinod Subramanian said.

Oracle, famous for data base management system applications and enterprise resource planning (ERP), could help these SMEs grow profitable and get better results from their IT investments, he added.

In India, Oracle already has a customer base of 4,500 mid-sized companies and has close to 40 partners, including BlueStar, Fortis, HCL and KPIT Cummins.

“Mid-sized companies need to choose smart and affordable IT solutions that are easy to buy, install and maintain,” Subramanian said.

For the Indian market, Oracle has introduced Oracle Accelerate, a program which meets the diverse IT requirements of a mid-sized company. “Accelerate solutions provide industry tailored solutions that are packaged, priced and delivered by partners and are specifically designed to be easy to own for mid-sized companies,” he added.

Over 120 Accelerate solutions are available from Oracle partners across 18 industries and 42 industry sub-segments across the world.

Recently, Oracle launched another product, EBZ Online Partnership, a programme that provides complete back-office solutions to co-operative banks in India. “With the help of EBZ Online, we can service co-operative banks, community banks, credit unions, urban and rural co-operative and agricultural banks,” Subramanian said.

Oracle has over 24,000 professionals in India and has invested $3 billion in the country over the past five years. Despite the economic slowdown, Subramanian said he was very bullish about the Indian economy.

“In fact Oracle has grown from seventh position to fourth position in India, so we are very bullish about the Indian economy,” he told IANS.

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