Since coming to India, Oracle has played a key role in shaping the information technology industry inside the country and has established a footprint unmatched by most of its multinational competitors. Today, India is Oracle’s fourth –largest market in Asia Pacific in terms of revenue, up from tenth a few years ago, and boasts the largest research and development investment outside the U.S.
Oracle continues to build a strong domestic business in India, engaging in sales and marketing of Oracle software and services including consulting, education and support of all Oracle products. With offices in Bangalore, Kolkata, Chennai, Hyderabad, Mumbai and Gurgaon and 17 growth cities, Oracle India operates in all 28 states and works with leading companies in the telecommunications, banking, insurance, manufacturing and utilities industries, in both the government and private sectors. The Oracle Database 10g supports transactions and interfaces in 13 major Indian languages including Assamese, Bengali, Gujarati, Hindi, Kannada, Malayalam, Marathi, Oriya, Punjabi, Telugu and Tamil.
Oracle currently has 6000 technology and over 600 applications customers in India, and counts some of the most important government and private organizations amongst those using Oracle software and services to reduce costs, increase productivity and innovate business operations. Oracle is also committed to the Indian market through its extensive network of more than 200 channel and alliance partners who are part of Oracle PartnerNetwork. These include companies such as iFlex., Infosys, Satyam, Sonata, Tata Consultancy Services and Wipro.
India holds great promise as a domestic market for Oracle software solutions. The mid–market segment makes up 40 percent of Oracle’s current customer base in India. Oracle expects small, local companies in the region to drive the future growth of Oracle’s business. As Indian companies seek to expand their businesses to new markets in and outside of India, they will need to invest in information technology, including databases, e–business technologies and applications that provide real business value – the core competency of Oracle.
To address this opportunity, Oracle has charted an aggressive growth plan to rapidly expand its presence in India. Known as the "Emerald India" initiative, the plan is intended to fully leverage the potential of the highly skilled Indian workforce to take advantage of new opportunities in a variety of industries. From this commitment to and investment in the Indian market, the company expects to dramatically grow its domestic business while contributing further to the burgeoning Indian economy and the advancement of the information technology industry.
Oracle’s commitment to India is reflected in its USD 2 billion investment in five years since year 2001. This includes a large investment in i–flex Solutions, the India–based global software leader in core banking solutions. Oracle owns majority stake in i–flex Solutions.
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