This is part of Oracle’s global plans to operate 36 second-generation Cloud regions by the end of this year, in countries such as the United States, Canada, Australia and Japan.
The centre is expected to meet increased demand for secure cloud services from existing and new clients, Shailender Kumar, regional managing director, Oracle India told ET.
The two data centres are aimed at providing its more than 15,000 clients with business continuity and disaster recovery options.
Kumar said mission critical services, including the banking sector, worked with it to shift most their services to a work-from-home model and to deliver loan relaxations provided by the finance ministry.
"BFSI (banking, financial services, insurance) in the last three months has been one of the mission critical services (that have seen a lot of interest),” he said.
The finance minister had announced a merger of some public sector banks in September with an effective amalgamation date of April 1.
“We have been helping these banks. We are associated with Indian Bank, Canara Bank and Union Bank and are helping them with their merger strategy. Lot of technology has also gone behind to ensure the moratorium. We are also giving access to our workforce health and safety module to midsize banks," Kumar said.
The database leader is competing with the likes of Microsoft and Amazon Web Services in providing cloud services to Indian clients.
Kumar said Oracle brings offerings bundled with machine learning, integrated security or automated analytics which competitors do not provide. "That's what we cater into our enterprise market enterprises... And that’s a reason we differentiate ourselves."
Some of its customers had shifted workloads to the new data centre amid the pandemic, he added.
The telecom sector has been driving demand due to increased connectivity requirements in a work-from-home model, he said. "We have been working with all telecom companies to ensure their services to customers go uninterrupted."
In response to a question on possible layoffs at Oracle India, Kumar said, "…there is no such plan at the moment. We are hiring and are ensuring we have the right kind of talent pool whom we can train and serve customers…”
1 Comment on this Story
Sanujit Roy243 days ago
Many layoff news are coming from here and there