Oracle, one of the world’s biggest technology companies which competes with Amazon, Microsoft and Google in the cloud computing services space, said it would expand such services in India over the next six to nine months and plans to open a data centre in the country.
Over the coming months, Oracle said that it would be reviewing proposals from the Government and business partners to provide customers with the capability to build and move workloads to an India-based cloud.
“There has been so much demand for our cloud-based services that we are now seriously targeting to bringing them here to serve companies and the government,” said Thomas Kurian, president of product development, Oracle, during a keynote address at its flagship event Oracle OpenWorld.
Oracle said that its services would offer uncompromised security and performance at a significant price advantage over both existing on-premises infrastructure and competitive cloud offerings. “We are much faster and cheaper than the competition,” said Mr. Kurian who reports to Oracle co-founder and chief technology officer Larry Ellison.
Referring to data provided by one of the customers, Mr. Kurian said that they found cloud computing services of Oracle to be 20% cheaper and ten to twelve times faster than Amazon.
India stack
The company also said that Oracle Cloud Platform has been validated to develop applications using India Stack services. IndiaStack is a set of application program interface (APIs) that allows Governments, businesses, start-ups and developers to utilise a unique digital infrastructure and deliver secure presence-less, paperless, and cashless service delivery.+
With this validation, developers and partners can leverage Oracle Cloud for the customer to create and test next generation cloud applications that invoke core India Stack APIs, including Aadhaar Authentication and eKYC, eSign and DigiLocker.
The Redwood City, California-based firm which provides its services to customers in over 195 countries said that it is processing 55 billion transactions a day.
“We believe we will enable every person in the world to get access to our technology. All they need is a browser and a phone and that is our vision,” said Mr. Kurian.
