Asia Pacific is one of the high growth markets for Oracle globally, and India plays a significant role in this regionboth for R&D and business opportunities, reckons Sandeep Mathur, managing director, Oracle India. Oracle has been operating in India for nearly 20 years. Today, it is one of the largest MNC IT employers in the country with nearly 30,000 professionals. The India R&D workforce alone accounts for one-third of Oracles global R&D workforce outside the US. There is confidence in India and a clear plan to grow the market here, he tells Sudhir Chowdhary in a wide-ranging interview. Excerpts:
Tech majors seem to be smitten by the new buzzword these days: cloud computing. What is the ground reality in terms of actual deployment in India?
Cloud computing has moved beyond early adopter stage to mainstream in India. Companies today look at migration to cloud computing as a way to free up existing resources and work on more innovative projects. The intention is to become a better internal service provider to its business units and provide greater agility and responsiveness to business needs, offer higher quality of service in terms of latency and availability, lower costs and gain higher utilisation.
Companies from telecom, financial services & insurance and manufacturing (to some extent) sectors have been the first to adopt this technology. Cloud service inquiries are coming from departmental needsHR, sales, marketing, talent management/ succession planning, inventory, procurement etc. Increased adoption of this technology is also being driven by the proliferation of social media. Cloud applications, like what Oracle offers, can provide organisations with a range of unique social networking-related features, including the ability for employees to collaborate with one another and reach out to customers on public social sites such as Facebook or LinkedIn, to personalise end-user engagements and boost business opportunities.
Oracle today hosts and manages the worlds largest cloud, powering a combination of public and private clouds on behalf of thousands of Oracle customers and more than 5 million users. Oracle generates about $1 billion annual revenue from Web-based software solutions and more than 25 million users rely on Oracle Cloud every day.
According to a study by an IT research and advisory firm, the total market of cloud computing in India stood at $110 million at the end of 2011, and is expected to reach about $1,084 million by 2015. Some of our cloud applications customers in India include 3M, WNS, Standard Chartered