Oracle announces data centre plans for India
10 May 2017
Oracle will expand its cloud services in India over the next 6-9 months with plans for an Oracle data centre in India.
''Our customers and partners in India have trusted their businesses and mission-critical workloads to the Oracle Cloud for years,'' said Thomas Kurian, president of product development, Oracle.
''With this expansion we will be able to further support customer choice adding to capabilities already available through deployments of Oracle Cloud at Customer, as well as other Oracle Cloud data center regions in Asia Pacific.''
Over the coming months Oracle will be reviewing proposals from government and business partners to provide customers with the capability to build and move workloads to an India-based cloud. The services will offer security and performance at a significant price advantage over both existing on-premises infrastructure and competitive cloud offerings.
Oracle's expanded infrastructure footprint is a result of customer demand.
The Oracle Cloud delivers hundreds of Software as a Service (SaaS) applications and enterprise-class Platform as a Service (PaaS) and Infrastructure as a Service (IaaS) services to customers in more than 195 countries. It also processes 55 billion transactions a day.
Separately, Oracle has announced the availability of Oracle Enterprise Resource Planning (ERP) Cloud in India to help local and multinational firms prepare for the country's transformational tax reforms.
Oracle ERP Cloud delivers built-in features to facilitate compliance with new Goods and Services Tax (GST) regulations, provides native support for GST Network integration and reporting, and support for local requirements including withholding, payment processing, and statutory reporting.
''Global adoption of our leading Oracle ERP Cloud continues to accelerate,'' said Safra Catz, CEO, Oracle. ''We expect this trend to grow in India as customers can now take advantage of Oracle ERP Cloud's comprehensive tax management capabilities, fully integrated with core ERP functions, to help make better business decisions and address regulatory changes driven by the new GST.''
Oracle CEO Safra Catz announced the expanded availability of Oracle ERP Cloud during her keynote at Oracle OpenWorld in New Delhi.
The new India GST regulations will enforce simplified and uniform tax rates across all states, replacing several hundred different tax rates with five tax rate tiers that cover all goods and services. The new regulations are expected to boost economic activity and contribute substantially to Gross Domestic Product (GDP) growth via a reduction in friction in the movement of goods and services across state borders.
To help customers successfully manage this transformation, trained and certified Oracle ERP Cloud consultants from Oracle partners, including Clover Infotech, Deloitte, Filix Consulting, KPIT, KPMG, and PricewaterhouseCoopers, are currently engaged with customers.
Oracle ERP Cloud is a modern financial platform delivered through the Oracle Cloud.