California-headquartered computer technology company Oracle is looking to launch its first India data centre later this year in Mumbai.
Andrew Mendelsohn, executive vice president, Oracle Database, told IANS that the company sees huge prospects in India, which is the sixth biggest country in the world in terms of revenue for Oracle.
The data centre will be looking at Platform-as-a-Service (PaaS) and Infrastructure-as-a-Service (IaaS) workloads, and the company is also testing for Software-as-a-Service (SaaS) on the Oracle Cloud Infrastructure (OCI), along with other modalities before it is opened for the market.
Shailender Kumar, regional managing director, Oracle India said that Oracle will open additional regions in a number of countries, including India, to support its customers and fast-growing cloud business in the country.
According to Kumar, Indian customers are fast embracing and upgrading to Autonomous Database, a “self-driving” software that uses Machine Learning (ML) to enable unprecedented availability, high performance and security at a much lower cost.
India is one of the largest and fastest-growing cloud services markets in the Asia Pacific, second only to China. One of the global players, Google Cloud claims to have seen increased adoption in India’s retail and media entertainment segments. Chinese conglomerate Alibaba opened its first India data centre in January 2018.
A CII and KPMG report entitled ‘The Indian Cloud Revolution’ said that cloud technology, enabled by IT and bolstered by a sound telecommunications network, can herald innumerable solutions to enable telemedicine, set up remote classrooms, create health and skills databases of citizens, and create a new cloud-based services industry for employment generation.
Gartner projects that Indian public cloud services revenues will grow by 37.5% in 2018 to a total of $2.5 Bn, up from $1.8 Bn in 2017.
The global companies are now working to align with the government requirements which calls for keeping data generated about Indian customers within the country.