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The rumour has been confirmed. Oracle Corporation, the second largest information technology company in the world, will start operations in Kerala from June.

Sources confirmed to Deccan Chronicle the company will start operations from a rented facility at Technopark here in June and will move to Leela Park, in the Technopark’s campus itself, by September.

Oracle provides business software and hardware systems and has more than 3,70,000 customers representing a variety of sizes and industries in more than 145 countries around the globe. To start with, the company will impart training to a group of 50 IT professionals. It will then scale up the number of professionals to 200. Based on ground experience, the company will later decide on when and where to set up its own campus, said highly placed sources.

Former Union minister Shashi Tharoor had helped the state IT department to rope in Oracle Corporation. Mr Tharoor had offered his service to Kerala IT for presenting the state as a potential destination for the US-based Oracle Corporation. In a video conference arranged at Technopark here, Mr Tharoor presented the business potential of Kerala to Oracle Corporation senior vice-president Thomas Kurian.

The entry of an IT giant like Oracle is bound to create a spurt in the setting up of top technology companies in the region and industry sources said Oracle’s decision to set shop in Kerala would definitely prompt other top-level companies like Accenture, Google and IBM to start their operations here.

Source : Deccan Chronicle