After pumping in more than $2 billion since 2001, Oracle, the global software giant allocates additional investment in India. Surprisingly, for Oracle the domestic market of India seems making a good sense also as the country stands in the fourth place in terms of revenue from the Asia Pacific region.
Oracle started its journey in India in 1987. Fifteen year hence its Bangalore and Hyderabad global development center contributes to core software development across the entire Oracle product ranges. Oracle in its global development outsourcing centers creates software solutions for sectors like banking, finance (offers Indian financial company I-Flex Solutions $531 million to attain a stake of 55.1%), telecom, manufacturing etc.
Via [The Hindu]
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