So What is Oracle Really Doing?
So What is Oracle Really Doing?
Date: Sunday, November 24, 2002 1:05 AM
H-1B and JOB DESTRUCTION NEWSLETTER
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Here are different versions of the truth. You decide who is lying:
SJ Mercury:
`Mr. Budge was not talking about shifting of software development work,''
Business Standard:
"Oracle makes India its development hub"
India Times:
"Oracle to move software development to India"
http://www.siliconvalley.com/mld/siliconvalley/4578225.htm
Posted on Fri, Nov. 22, 2002
Oracle to move back-office operations to India
NEW DELHI, India (AP) -- The California software giant Oracle Corp. said
Friday it is shifting to India some of its back-office operations, but not
its global software development, from Sydney, Dublin and California.
The company issued a statement on the back-office operations after the
Business Standard newspaper in New Delhi reported that Oracle was moving a
large portion of its developmental work to India.
The Business Standard ``misquoted'' Oracle's regional managing director,
Keith Budge, said the company statement.
``Mr. Budge had categorically stated that Oracle plans to use its Bangalore
facility as an internal outsourcing center to provide back-office operations
support,'' the Oracle statement said. ``This would be in addition to the
three current shared services centers in California, Ireland and Sydney,
which handle back-office operations for 67 countries.''
``Mr. Budge was not talking about shifting of software development work,''
the company statement said.
http://www.business-standard.com/today/story.asp?story=2639
Oracle makes India its development hub
Savio G Pinto in Mumbai
Published : November 22, 2002
The US-based software giant, Oracle Corporation, has decided to make its
development centre in India the prime centre for its global software
developmental initiatives.
It is shifting a large portion of its developmental work from its three
other international centres to India.
The company currently has four development centres: in California, in
Sydney, in Dublin, and in Bangalore.
Oracle will not only initiate most of its new work from the Bangalore
centre, it will also move all “transferrable development work” to India from
the other three development centres.
Keith Budge, the firm’s regional managing director for South Asia, told
Business Standard: “The benefit of moving work from our other international
centres to India is not only in terms of cost but also because of the
superior quality of services we get.”
“While the initial thrust was given by the cost advantage, it is now evident
that we have in effect benefited in terms of quality as well,” Budge added.
Oracle Corporation has been on a hiring spree over the past year and has
been recruiting almost 100 employees a month at its Bangalore and Hyderabad
centres (where technical work is done) in 2002.
The company has around 2,500 employees in India. The number was slated to go
up to about 4,000 by the end of 2003, said Budge.
While the core development work is done in Bangalore, the Hyderabad centre
also provides some technical services, in addition to development work.
The company has also acquired around 8 acres of land in Hyderabad to create
a new campus with over half a million square feet of office space.
Globally, the company has an employee strength of around 41,000, which has
remained more or less constant during the past two years.
A large part of the growth in the number of employees, had, in fact, taken
place in India, said Budge.
Oracle, which has its technology park in Bangalore, also has three major
divisions: Oracle India Development Centre, a support centre and Oracle
Solutions Services India, making India the only country outside of the
company’s headquarters in the US to have three business units.
http://economictimes.indiatimes.com/cms.dll/xml/comp/articleshow?artid=29053185
The Economic Times Online
Printed from economictimes.indiatimes.com > News By Industry > Infotech
> Software
Oracle to move software development to India
AP [ FRIDAY, NOVEMBER 22, 2002 12:45:10 PM ]
NEW DELHI: The California software giant Oracle Corp. has picked India as
the main development center for its global software initiatives, a business
newspaper reported on Friday.
Oracle is moving a large portion of its developmental work from its three
developmental centers in California, Sydney and Dublin, the paper said. It
quoted Keith Budge, Oracle's regional managing director for South Asia.
``The benefit of moving work from our other international centers to India
is not only in terms of cost but also because of the superior quality of
services we get,'' the paper quoted Budge as saying.
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