THIRUVANANTHAPURAM: In a fillip to the state IT sector, global IT giant Oracle is expanding its operations at Technnopark. A considerable increase in the manpower is also expected with the expansion. According to Technopark sources, Oracle has already acquired 36,000 square feet more space at Leela Infopark. Already it was operating from 80,000 square feet space in the facility. The present manpower of Oracle at Technopark in 400 and it may go up to 1000 in the near future, said the source.
Oracle commenced operations in Technopark in 2011 It was the third development centre of Oracle in the country after the one at Bangalore and another one at Hyderabad. Over the last couple of years, Oracle was looking for more space in Technopark. Now they had acquired the space which was recently vacated by another leading firm which moved on to own campus.
It is learnt that the expanded facility of Oracle would be formally opened next month. Thiuvananthapuram MP Shashi Tharoor had initiated talks with Oracle Corporation in 2010. The firm started operations from a 40,000-square feet space in 2011 and later scaled it up.
Oracle had also recently announced its plans to set up an incubator in Thiruvananthapuram. The global IT major is planning to set up nine Oracle Startup Cloud Accelerators across the country, including one in Thiruvananthapuram. Bengaluru, Mumbai, Pune, Chennai, Gurgaon, Noida, Hyderabad and Vijayawada are the other cities where Oracle planned to set up incubators.
