We make in India for the world: Oracle CEO Safra Catz

Safra Catz, the global co-CEO of Oracle Corporation said that India is a great source of intellectual capital for the company while announcing a further expansion of the India operations.

Catz is visiting India for the first time after her elevation as the CEO, and she said that out of 1,30,000 employees of Oracle, 40,000 are stationed in India. "We have nine regional development centres and over a week or so, we will announce an expansion" said Catz.

Catz was present at the Nasscom India Leadership Forum in Mumbai. There, she said that Oracle was focusing on India because of its strong developer skill set. "Our entire product lines are done out of here, India is our front office...it is from where were we serve the world," she said. "The technology knowledge is so deep and we are making it in India for the world," she added.

Catz, who shared the position of CEO at Oracle with Mark Hurd, focused a significant part of her address on the future of the cloud technology. "Moving to the cloud is the single largest opportunity we have to face it in our careers," she said.

She said that by moving to cloud, customers would have the opportunity to acquire what they need quickly, pay for what they use, scale up quickly in case of peak demand, turn capex into opex and change their mind and do different things at the same time. "Move in the Y2K brought them here (customers) and this (cloud) should carry them into the future," she said.

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