DQ Estimates Revenue (Rs Crore)
For the year 2016 to 2017 : 15,318
For the year 2017 to 2018: 16,641
Increase of 9%
Another good year for Oracle in India. For the 3rd time in a row, India won the best perform ing region award in all of JAPAC. “That is the testimony to our growth and market momentum,” says the company.
There are a variety of signs that indicate this growth, (1) Oracle India over the year signed numerous of cloud deals. (2) It is experiencing double-digit growth in its cloud revenue, (3) It has increased the number of multi-million dollar deals, (4) Its partners are driving a good part its cloud business. So, in all FY18 has been a great year for Oracle India.
The company says that it is gearing up to become the No. 1 cloud player. The diversity of its portfolio is a big advantage and the scale the technology can offer is an attraction for business users and CIOs.
Looking at other highlights, last year, it launched Oracle Asia Pacific’s first Digital Sales hub in Bengaluru. This Digital Sales group is 100% dedicated to empowering SMBs to succeed with technology. This team comprises sales professionals who are at the frontline of a massive digital revolution that’s changing the way the world’s SMBs do business. Armed with an inquisitive mindset to truly understand the customers, and cutting-edge technology located within purpose-built digital hubs, this team is reshaping sales for a new generation of business leaders and market demands.
Over the past year, Oracle India added many net new cloud customers across large accounts and midsize firms. Some of these include: State Bank of India, Bajaj Electricals, Taj Hotels, HDFC Bank, Reliance, Apollo Hospitals, Kotak Life Insurance, Bharti Airtel, Jabong.com, Makemytrip.com, Kalpataru, Adidas, PVR Cinemas, National Stock Exchange, Indiabulls, Safexpress, Adani Ports, AU Small Finance Bank, IFFCO, Birlasoft, Valuelabs, Transport Corporation of India (TCI group), HCL Technologies, Mankind Pharma, Kovaion Consulting, Privi Organics, Reliance Commercial Finance, Genpact, Indus Towers, Polycab, Bausch & Lomb India, Dorf Ketal, Simeio Solutions, Mahindra Comviva, iTriangle, Ayuscare, and Amego and many more.
The adoption of technologies like cloud platforms and applications has contributed significantly to its digital momentum. It is turning out to be an obvious fit for rapidly emerging economies like India, as it is helping remove barriers to expensive technology, creating opportunities for new services and products while encouraging small businesses, startups, and non-profit organizations.