Singapore: Oracle had launched the pilot version of Oracle Startup Cloud Accelerator program last April in Bangalore.
The initiative, which intends to fuel cloud-enabled innovation around the globe, had attracted a diverse mix of applicants from hundreds of companies for its Bangalore program, and many participants are already climbing the success ladder.
Post its successful conclusion, Oracle is now expanding the accelerator program to Bristol, Delhi–NCR, Mumbai, Paris, Sao Paulo, Singapore, and Tel Aviv.
The programme is six-months long and includes technical mentoring, a co-working space, access to the Oracle network along with cloud credits. It is run by the company’s R&D team.
The tech behemoth believes that supporting invention and entrepreneurism among emerging companies is critical in furthering enterprise tech innovation. Thomas Kurian, Oracle’s president of product development, in a statement, says,

 

After a successful launch in Bangalore, India, we’re committed to building a supportive ecosystem for startups across the globe. Cloud is enabling incredible innovations across every aspect of business and across every industry. We want to support this next technology revolution powered by cloud. 

Oracle Senior Vice President of Product Development Reggie Bradford will lead the program expansion alongside Oracle Group Vice President of Development Sanket Atal, who had launched the pilot program in India. Bradford stated,

The next five to ten years promise innovations and growth that will drive new business ideas enabled by the cloud. Oracle understands that startups are at the heart of innovation, and through this program we aim to give startups access to extensive resources and support when they need it most.

The Oracle Startup Cloud Accelerator is open to early-stage technology and technology- enabled startups. The call for applications will open later in 2017 in each of the seven new hubs.

Oracle is pitching itself as a global enterprise-tech company that has democratised its system to support startups, but also has the infrastructure to help them grow. For example, its ‘cloud‘ is actually more than 50 individual services that can be used and applied to companies of all shapes and sizes.

“Cloud is enabling incredible innovations across every aspect of business and across every industry. We want to support this next technology revolution powered by cloud,” said Oracle President of Product Development Thomas Kurian in a statement.

Startup Cloud Accelerator is open to both early-stage technology (implying that the tech is being built without necessarily a focussed on business) and tech-enabled startups (companies that leverage existing technology for business).

The call for applications will occur later in 2017.

Source: thetechportal

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