Oracle launched the pilot version of Oracle Startup Cloud Accelerator program last April in Bangalore.
Operated by members of the Oracle research and development team, the program provided six months of mentoring from technical and business experts, state-of-the-art technology, a co-working space, access to Oracle customers, partners and investors, and free Oracle Cloud credits. It also offered an ever-expanding global network of startup peers.
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 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 has democratized enterprise-grade technology to support startups with its modern cloud platform, optimized for high-performance, high I/O, and high availability, and breadth of platform services. Its full cloud stack provides startup developers with the building blocks to get started immediately and scale as they pivot, expand and change their businesses. The company offers more than 50 integrated cloud services to support companies of all sizes.
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.