Kunhalikutty to open Oracle centre in Technopark

Thiruvananthapuram: Kerala Industries and IT Minister P K Kunhalikutty will inaugurate a new Oracle development centre at the Leela Infopark building in the Technopark Campus here on September 14.
Oracle, the world’s leading business software and hardware Systems Company, is the first major US IT company to set shop in Kerala, Technopark sources said.
To start Oracle’s operations, a lease agreement was signed between Oracle India and the Leela Group in the presence of then Kerala Chief Minister V S Achuthanandan in April last.
Under the lease agreement, Oracle would use 36,000 sq ft (one floor) space at the Leela Infopark for the next nine years.
The agreement also features an option for Oracle to opt for two more additional floors within a year.
Though Oracle is starting with about 100 resources, the current space could seat about 350-400 employees, the sources said.
The Bangalore-based ITC Infotech is also considering setting up a centre here and is in talks with Technopark authorities.
HCL Infosystems is also setting up shop in Technopark Phase III.
Earlier, Oracle had an informal start in Kerala in June, when they started their operations from the Park Centre in Technopark.