Wednesday, July 25, 2007

Oracle forms R&D network for innovation

Enterprise software company Oracle today said it will form a research and development (R&D) network for its 19 centers across Asia Pacific and Japan to build, test and showcase technology innovations.

The new single network will link 19 development and solution centers - six Oracle Asia R&D Centers (OARDC) in India, Japan, Korea, Singapore and two in China as well as 13 solution centers in the Asia-Pacific region. These centers focus on developing effective solutions for the local markets in addition to contributing to global product development, a Oracle release said here.

"This new collaboration will enhance their Asia Pacific innovation development process as well as benefit their customers and partners in the region.

"With all sides of the globe participating in contributing to technology solutions, our customers will gain access to some of the most cutting edge IT projects in the world. Customers and partners will also be able to collaborate with Oracle's vast R&D network to apply new thinking in the way software can be used to stimulate global growth and innovation in any industry or country", he added.

The OARDC would focus on product development, solution development, strategic projects and partner enablement.

The Asia Pacific and Japan R&D network is also linked into the global Oracle development centers worldwide. Oracle recently reported an investment of 2.2 billion dollar on global research and development during 2007, a 17 per cent increase from the previous fiscal.

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