Trivandrum's status as the top Tier 2 technology destination in India has once again been re-affirmed with global technology giant, Oracle Corporation, announcing the setting up of its development center in Technopark. This is possibly the first entry of a global Top 5 Software firm into a Tier 2 city.
Oracle signed the lease agreement for its start-up space at the 500,000 SF Leela building within Technopark today, and will soon be ramping up its operations in Kerala's IT hub to a global services center. Oracle's confidence in investing in Trivandrum after a year-long evaluation process which also looked at usual suspects such as Mangalore, Vizag, Coimbatore, Jaipur, Gurgaon and Ahmedabad shows the attractiveness of Trivandrum as a technology destination even on a global scale, which has also been validated by recent PwC, Morgan Stanley and McKinsey studies.
I had once mentioned that the tipping point for Trivandrum to develop to something more than just another Tier 2 technology destination would be heralded by two key events - the entry of a top global IT player and a major IT infrastructure developer. The first has now happened, and hopefully, will result in the second sooner rather than latter. The current LDF Government deserves full marks for investing in Trivandrum, through Technopark Phase III and Technocity, although they did get a bit side-tracked with other projects which have sadly (and not very surprisingly!) borne no fruit till date. It's up to the next Government to realize that focusing on Trivandrum is the one sure-fire approach to creating a globally competitive technology hub in Kerala.
The arrival of Oracle Corporation in Trivandrum is also a proud moment for TDF which was involved directly in the discussions with the senior management of the firm right from the very beginning. TDF has marked Trivandrum to many top IT firms and infrastructure developers and succeeded in putting Trivandrum firmly on their radars, but this is definitely our biggest catch till date! May it be the first of many!
Will the full marks reflect in the poll results :D ?
ReplyDeleteAs a part of Tecnopark development, the approach roads have to be developed. The Volvo buses to TPark is also a big relief
Sadly the parking facilities in TPark is very less. Dont think it can hold up much
Way to go!! Trivandrum. Infact, I would love to see the same development approach across all districts of Kerala, right up to Kasaragod. That is when this initiative will become sustainable in the long run.
ReplyDelete-iElite
Congrats Trivandrum and Thank you TDF along with all the wishers of Trivandrum for all your efforts!
ReplyDelete- Sankar
is oracle setting up their training center at trivandrum? by which month it'l start functioning?
ReplyDelete