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Oracle’s recruitment campaign achieves 80% of target
HRK News Bureau | New Delhi | Tuesday, 07 July 2015

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The Company has already hired 800 sales professionals and will hire 200 more.

Oracle has added 800 sales professionals to its workforce in just three months. In March, 2015, HR Katha had reported on the company’s plan to recruit 1,000 salespeople for its cloud computing business, of which 30 per cent were to be based out of India.

The hiring has been done across Asia Pacific markets.

The company claims that the new recruits have brought in both valuable experience as well as fresh enthusiasm. This is why it has hired people from a wide array of backgrounds and sectors. While the new entrants have come from established IT companies as well as newly-founded start-ups, Oracle has also hired professionals from different lines of business positions, from a wide variety of industry sectors, such as finance, manufacturing, telecom and utilities.

“The idea was to get people who could speak and understand the same language as the customers in those industries,” Oracle claims.

Shailender Kumar, vice-president and regional managing director, Oracle India, says, “As game-changers in the cloud space, we believe that technology as well as people are equally important in our strategy to capture cloud opportunities.”

“Keeping in line with the growing demand, our recently launched recruitment campaign has already achieved 80 per cent of our hiring target. The momentum is a clear indication of the confidence India’s talent pool has in Oracle and reiterates the potential for Oracle to become the number one cloud vendor in the world,” he adds.

In the third quarter, Oracle’s global revenue from cloud SaaS and PaaS had seen a growth of 30 per cent.

Its fiscal fourth-quarter results showed that the company overachieved in cloud, with cloud revenue already above a $2.3 billion annual run rate.

Oracle made$426 million in the new Software as a Service (SaaS) and Platform as a Service (PaaS) business this quarter—more than any cloud services company has ever sold in a single quarter.

The Indian cloud computing market is estimated to reach $1.08 billion this year. The current strength of Oracle’s team in India is around 30,000.

© 2016 HR Katha
Last modified on Tuesday, 07 July 2015

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