Oracle Corporation to Establish Asia-Pacific Support Operations in Melbourne

Strategic Insights -

Oracle Corporation, the world's third-largest computer software company, has announced plans to establish its Asia-Pacific support operations in Melbourne, Australia. The $150 million investment, spread over several years, will create a Support Supercentre that will cater to 27 countries. The facility will employ approximately 310 multilingual information technology graduates, who will be sourced from Victorian universities with a focus on the Asia-Pacific region.

Key Takeaways:

  • Oracle Corporation will invest $150 million in Melbourne to establish its Asia-Pacific Support Supercentre.
  • The facility will employ about 310 multilingual information technology graduates, sourced from Victorian universities with a focus on the Asia-Pacific region.
  • Oracle's senior vice-president, Asia Pacific, Mr. Derek Williams, cites the high quality of information graduates from Victorian universities and the State Government's assistance package as key factors in the company's decision.
  • The Melbourne operations will include specialist services in education and research, including an Asian language support service.
  • The company's decision follows the recent announcement by Campbell Soup Company to choose Melbourne over Hong Kong for its Asia-Pacific headquarters.
  • Oracle's worldwide workforce consists of 12,000 employees, with recorded revenues of $2 billion in 1993-94.
  • The company's products are used by several big Australian customers, including Telecom, the defence forces, government departments, and large companies such as Shell Australia.

Statistics:

  • Oracle Corporation will invest $150 million in Melbourne to establish its Asia-Pacific Support Supercentre.
  • The facility will employ approximately 310 multilingual information technology graduates.
  • Oracle has a worldwide workforce of 12,000 employees.
  • The company's recorded revenues for 1993-94 were $2 billion.
  • 27 countries will be serviced by the Melbourne Support Supercentre.

Sources:

  • The Age Newspaper, 23 March 1994.
  • Oracle Corporation Press Release, 23 March 1994.
  • Speech by Mr. Jim Gude, Minister for Industry and Employment, 23 March 1994.