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Home»Investments»Oracle expands R&D investment in Morocco
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Oracle expands R&D investment in Morocco

prosperplanetpulse.comBy prosperplanetpulse.comMay 9, 2024No Comments3 Mins Read0 Views
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Over 1,000 new employees develop cloud and AI solutions for global export

AUSTIN, Texas , May 9, 2024 /PRNewswire/ — Oracle is expanding its research and development (R&D) capabilities in Morocco by increasing its local workforce to 1,000 information technology (IT) professionals. This investment will accelerate the development of Oracle’s cutting-edge technology that helps solve challenges for customers around the world.

(PR News Photo/Oracle)

Today, Guita Mezour, Minister of Digital Transition and Administrative Reform of the Moroccan Government, signed an agreement with Safra Katz, CEO of Oracle, to formalize the partnership and commitment to innovation in Morocco. . The ceremony was attended by Mohsin Jasouri, Minister of Investment, Aggregation and Evaluation of Public Policy, and Ali Sediqi, Director General of the Moroccan Agency for Investment and Export Development (AMDIE).

“Oracle’s R&D center in Casablanca has already played a critical role in creating technological breakthroughs, strengthening cybersecurity, and delivering impactful new AI capabilities,” said Oracle’s top executive. CEO Safra Katz said. “By expanding our R&D presence in Morocco, we will be able to further tap into its rich talent pool and accelerate the development of solutions that help our customers around the world grow their businesses and win in their industries. Masu.”

“This ambitious project is part of His Majesty King Mohammed VI’s strategic and comprehensive royal vision that seeks to foster innovation and creativity among Moroccan youth,” said Moroccan Government Digital Transition and Administrative Reform. said the Minister responsible, Ms Gita Mezor. “This state-of-the-art center will put Moroccan youth at the forefront of designing and developing innovative solutions covering the latest technologies such as artificial intelligence, big data, cloud computing and cybersecurity. These solutions will be deployed globally, thus strengthening Morocco’s position as a regional digital hub.”

Oracle’s expansion follows the opening of the Moroccan Development Center facility in Casablanca’s Casania Shore Park, where researchers are leveraging Oracle’s cloud, AI, and machine learning technology to help businesses, science, and the public sector. addressing the most pressing challenges facing the world. An estimated 40 percent of the new positions will be located outside the Casablanca metropolitan area and the Rabat-Salé-Kenitra region, with opportunities available across the country, including the opening of Oracle’s new offices in Agadir this year and in northern Morocco over the next two years. is.

About Oracle
Oracle offers a unified application suite and secure, autonomous infrastructure in Oracle Cloud. For more information about Oracle (NYSE: ORCL), please visit www.oracle.com.

trademark
Oracle, Java, MySQL, and NetSuite are registered trademarks of Oracle Corporation. NetSuite was the first cloud company to usher in a new era of cloud computing.

Sision View original content to download multimedia: https://www.prnewswire.com/news-releases/oracle-increases-research-and-development-investments-in-morocco-302141686.html

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