More than 1,000 new employees will develop
cloud and AI solutions for global export
AUSTIN,
Texas, May 9, 2024 /PRNewswire/ -- Oracle will
expand its research and development (R&D) capabilities in
Morocco by growing its local
workforce to 1,000 information technology (IT) professionals. This
investment will accelerate the development of Oracle's cutting-edge
technologies that help solve customer challenges worldwide.
Today, Ms. Ghita Mezzour,
Minister in charge of Digital Transition and Administration Reform
of the Government of Morocco,
signed an agreement with Safra Catz,
CEO of Oracle, to formalize the partnership and commitment to
innovation in Morocco. The
ceremony was attended by Mr. Mohcine
Jazouli, Minister in charge of Investment, Convergence
and Evaluation of Public Policies, and Mr. Ali Seddiki, General Director 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 technical breakthroughs, enhancing cybersecurity, and
delivering impactful new AI capabilities," said Safra Catz, CEO of Oracle. "By expanding our
R&D presence in Morocco, we
can further tap its deep talent pool to accelerate development of
solutions that help our global customers grow their businesses and
win in their industries."
"This ambitious project falls within the strategic and
comprehensive Royal Vision of His Majesty King Mohammed VI who called on encouraging Moroccan
youth innovation and creativity," said Ms. Ghita Mezzour, Minister in charge of Digital
Transition and Administration Reform of the Government of
Morocco. "At this cutting-edge
center, young Moroccans will be 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 on a global scale,
thus strengthening Morocco's
positioning as a regional digital hub."
Oracle's expansion follows the opening of its Morocco
Development Center facility at Casanearshore Park in Casablanca, where researchers use Oracle's
cloud, AI, and machine learning technologies to tackle the most
pressing challenges facing business, science, and the public
sector. An estimated 40 percent of the new positions will be
located outside the regions of greater Casablanca and Rabat-Salé-Kenitra to offer
opportunities across the country including new Oracle offices in
Agadir this year and Northern
Morocco in the next two years.
About Oracle
Oracle offers integrated suites of
applications plus secure, autonomous infrastructure in the Oracle
Cloud. For more information about Oracle (NYSE: ORCL), please visit
us at www.oracle.com.
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registered trademarks of Oracle Corporation. NetSuite was the first
cloud company—ushering in the new era of cloud computing.
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SOURCE Oracle