Cloud Computing: Oracle Plans Massive New Austin Campus
December 23, 2015
Grazed from SiliconHills. Author: Editorial Staff.
Oracle Tuesday announced plans to build a 560,000-square-foot campus and parking development on 27 acres on the waterfront of Austin’s Lady Bird Lake. In addition, Oracle is buying an adjacent 295-unit apartment building for employees to live and “to support a work-life balance.” The campus will be focused on Oracle’s cloud expansion.
Oracle also announced plans to expand its local workforce by 50 percent during the next few years. The company declined to disclose how many employees it currently has in Austin. The Austin Chamber of Commerce reports Oracle has between 1,000 and 2,000 employees in Austin. The new jobs will be in Oracle Direct, its cloud sales organization. The company plans to hire a lot of recent university graduates and technical people early in their career…
“There are several reasons we picked Austin. It has a very vibrant technology community,” said Scott Armour, senior vice president of Oracle Direct. “It provides us the ability to acquire and retain the talent we need. I also think if you look at Austin it’s very well placed with universities in the area.”…
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