Oracle Opens Israeli Tech Accelerator to Boost Cloud Innovation
- Step comes as Oracle sells more cloud-based services, programs
- Oracle building cloud startup ecosystem across globe: Kurian
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Oracle Corp. announced the opening of an Israeli start-up accelerator focused on cloud innovation as the company shifts to selling more cloud-based programs and services.
“The next five to 10 years promise innovations and growth that will drive new business ideas enabled by the cloud,” Reggie Bradford, senior vice president of product development for the Redwood City, California-based company, said in Tel Aviv. The accelerator will offer startups six months of mentoring, a co-working space, and access to Oracle’s cloud, customers, partners and investors.