Maharashtra Government has signed Memorandum of Understanding ( MoU) with technology giant Oracle Corp for its Smart City project. Oracle will help Maharashtra in its digital transformation and set up a Centre for Excellence there.
The MoU was signed between Oracle Global CEO Safra Catz and Maharashtra Chief Minister Devendra Fadnavis on the sidelines of the onging Oracle OpenWorld conference here on Wednesday.
According to the pact, Oracle will create a cloud-based Centre of Excellence (CoE) to help accelerate Maharashtra's 'Smart City' programme and modernise technology solutions. Catz said the project is the most expansive and biggest of its kind.
"We are thrilled to further our commitment in India by working with the Government of Maharashtra and Prime Minister Narendra Modi to help position India as a world-class design and manufacturing epicenter," Catz said.
"The Cloud Center of Excellence powered by Oracle will play a key role in improving the lives of the people of this state," she said. The company recently set up nine incubation centers in the country, a massive campus in Bengalaru and launched an annual training initiative for 500,000 students.
"By moving to the Cloud, the government has the opportunity to create a digitally empowered society and a growing knowledge economy. We look forward to making this partnership a success," she added.
According to Fadnavis,"the entire infrastructure creation for this will require investments to the tune of $1 billion".
"The cities in the state will be covered by optic fibres in less than two years' time which will enable smart transportation, parking and other citizen-related services," Fadnavis announced, adding that the state government will enable 1,200 hotspots in cities, out of which 500 will be ready by November this year
In the third list of Smart Cities announced by the government on Tuesday, 5 cities of Maharashtra has been able to find the place.
