22 November 2024, Fri |
8:28 PM
Oracle is boosting its research and development (R&D) efforts in Morocco, aiming to bolster its workforce of local IT professionals to 1,000. This investment is geared towards advancing Oracle’s innovative technologies, addressing global customer needs.
In a significant move, an agreement was inked today between Ms. Ghita Mezzour, Minister overseeing Digital Transition and Administration Reform in the Moroccan Government, and Safra Catz, Oracle’s CEO, solidifying their commitment to fostering innovation in Morocco. The signing ceremony witnessed the presence of Mr. Mohcine Jazouli, Minister overseeing Investment and Policy Evaluation, and Mr. Ali Seddiki, Director General of the Moroccan Agency for Investment and Export Development (AMDIE).
Safra Catz highlighted the pivotal role played by Oracle’s R&D center in Casablanca, emphasizing its contributions to technical advancements, cybersecurity, and the development of cutting-edge AI capabilities. By expanding the R&D footprint in Morocco, Oracle aims to leverage the country’s rich talent pool to accelerate the creation of solutions that empower global businesses and industries.
Ms. Ghita Mezzour underscored the alignment of Oracle’s expansion with the strategic vision of His Majesty King Mohammed VI, emphasizing the promotion of innovation among Moroccan youth. The expanded center will focus on designing and deploying innovative solutions encompassing AI, big data, cloud computing, and cybersecurity, thus reinforcing Morocco’s stature as a digital hub in the region.
Oracle’s commitment extends beyond Casablanca, with plans to create opportunities across Morocco, including new offices in Agadir this year and Northern Morocco within the next two years. This expansion builds upon the establishment of the Morocco Development Center at Casanearshore Park in Casablanca, where Oracle researchers leverage cloud, AI, and machine learning technologies to tackle diverse challenges across business, science, and the public sector.
