Oracle opens start-up accelerator program in Israel for cloud innovationJanuary 16, 2017 - 16:25 AMT PanARMENIAN.Net - U.S. software provider Oracle Corp said on Monday, January 16 it was opening an accelerator program in Israel for startups developing cloud technologies or whose technologies are based in the cloud, Reuters said. Run by Oracle's research and development team, the program provides six months of mentoring from technical and business experts, advanced technology, access to Oracle's customers, and partners and investors. A pilot program was first launched in India and more centers will be announced soon. Oracle said this was a multi-million dollar program but did not disclose how much it would invest in each center. Oracle's startup cloud accelerator program builds on its excellence center for Israeli startups, which was established in 2003 by Oracle Israel in cooperation with the government to support the growth of early stage startups. Thirty six companies were approved to take part in the excellence center, totaling more than $150 million in estimated exits. Top stories Yerevan will host the 2024 edition of the World Congress On Information Technology (WCIT). Rustam Badasyan said due to the lack of such regulation, the state budget is deprived of VAT revenues. Krisp’s smart noise suppression tech silences ambient sounds and isolates your voice for calls. Gurgen Khachatryan claimed that the "illegalities have been taking place in 2020." Partner news Most popular in the section | Kazakhstan welcomes Yerevan, Baku’s agreement to meet in Almaty Kassym-Jomart Tokayev has welcomed the agreement of Baku and Yerevan to hold negotiations in Almaty. Armenia offers to temporarily host, preserve Gaza manuscripts The Armenian Foreign Minister has said Yerevan is ready to help preserve manuscripts from the conflict zone in Gaza. Aliyev says no need for mediators in Armenia-Azerbaijan process Azerbaijani President Ilham Aliyev believes that Baku and Yerevan do not mediators in the process of normalizing relations. Aram I supports Karekin II’s “patriotic position” Catholicos of the Great House of Cilicia Aram I has expressed support for the Mother See of Holy Etchmiadzin. |