ORACLE IS PROVIDING $1.4bn (around £1.1bn) in direct, and what it calls ‘in-kind' support for European computer sciences and skills.
The cash is part of an $3.3bn kitty that applies worldwide and is designed to support digital literacy, something that we are often told is lacking.
Oracle has announced the money as the European Commission and DIGITALEUROPE launched its Digital Skills and Jobs Coalition which has very similar aims and intentions. We should, therefore, chalk this day up as Skills Thursday because of all that Black Friday stuff. This is certainly more of a good thing.
"Digitally skilled professionals are critical to Europe's competitiveness and capacity for innovation," said John Higgins, director general, at DIGITALEUROPE in celebration.
The outfit is a group of concerned parties including Amazon and Apple, Google, Sharp, Brother, Samsung, Nokia, Microsoft, and, yup, you guessed it, Oracle.
"Over the last ten years, we've seen the demand for workers with computer science and coding skills grow by four percent each year. Oracle's efforts to bring computer science into classrooms across the European Union will help strengthen our digital economy," Higgins added.
Oracle is applying the teach a man a fish thing to skills here and says that it will train 1,000 fresh European people so that they are competent to teach CS, Java and Database. It expects to unleash these into an added 1,000 educational institutions, dubbed Oracle Academies, over a three year period. To us, it sounds like some of these might be a dude in a shed operation, but that's cool.
"At Oracle, we are thrilled to inspire and engage students from all different parts of the world in computer science," said Alison Derbenwick Miller, Oracle Academy vice president.
"Earlier this year, Oracle made significant commitments to the White House's CS for All and Let Girls Learn initiatives. Today's announcement continues our momentum to advance digital education and increase diversity in technology fields globally." µ
So that's why she's smiling…
How many Zuckbucks to the pound?
Alexa, is this exploitation?