any segment, the growth tends to be steeper. India’s IT sector witnessed major developments in its early stages and the industry grew quickly at a global level.
Will it be the same in the next ten years that it has been in the past ten years? Considering that IT spending in India is already very significant, growth rate may not be so steep. But India’s big advantage lies in the fact that companies continue to look for ways to invest. Another advantage for India will be its focus on education and availability of skills in math, statistics and engineering. A lot of skills around data management or data analytics will be here, perhaps more so than other countries. Therefore I think the focus may shift a little bit from BPO that has been, and perhaps more into data analytics services representing a new trend for India.
Everybody is talking about cloud computing. But is it truly democratising the access to cutting edge technology for businesses specially those in emerging nations?
I think of cloud computing more as a business model, not so much democratisation of access. It allows cost-savings, better IT and ultimate business agility and growth. While digital information will grow 60-fold, enterprise investments in IT and staffing will grow only in single digits. The cumulative effect is driving businesses toward cloud. Most of the data in India will reside over the cloud and IT heads will be looking at comprehensive solutions to manage and make sense out of that data. It is here that EMC is well-positioned with industry leading partnerships and solutions.
How important is the India market for EMC in terms of business?
India is a strategic market for EMC. Since opening its India operations, the India region has evolved to be a critical contributor to EMC’s long-term strategy by driving global innovation and revenue growth for the APJ region.
EMC’s operations in India are also multi-dimensional— which is common to very few markets around the world. This is resonated by our continuous investments in the region. India also acts as a support centre for our business around the world. EMC’s India Centre of Excellence in Bangalore plays a key role in EMC’s Global Innovation Network that promotes exploration, discovery, and application of new technologies that will shape the information infrastructure of the future. Employees from India’s R&D operations have filed numerous patents in the domain of information infrastructure. Like any other