India’s talent, partners central to IBM’s growth strategy, says top executive

Synopsis

“India is at the core of IBM’s growth strategy both for clients and for talent. We are clearly making things in India not just for India but for the world, and build a lot of software in India,” Tom Rosamilia, Senior Vice President – Software & Chairman, North America at IBM said.

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The US-based tech major International Business Machines (IBM) Corporation said that India is at the core of multinational’s strategy, and with local talent, it continues to build and develop software in the country for partners worldwide.

“India is at the core of IBM’s growth strategy both for clients and for talent. We are clearly making things in India not just for India but for the world, and build a lot of software in India,” Tom Rosamilia, Senior Vice President – Software & Chairman, North America at IBM said.

Rosamilia further said that the company has invested in ecosystem and partnerships and building software franchises in India, and its business strategy is positioned around localised talent and business partners across software and hardware domains.

“Lot of collaboration is going on. This (India) is the place where we have got good locations,” the top executive said.

The Indian subsidiary runs multiple labs and facilities such as in Delhi, Mumbai, Kolkata, Chennai, Bengaluru, Ahmedabad, Bhubaneshwar, Coimbatore, Gurgaon, Hyderabad, Pune, Mysuru and Kochi.

The New York-based company that operates in more than 160 countries, is one of the few multinationals which had invested heavily in India over the years. It employs more than 100,000 individuals in the country.

Rosamilia said that the company has lately transformed its software portfolio, and has done as many as 13 acquisitions including in the cybersecurity vertical.

“Red Hat acquisition is a big acquisition which helped the company to rebase software,” the top IBM executive said, adding that it’s good for the company to have software development teams in India.

In 2019, IBM acquired Red Hat in a $34-billion transaction. The development had redefined the cloud sector, and led innovation acceleration by offering a next-generation hybrid multicloud platform that allowed IBM partners to securely deploy, run and manage applications on-premise, private and multiple public clouds.

70% of the Arvind Krishna-headed company’s revenues come from software and consulting.

“We have heavily invested in AI and automation. Technology is transforming everything, and is accelerating hybrid cloud and artificial intelligence (AI) adoption,” Rosamilia said.

80% of the enterprises adopted hybrid cloud with as many as 35% companies using it in their business operations today, according to industry estimates.

“We are also interested in emerging businesses and have solutions designed for them,” the executive said while answering a query if the company only serves large enterprises.

IBM India managing director Sandip Patel said that a lot of research is being done out of India labs, and reiterated that the company’s research software labs continue to make software in India for the world.

“We continue to do research across systems business and do a lot of innovations through India research labs with a growing ecosystem of partners,” Patel said.

The American technology giant operates India Software Labs (ISL), India Research Lab (IRL), IBM Consulting, IBM Technology and IBM Systems Development Lab (ISDL) in the country.

Friday, 16 Sep, 2022

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