IBM Anticipates Double-Digit Growth For Software And Technology In India, Says Managing Director

Mar, 2023 - By SMI

IBM Anticipates Double-Digit Growth For Software And Technology In India, Says Managing Director

According to BT, Sandip Patel, the Managing Director of IBM India, stated that the Indian operations are likely to witness double-digit growth in the software and technology sectors.

International Business Machines Corporation (IBM) is expecting double-digit growth for software and technology in India, according to the company's Managing Director. The tech giant believes that the Indian market holds tremendous potential for growth and is keen on investing in the country.

IBM has been operating in India for over 25 years and has established itself as a leader in the technology industry. The company has been actively involved in India's digital transformation and has been working with businesses and the government to drive innovation and growth.

In a recent interview, Sandip Patel, Managing Director of IBM India and South Asia, expressed his optimism about the future of the Indian market. Patel highlighted the growing demand for digital solutions in India and the need for businesses to leverage technology to stay competitive.

According to Patel, IBM expects software and technology to grow at a double-digit rate in India, driven by the government's push towards digitalization and the increasing adoption of cloud-based solutions. He added that IBM is well-positioned to capitalize on this growth and is committed to supporting businesses in their digital transformation journeys.

Patel also spoke about IBM's investments in India, including the launch of its first-ever IBM Quantum System One in Asia-Pacific, which is located in Hyderabad. The Quantum System One is a powerful quantum computer that can help solve complex problems that are beyond the capabilities of traditional computers.

IBM has also been actively involved in skilling and reskilling initiatives in India, in collaboration with the government and other stakeholders. The company has been training Indian professionals in emerging technologies such as AI, blockchain, and cloud computing, to equip them with the skills needed to succeed in the digital economy.

In conclusion, IBM's Managing Director is bullish on the growth prospects of software and technology in India. The company sees tremendous potential in the Indian market and is committed to investing in the country. With its extensive experience and expertise in technology, IBM is well-positioned to help Indian businesses and the government in their digital transformation journeys.

Stratagem Market Insights

533 Airport Boulevard, Suite 400, Burlingame, CA 94010, United States


Delivery Center

403, 4th Floor, Bremen Business Center
Aundh, Pune, Maharashtra 411007
India


Contact Us

Get In Touch

In search of customized market research solution? We are here to help you. Contact us.