Dell EMC Technologies, a giant of the tech industry, already has plans to keep its position in India by using the blockchain technology, local news sources affirm. According to the reports, Dell has identified that the blockchain technology, artificial intelligence (AI), cloud compliance and data analytics as a way to offer a differentiated service in the market.
It is reported that Dell has the highest overall market share of the Indian server markets, as the company as able to get 28.3 percent of the market in the first quarter of 2018, up from 19.4 percent in the previous quarter. The revenue of the company in the second quarter saw a 34 percent increase in revenue when compared to the year before.
The senior director of Infrastructure Solutions Group and Dell EMC India is Manish Gupta, which has affirmed that the clients are looking for these technologies, so it is simply natural that the company wants to optimize its services to serve them better and deliver more efficient results.
Gupta has affirmed that there is a particularly strong demand for “IT-enabled services that include banking, financial services and insurance”. He also affirmed that the government seems to be interested in the blockchain technology.
While the government of India has a negative stance on cryptocurrencies and has already banned banks from working with exchanges, there is a generally favorable disposition for the use of the blockchain technology in governmental institutions when the technology is not used for cryptos.
The Indian state of Telgana is a good example, as it has already secured some partnerships with several blockchain companies to eventually implement this new tech on governmental services.
The situation of the ban is not so positive, though, as India’s Supreme Court had its final round of hearings for petitions against the ban yesterday and the whole situation is still a lot undecided. – Bitcoin Exchange Guide