Hewlett Packard Enterprise (HPE) said it is seeing higher growth in data storage business in India than its overall data centre business on the back of higher demand.
The IT services company said its storage business is growing at about 7 percent globally, whereas in India, it saw a near 10% growth as it has seen wider penetration of hybrid data storage solution (both on-premise and cloud or remote server) among Indian transparency enterprises, Som Satsangi, MD at HPE India, said. “One of the reasons is (that) the large telcos are big buyers of our server infrastructure,” said Satsangi.
HPE’s data storage business growth is based on average growth rates in four rolling quarters till the third quarter of 2018 provided by IDC. The company said it is eyeing a significant pie of the opportunities with the rollout of 5G telecom services and growth of IoT.
The company said its R&Dlabs in Bengaluru have been adding significant value globally and working on almost all development for software and infrastructure services. For instance, the majority of the backend technology work for HPE Info-Sight tool, which enables data centres to deliver hybrid cloud environment, is done in these labs. “We are taking this InfoSight (tool) to our entire server platform,” pointed out Satsangi.
HPE filed 156 patents per year on an average from India R&D labs, and 51 of them are granted.―India Finance News