Banking, infra to be big focus areas in India: IBM

Image
Press Trust of India Bangalore
Last Updated : Jan 20 2013 | 9:33 PM IST

Technology giant IBM today said banking, infrastructure and public sector will be the prime focus areas for its India operations apart from telecom, which has been a key focus sector.

The largest technology services firm already has a strong presence in India's telecommunications sector with customers, including Bharti Airtel and Idea Cellular.

"We are now also focusing on several other sectors like banking for their core banking solutions and public sector including Railways and Income Tax departments and in infrastructure space, particularly in the airports and energy utility area," IBM India Managing Director Shanker Annaswamy told reporters here.

IBM has already bagged contracts from State Bank of India (for data warehousing), Indian Railways, Delhi and Hyderabad international airports among others, he said.

The company will also look at geographical expansion outside metro towns besides building its presence in a number of smaller cities, where it sees growth, he said.

IBM's operations in India include providing hardware, middleware and technology services, back-office services, consulting and research and development.

IBM India which joins other IBM offices around the world for celebrating the company's centennial on June 16 with a year-long initiative will focus on three themes: Reinventing the modern corporation-how to build a new kind of organisation and sustain it over time, Pioneering Science of Information- how to capture the opportunity of enterprise computing and Making the World Work Better-how to apply technology to transform companies, industries and societies, he said.

IBM India, as part of the centennial celebrations will align itself to a global initiative wherein tens of thousands of IBMers around the world are volunteering their time and talent throughout 2011 in support of Smarter Planet initiatives.

On June 15, IBMers, retirees and partners will participate in a range of service projects in communities around the world. In India, over 50% the employees will pledge a minimum of eight hours of voluntary service and work with over 100 NGOs.

IBM's 2015 global roadmap has a heightened focus on emerging markets, business analytics, cloud computing and Smarter Planet.

The company's priority was to expand IBM's reach to over 47 cities in India/South Asia, establishing presence in new small cities, while deepening presence in high growth cities with new branches, Shanker said.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: May 05 2011 | 8:30 PM IST

Next Story