IBM to invest $1 bn in its partner ecosystem as it pushes for hybrid cloud

Enters into strategic partnership with Tech Mahindra that will create $1 bn revenue opportunity over next 3 yrs

Arvind Krishnan, Chairman and CEO IBM, reiterated that India continues to be a key region as he announced a $1 billion investment into its partner eco-system to push adoption of hybrid cloud and artificial intelligence (AI).

“IBM India is a microcosm of the IBM Corporation. With a robust ecosystem of Global System integrators (GSI’s), Independent Software Vendors (ISVs), start-ups and largest developer base –India has a significant advantage and IBM India will continue to be at the forefront, driving innovation that is made in India, for India and the world,” said Krishnan in a media interaction.

IBM also announced a