With the push for financial inclusion, Aadhaar and mobile communication, India has put in place a foundation for digital transformation that is now stronger than that of any other emerging country, says a top executive of Dell EMC, part of Dell Technologies.
"So you now have a way to transact money digitally, you have a way to communicate with each other digitally and you have a way to be identified digitally. This is a very, very strong foundational layer," Amit Midha, President, Asia Pacific and Japan Commercial, Dell EMC, told IANS in an interview.
"A combination of these three initiatives will continue to create positive results for the society for decades to come. I think this will yield results in many ways that we have not seen yet," Midha said, adding that many of the advanced societies also do not have such a strong digital foundation as India has.
The challenge for India, according to Midha, is to reform the education system in the right way so that it can produce the right kind of talent needed for the country’s digital future.
"What we are most excited about is India’s role as a source of innovation. At the moment, the quality of talent here is fantastic. New problems of a global nature are getting solved by the talent pool in India," he added.
In the largest technology merger in history, Dell and EMC joined forces in 2016 to become Dell Technologies that provides the essential infrastructure for organisations to build their digital future, transform IT and protect information.
In India, the company counts among its customers some of the country’s biggest organisations, including the State Bank of India.
"India is one of the top 10 countries for Dell Technologies. It is growing nicely. We expect this digitisation trend to continue and our revenue growth on the back of it to continue as well," Midha said, without disclosing the contribution of India to its overall revenue which is slated to exceed $80 billion in the current fiscal.
For the second quarter of this fiscal, Dell Technologies reported revenues of $22.9 billion, registering a robust double-digit growth of 18 per cent from the prior period.
"Our PC business and client business grew at 13 per cent. Our server and networking business grew 34 per cent. Our storage business grew 13 per cent," Midha said.
"Our double-digit growth across the board suggests that customers are investing on their digital future," he said, adding that Dell Technologies too transformed over the years to stay relevant to the businesses that it wants to help transform.
"I think our turnaround started in 2013 when we went private. We started investing more in R&D; we invested in sales and services; and we increased the speed of decision-making," he said.>