Dell considering Blockchain option to stay relevant in Indian Server Market
Dell EMC Technologies is trying new venues to retain its top position in the Indian server market by introducing products that have blockchain capabilities.
Dell has determined blockchain, AI, data analytics and cloud compliance features to help Dell retain its dominance in the Indian Server Market. As per the Economic Times of India, Dell tops the overall market share of the Indian Server market in first quarter at 28.3 % compared to 19.4 % in last quarter of 2017.
As quoted by Manish Gupta, senior director and GM at Infrastructure Solutions Group, Dell EMC India’s quote by Economic Times India “The clients that we work with are looking to tap these technologies, which is why we are bringing in servers that allow them to optimize on traditional workloads as well as invest into new age workloads such as cloud, artificial intelligence, analytics, and blockchain.”
Dell has made revenues of $5.1 billion in the second quarter of 2018 an increase of 34% from second quarter of 2017. As per Gupta, the demand is high from “IT-enabled services, banking, financial services, and insurance (BFSI) sector and government.” The interest generated in blockchain is more in BFSI sector.
The Telangana state has declared for signing quite a few memoranda of understanding (MoUs) with blockchain firms to enforce the technology in government sectors.
Though blockchain is making inroads, the highest judiciary is reviewing the RBI’s ban on banks’ dealings with crypto-related entities. The supreme court of India listened to the last round of petitions on the ban which was in force since July 6th 2018.