VMware, the player in virtualization and cloud infrastructure, today declared that it projects investment of up to $500 million in India in excess of the next three years to help fund its growing maneuvers in this market.
The company’s R&D and support operations in India are second in size and scale only to those at VMware’s headquarters in Palo Alto, Calif., U.S. In Fiscal 2013, company headcount in India grew 17 per cent to 2,300, whereas the recent acquisition of AirWatch has added additional employees in Bangalore, an announcement informed.
During a visit to Bangalore, CEO Pat Gelsinger alleged that, “India continues to play a crucial role in our global product roadmap and growth strategy. The country’s outstanding engineering talent continues to impress us, and we stay committed to investing and growing our team here over the long term.”
Gelsinger supplemented that, “The investments earmarked will also enable VMware to further strengthen its leadership position in India’s fast maturing virtualization and cloud computing market.”
A VMware-sponsored study on server virtualization in Asia Pacific – the IDC Server Economies Index – projected that server virtualization will save businesses in India approximately $3.89 billion by 2020. This figure reflects the outlays normally associated with servers, power, cooling, real estate and server administration.
VMware from its barrio has established a presence in India in 2005, and today serves nearly 3,500 customers and works with approximately 100 partners. In excess of the last nine years, VMware’s sales maneuvers have expanded across India. VMware occupies premises in Cities reading in the league as Bangalore, Pune, Ahmedabad, Kolkata, Hyderabad and Chennai, as well as Mumbai and New Delhi. Globally, VMware reported a record $5.21 billion in revenues for full-year 2013, representing a year-on-year growth of 13 percent.