Even as its peers stare at uncertain times on disruptive
technological changes, sagging growth and rise of protectionism, global major
IBM today hinted that it is keen to continue investing in various aspects.
“Every decade comes with looming threats and fantastic
opportunities. The only thing that is different today is that all the shifts
are happening together and faster. When you miss a shift, you miss an
opportunity. What is different about us is that we are possibly the only
company that has continuously invested in tech and research,” Vanitha
Narayanan, managing director for IBM India, told reporters here.
“Even through our hardest of times, we have not stopped
that (investments)…we continue to do that,” she added.
IT companies have been forced to be more modest on a slew of
detrimental factors and it is the spends on research and development which
stand to get affected in such trying circumstances.
Narayanan listed a slew of initiatives which the company has
undertaken in India over the last two years, including targeting the
opportunity which the Government’s smart cities initiative will be delivering.
She said the US-headquartered company looks at India both as
a market for its products and also a talent pool for doing cutting edge work
for global clientele.
Without giving details on its strength in the country, she
said it is one of the oldest global players to have a presence here and has
software labs, cloud centres and process centres among other aspects in the
She claimed that IBM is a leader in undertaking digital
transformation projects in the country.
The company is also working with the startup ecosystem, by
holding dedicated camps on a sectoral basis, including fintech, health tech,
smart cities and deep tech, she said.
Such camps help both the startups which can get mentoring
from the large corporations and also the established companies who are wanting
to be as agile as a startup in its operations, she added.
The company launched a 11,500-sq ft centre in a suburb of
the financial capital to help clients, especially those from the banking and financial
services, with digital transformation.