IBM Invests in Indian Ecosystem

Image Credit iStockphoto/somchaisom

IBM has announced a USD 1 billion investment in its partner eco-system in India to drive the adoption of hybrid cloud and artificial intelligence.

Arvind Krishnan, chairman and chief executive of IBM, said that India continues to be a key region and a “microcosm of IBM Corporation” globally.

“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.

IBM also announced a strategic partnership with Tech Mahindra to drive further collaboration and build a USD1 billion ecosystem for each other in the next three years. This partnership will focus on technology areas like hybrid cloud, automation, 5G, cybersecurity, data, and AI.

“Tech Mahindra and IBM have been working together for years. This time around we have built a partnership roadmap with dedicated teams from both the companies working together,” said C P Gurnani, chief executive and managing director of Tech Mahindra.

Krishnan stated that IBM is focused on the two dominant forces reshaping the industry landscape - Hybrid Cloud and AI. It has made strategic investments in building an open hybrid cloud platform, based on Red Hat OpenShift, to give clients choice, flexibility, and agility to manage and modernize workloads in any environment.

“Fuelling this growth engine is IBM’s partner ecosystem to leverage collective ability to meet the needs of the businesses — a USD 1 trillion hybrid-cloud market opportunity,” Krishnan said.

“In 2021, IBM is doubling down to elevate its ecosystem through its new go-to-market model making it easier for partners to work with IBM and make the transition to a multi, hybrid cloud platform seamless for clients.

“Through this approach, IBM is looking at driving a multi-billion dollar portfolio with its ecosystem partners over the next three years.”

Image Credit: iStockphoto/somchaisom