back to top
IndiaIndia among world’s high-growing mkts; enterprise needs, innovation great fit for us:...

India among world’s high-growing mkts; enterprise needs, innovation great fit for us: Red Hat CEO

Date:

DENVER: Red Hat sees as among the 's high-growing markets, and the country's expanding enterprise base and technical innovation capabilities offer exciting prospects for the IBM-owned company, its CEO Matt Hicks has said.

Weighing in on the larger debate of AI and its impact on tech sector and salaries, Hicks told PTI that artificial intelligence, “if done well”, will trigger massive value creation and spawn new industries beyond anyone's imagination.

Red Hat – the enterprise open-source solutions company that IBM bought in 2019 for about USD 35 billion, marking its biggest acquisition ever – is working with a “great” foundation base in India and is at an exciting point where the company is amplifying capabilities with roles.

“I think India, at this point, is one of the strongest markets in the world with its fundamentals…When I look at the opportunity in India…one, it is a high-growing market and has enterprise needs, so that is a great fit for us…Also, the core technical innovation base exists in masses in India, so being able to start that and reach the entire nation through things like open source technologies, that is what really gets me excited about India,” he said.

Hicks said he is “amazed” by the ingenuity and innovation capabilities that exist in the country and added, “I think we will see a lot of that in India for the next few years”.

Red Hat, he said, is ensuring that its investments across the board serve the growth in the market.

“That said, we already have a really strong presence in engineering both from our sales or go-to-market teams as well as core support and engineering. One area for us as we see tools like AI, they tend to expand the capabilities.

Northlines
Northlines
The Northlines is an independent source on the Web for news, facts and figures relating to Jammu, Kashmir and Ladakh and its neighbourhood.

Share post:

Popular

More like this
Related

Karnataka government increases fuel prices; Citizens to bear higher costs of commuting and goods

Karnataka government led by Chief Minister Siddaramaiah of the...

Legendary Sports Commentator Harpal Singh Bedi Dies at 72.

NEW DELHI, June 15: Veteran sports journalist Harpal Singh...

Amit Shah to Conduct High-Stakes Security Review in Jammu, Kashmir

New Delhi, Jun 15: Union Home Minister Amit Shah...