IBM registers 9.6% market share in 2007
New Delhi, Sept 29 (UNI) IBM has registered a market share of 9.6 per cent for calendar year 2007 in the Indian domestic IT services market, according to IT market research and advisory firm IDC.
''This was driven by significant, large-scale business transformation engagements, signings across consulting and application services portfolios and growth in integrated technology services, strategic outsourcing, and maintenance and technical support,'' IBM India Vice President and General Manager (Global Technology Services) Nipun Mehrotra told reporters here.
The Indian domestic IT services market has grown over five billion dollars in 2007 and this growth can be attributed to the growth in number of outsourcing contracts being signed up in the country, added IBM India Managing Partner and General Manager (Global Business Services) Sandip Patel.
Asked if the company expected any dip in orders in the current fiscal on account of the US slowdown, Mr Mehrotra said, ''we have solutions of all permutations. This can help companies even in the time of this crisis.'' IBM derives one-thirds of its revenues from the US.
The company is also betting big on the emerging markets with products being tailor-made for SMBs.
Talking
to
UNI,
Mr
Patel
said,
''with
the
US
slowdown,
we
expect
companies
to
look
for
solutions
that
will
help
in
cutting
cost
and
we
have
products
that
can
help
them.'' Asked
if
any
of
the
bankrupt
or
ailing
firms
were
its
clients
and
what
kind
of
losses
were
expected
from
such
firms,
Mr
Patel
refused
to
divulge
details
saying,
''all
these
companies
are
associated
with
IBM
in
one
way
or
other
and
it
will
be
difficult
to
say
what
is
the
impact
going
to
be
now.''
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