We have tremendous success working with the Indian government, says Raghu Raghuram, CEO of VMware
Public sector is among the fastest growing verticals in India for the cloud and virtualisation company. The National Informatics Centre, which looks after the IT infrastructure of ministries and government bodies, is its key client.
Multi-cloud infrastructure provider seeks to continue to increase its collaboration with the Indian government and defence organisations to tap into the fast-paced digitisation of public infrastructure in the country.
"In India, digital public infrastructure is one of the huge success stories," said Raghu Raghuram, CEO of VMware, on the sidelines of VMWare's flagship event, VMware Explore 2023, in Las Vegas.
Raghuram said the global company provides infrastructure to several Indian banks, defence organisations, and state agencies. Among its key clients is The National Informatics Centre, which looks after the IT infrastructure of ministries, government departments, and government bodies.
“We have had tremendous success working with the Indian government. We are widespread in the government, including defence establishments,” said the CEO of the US-headquartered firm.
He also lauded India Stack, a set of open APIs and digital public goods.
Global firms, including Amazon Web Services and Oracle, have been aggressively working on collaborating with the Indian government to offer their cloud and security services and upgrade applications.
Public sector is among the fastest growing verticals for VMware in India, along with enterprise, banking, and telecommunications.
“There is a continuous digitisation of citizen services, including education, healthcare, defence in most parts of the world. However, often times, government services are in a bigger cloud chaos, and we are helping them to centrally create a cloud for multiple data sources and services so that those services can be integrated at a rapid pace,” said Sumit Dhawan, President at VMware.
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On new investments, Raghuram said the company would continue to explore opportunities to grow its presence in India. In 2018, VMware had committed a five-year investment of about $2 billion in the country.
“…will continue to advance those kinds of initiatives on an ongoing basis. We have done tremendous amount of investment in India over the last several years. The company has over 10,000 engineers here who are building products for the globe,” said the CEO.
A significant part of VMWare's employee base is in India, which drives major functions, including R&D, product development, back- and front-office operations.
Raghuram said India is not just an R&D resource but is also a large market for its products and services.
“We have a growing and exciting business, serving big marquee cloud native customers in India, both private and public. As that grows, it’s a big area of investment for us,” he said.
Broadcom-VMware deal
UK’s competitor regulator, on Monday, had cleared US tech firm Broadcom’s $69-billion purchase of VMware, paving the way for the largest-ever tech deal. However, the deal is awaiting approval from China's antitrust regulator. The acquisition is expected to close on October 30.
Broadcom's chief executive, Hock Tan, said the firm would invest $2 billion annually into VMware, wherein $1 billion would be marked for R&D and the rest for go-to-market strategies.
VMWare Explore 2023
At VMware Explore 2023, the multi-cloud infrastructure provider partnered with chip company Nvida to introduce VMware Private AI Foundation to enable enterprises to adopt generative artificial intelligence.
The collaboration would enable enterprises that run on VMWare's cloud infrastructure to run generative AI apps, including intelligent chatbots, assistants, search, and summarisation.
According to a McKinsey report, generative AI could add up to $4.4 trillion annually to the global economy.
Edited by Swetha Kannan