Minnesota-based Stratasys, the manufacturer of 3D printers and 3D production systems for office-based rapid prototyping and direct digital manufacturing solutions, is setting up shop in India. The company inaugurated its first 3D Printing Experience Centre in Bangalore, where its range of professional 3D printers have been displayed.
Since the past ten years Stratasys has sold its products in India through its dealers, and after seeing over 60 percent year-on-year growth in the India business it decided to set up its direct presence.
“India is already one of the fastest-growing markets for us and we expect to see over 50 per cent year-on-year growth in the country for at least the next few years,” Omer Krieger, general manager, Asia Pacific and Japan, at Stratasys, told The Economic Times. Currently, Stratasys sells only its professional range of printers that cost between $10,000 and $600,000 each. Krieger said the company is also planning to bring its consumer printing brand MakerBot to India, which has products starting from $1,375.
May 8, 2015 No Comments
ContactCenterWorld reports that Avaya has introduced a new, open software-defined networking architecture that can help the India’s government deliver on its digital inclusion vision. Avaya CEO Kevin Kennedy says that FY15 will be an important year for the company’s growth in India and he expects a double-digit growth.
India is at the heart of Avaya’s innovation focus and their R&D center is located in Bangalore. It has also been the center of change for Avaya transitioning from the IT product side to the software services side.
May 6, 2015 No Comments
California-headquartered company VMWare that has already invested $120 million in an R&D facility in Bangalore, India, said that it would be hiring 500 people more to bring its total number of employees to 3,800 says Bangalorebest.com.
Pat Gelsinger, chief executive officer of VMWare said, “Today, India represents a substantial element of our global R&D operations in the U.S. and continues to play an important role in our global growth strategy.”
“The R&D team in India plays a critical role in product development in all of VMware’s strategic imperatives like software-defined data center, hybrid cloud and end-user computing,” the company said.
May 6, 2015 No Comments
Twitter, the San Francisco-based social network company, plans to set up a research and design center in Bangalore, its first such facility outside the U.S. Financial Times reports that this decision was taken to enable Twitter to accelerate its growth in emerging markets, and to tailor its service for countries such as India and Indonesia, two of its fastest-growing user markets this year, according to research group eMarketer. Twitter plans to use their recently acquired Bangalore-based ZipDial’s team as the basis for its new R&D facility.
Rishi Jaitly, Twitter’s head of India said, “It does constitute a big vote of confidence from Twitter at the global level in India. It is a big investment in India and emerging markets, and an engineering center is a big outcome [of the deal between Twitter and ZipDial].”
Valerie Wagoner, founder of ZipDial, who joined Twitter following the company’s acquisition, said, “Twitter wants engineering teams based in emerging markets because we have empathy for users in these markets. This isn’t a case of ideas from San Francisco, being built here; we are going to have full control over products.”
May 6, 2015 No Comments
At the opening of its new Development Center in Bangalore, networking solutions firm Brocade announced it will invest $ 300 million in India over the next five years for supporting its new IP innovations. MarketWatch reports that this investment reinforces Brocade’s commitment to accelerating growth in one of the world’s fastest-growing economies, and will play an important role in the development of networking innovations based on the new IP architecture. The new facility will also work closely with solution partners across India enabling the company to achieve greater penetration in industry verticals such as service providers, media, banking and finance, education, and the public sector.
Brocade CEO Lloyd Carney said, “We believe India will be an early adopter of new IP technologies, and we are very excited to be in this next phase of Brocade’s growth in India.”
According to Gartner, the Indian data center infrastructure market, comprising server, storage, and networking equipment, will reach $2.03 billion in 2015, making India the second-largest market for data center infrastructure and the second-fastest-growing market in Asia Pacific.
As part of the Digital India program the Indian Government is investing $19 billion during the period 2014 – 2018 to build State Wide Area Networks (SWANs), new data centers in each state, smart cities, and a cloud-based platform to drive connectivity for all 1.3 billion citizens.
“The India market is going through a dramatic transformation with investments in private cloud, public cloud, as well as a network refresh due to the 10 and 40 Gigabit Ethernet adoption across the enterprise, government, and other sectors,” said Edgar Dias, regional director for Brocade India.
April 16, 2015 No Comments