Dell Technologies to introduce products with Blockchain capabilities into Indian Market

In a bid to remain at the top of the Indian Tech market, Dell EMC Technologies, had completed plans to introduce products that have blockchain capabilities.

According to Economic Times India, Dell has identified blockchain, artificial intelligence (AI), data analytics, and cloud-compliance as key features it plans on adopting in order to retain its edge.

Manish Gupta, senior director and general manager at Infrastructure Solutions Group, Dell EMC India, while speaking to the local news agency, said:

“The clients that we work with are looking to tap these technologies, which is why we are bringing in servers that allows them to optimise on traditional workloads as well as invest into new age workloads such as cloud, artificial intelligence, analytics and blockchain.”

Dell had the highest overall market share of the Indian server market in Q1 2018 at 28.3 percent, up from 19.4 percent in the previous quarter.

Dell’s servers and networking business reportedly drew a revenue of $5.1 billion in Q2 2018, a 34 percent increase from the same quarter the previous year.

More so, Gupta added that demand has been strong from “IT-enabled services, banking, financial services and insurance (BFSI) sector and government.”

It will be recalled that Telangana State in India, announced it would be signing several memoranda of understanding (MoUs) with blockchain firms, that would see government agencies accept and use blockchain technologies.

Meanwhile, India’s highest judiciary is currently trying to review the Reserve Bank of India (RBI)’s contentious ban on banks’ dealings with crypto-related entities. Just yesterday, India’s Supreme Court listened to the final round of petitions on the ban, which has officially been in force since July 6.

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