City
Epaper

Our investment in India will keep growing: IBM CEO Arvind Krishna

By IANS | Updated: August 28, 2023 17:25 IST

New Delhi, Aug 28 Be it Cloud or artificial intelligence (AI), IT major IBM is bullish on the ...

Open in App

New Delhi, Aug 28 Be it Cloud or artificial intelligence (AI), IT major IBM is bullish on the innovations coming out from its research and development (R&D) centres in India and the company will continue to invest more as the country aims to become a trillion dollar digital economy by 2026, its Chairman and CEO Arvind Krishna said here on Monday.

AI adoption is steadily on the rise globally and India is well poised to lead the AI revolution and establish itself as an AI innovation garage of the world. The company has close to 100,000 employees in the country, with its facilities spread across the country, he said.

"Our researchers in India are doing some of the deepest work on AI than anywhere in the world. Do we have people deploying it? Absolutely. That's what our consulting teams and our BPO teams do. Do we have our teams building products that use AI? Pretty deep. How many people are using and deploying AI? They are in tens of thousands," Krishna told the media during an interaction here.

He said that in IBM’s case, "we run a globally integrated enterprise so our own people can leverage the compute facilities not only in India but all over the globe".

IBM in India reflects our global footprint,” the Indian-origin CEO emphasised.

Krishna said that the total investment in India "will keep growing".

IBM in India has been investing in building development centres that help contribute to the innovation and growth of its software portfolio. Last year, Chris Hockings, Chief Technology Officer, IBM Security APAC, had said that the technology giant aims to train around 500,000 people in India over the next five years, equipping them with specialised skills related to cybersecurity.

India is poised to be a trillion dollar digital economy and could support 60 to 65 million digitally enabled jobs by 2025-26.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: congresspitrodadelhimodideepikabjpwest-bengaldeepika-padukoneajay-devgnthakur
Open in App

Related Stories

NationalWest Bengal Fire: Blaze Broke out in Salt Lake Sector 5 Kolkata; No Casualties Reported

TechnologyDelhi Teen’s Spine Damaged Due to PUBG Addiction, Doctors Warn of Paralysis Risk

EntertainmentRaid 2 Box Office Collection Day 1: Ajay Devgn Starrer Outshines Shaitaan and Drishyam 2 With Impressive Opening; Check Latest Numbers Here

Entertainment‘You Will Never Feel Lonely If You Can Make Your Children Laugh’: SRK At WAVES Summit (Watch Video)

EntertainmentI Don’t Indulge in Overworking, Overthinking: SRK Shares Life Lessons at Waves Summit (Watch Video)

Technology Realted Stories

TechnologyIndia, Denmark sign pact to accelerate drive for clean energy

TechnologySwiggy shares hit 52-week low, fall over 43 pc this year

TechnologyLearnt a lot from Naidu's technology initiatives as Gujarat CM, says PM Modi

TechnologyProviding elderlies dignity in old age collective responsibility of nation: President Murmu

TechnologyIndia nurturing over a million entrepreneurs: Jayant Chaudhary