VMware Projects to Pump in upto $500 mn in India
VMware, the global leader in virtualization and cloud infrastructure, will invest up to $500 mn in India over the next three years to help fund its growing operations in this market.
The company’s R& D and suppor t operations in India are second in size and scale only to those at VMware’s headquarters in Palo Alto, Calif, US. In 2013, the company’s headcount in India grew 17 percent to 2,300, while the recent acquisition of AirWatch has added additional employees in Bangalore.
“India continues to play a crucial role in our global product roadmap and growth strategy. The country’s outstanding engineering talent continues to impress us, and we stay committed to investing and growing our team here over the long term,” VMware CEO Pat Gelsinger had said earlier.
A VMware-sponsored study on server virtualization in Asia Pacific - the IDC Server Economies Index - estimated that server virtualization will save businesses in India approximately US$3.89 bn by 2020. This reflects the costs normally associated with servers, power, cooling, real estate and server administration.