IBM to go in for more investments in India
By Our Corporate Bureau | 13 Aug 2002
New
Delhi: IBM says it will make substantial investments
in India with the objective of becoming the leading IT
solution provider in the country in the next couple of
years.
The company will make investments in people, facilities and technology, says IBM Corporation senior vice-president and group executive Michael Lawrie. He, however, does not disclose the amount of investments IBM will make in India. It will depend on the companys business prospects.
Lawrie urges Indian IT businesses to invest in open systems and clog into the global information network in order to participate in knowledge building. The process of integration is difficult but it is essential to have effective return on investment and cost-effectiveness.
Customers are driving demand for e-business, he adds, while explaining how different phases of e-business have been changing over the years. While in the late sixties and seventies, the mainframe era of e-business was limited to administration and back-office operations, in the early nineties it was expanded to client and server era. From 2000 onwards, it has become the main network era.
IT secretary R R Shah says Indias huge population is an asset in achieving the digital challenge. A new chapter of intellectual partnership between Indias skilled manpower and IBM should be opened up.
Latest articles
Featured articles
Hariman Sharma lets apple travel to India’s warmer climes
10 Feb 2025
Apple, which was the preserve of the cooler Himalayan region in India, is now everywhere – in the East, the West and the South - thanks to one enterprising Himachal farmer, Hariman Sharma.
The cost of neglecting water transport
03 Feb 2025
Inland water transport is widely recognised as a cheaper and environment friendly mode of transport and, as per a report prepared by RITES
Crypto Currencies Trying To Undermine Global Financial System
27 Jan 2025
US President Donald Trump, it seems, is the latest to join the frenzy for personal or corporate currency, with $TRUMP, or what they call a meme coin, giving a further boost to his crypto image.
As costs of saying final goodbyes rise UK families resort to crowdfunding to pay for funerals
By Axel Miller | 16 Jan 2025
The cost of saying a final goodbye to loved ones in the UK has reached a grim new high, leaving families grappling with unexpected financial burdens.
The life and times of Manmohan Singh, former Prime Minister of India
By Cygnus | 28 Dec 2024
On 27th December 2024 India and the world lost one of their finest statespersons in a hundred years. Manmohan Singh, born on 26th September 1932, in Gah, Punjab (now in Pakistan)
The remarkable Ratan Tata
By Kiron Kasbekar | 23 Oct 2024
One newspaper report of Ratan Tata’s passing away showed an old photo of him climbing into the cockpit of a Lockheed Martin F-16 fighter.
Lighter than air, yet very, very powerful
By Kiron Kasbekar | 03 Jan 2024
In March 2013 Chinese scientists pulled off a remarkable feat. They created the world’s lightest aerogel. Tipping the scales at a mere 0.16 milligrams per cubic centimeter – that’s a sixth of the weight of air!
COP28 explained: A closer look at COP28's climate change solutions
By Aniket Gupta | 27 Dec 2023
The 28th United Nations Climate Change Conference, also known as COP28, took place from 30th November 2023, to 13th December 2023, at Expo City in Dubai, United Arab Emirates.
What is a Ponzi scheme?
By Aniket Gupta | 06 Dec 2023
Ponzi schemes have long captivated the public imagination, drawing unsuspecting investors into a web of illusion and deception.
