MUMBAI, May 16- Despite global economic challenges, research firm Gartner predicts India’s IT infrastructure market will likely touch new heights in the coming years.
Domestic IT infrastructure market comprising servers, storage and networking equipment is forecast to grow by nine per cent from US$1.90 billion last year to US$2.92 billion by 2017, Press Trust of India (PTI) quoted the firm as saying.
“The nexus of forces – big data, cloud, social and mobility – are finding real-time business driven use which is bringing a paradigm shift in the way IT is delivering business impact and hence, changing the role of an Indian CIO,” Gartner research director Naveen Mishra said.
“India has strong growth opportunities including in IT infrastructure as
CIOs are looking at how IT can be used to optimise business operations.” Mishra said the domestic market is being driven by hardware refresh, optimisation and consolidation efforts.
“Banking, financial services and insurance, manufacturing and government are some of the sectors that will lead investment in IT infrastructure,” he added.
-BERNAMA
