Dell To Venture Into Blockchain Tech In India’s Market

Dell EMC is set to venture into blockchain technologies and other emerging techs to stay relevant in the India server market.

Dell’s Adoption Of Blockchain Technologies

The tech giant, Dell EMC tech plans to adopt blockchain, Artificial Intelligence (AI), data analytics, and cloud requirement as a necessary tool for the firm to stay competitive in the tech world, as reported by Indian Times, a local news outlet in India.
So far, Dell’s server and networking business have declared revenue of $5.1 billion in the second quarter of 2018, a 31% increase from 2017. Also, Dell had the highest market share of the India server market in the first quarter of 2018 at 28.3 percent, increasing from 19.4 percent in the previous quarter.
Speaking on Dell’s recent move of tech adoption, senior director & general manager, Infrastructure Solutions Group, Dell EMC India, Manish Gupta mentioned that the firm’s clients are looking forward to engaging the technologies the firm is adopting. Gupta noted that this is the reason why the firm is introducing servers that aids optimization on the traditional workloads as well as invest in new age workloads such as cloud, artificial intelligence, analytics, and the blockchain.
Gupta further noted that the demand for the technology is coming from IT-enabled services, banking, financial services, and insurance (BFSI) sector and government involved in using the modern technologies. The introduction of Dell’s new servers PowerEdge MX will attend to the introduction of the modern architectures as stated by Gupta.
Meanwhile, the top five Indian IT firm is reaping revenue from the fast growth of digital technology based services while the traditional programming based services revenue is dwindling despite being the core of the system presently.

Global Blockchain Adoption

Blockchain technology had seen a vast growth since its introduction a decade ago. The technology has proved to be beneficial through transforming every facet of the human society.
The technology has been of importance to the academic, marriage, transportation, education, and many facets of the human society.
Further, the vitality of this technology has made it seen adoption by countries and tech firms who want to stay relevant in the cryptocurrency space. The technology is referred to as the future of world tech.
Dell adoption of the blockchain is an attempt to stay relevant in the tech world, which is the best choice for any tech firm at the moment.

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