Friday, 28 September 2018

Blockchain Technology News In India: Dell Reply On Blockchain To Capture Market

Blockchain Technology News from Dell EMC Technologies

The latest blockchain technology news has created a buzz in the IT sector revealing that tech giant Dell EMC Technologies is about to introduce ledger based products in the Indian market very soon. The company is likely to retain its market-leading position in the Indian server market which has risen significantly since 2017. In terms of figures, their business clocked returns of $5.1 billion in the second quarter of this year which is 34 percent more from the previous year.

According to the Economic Times, it is stated that Dell EMC Technologies will launch new products based that will have capabilities in the blockchain, artificial intelligence, and analytics also which comply with existing cloud systems. The company will explore the potential of these key areas in order to retain its edge in the servers and networking business.

Manish Gupta, senior director & general manager, Infrastructure Solutions Group, Dell EMC India quoted that, their clients look forward to tapping given key areas that are why Dell is introducing servers which can optimize on traditional workloads along with new technologies such as blockchain, artificial intelligence, and analytics. The blockchain technology news unveils that the demands have been coming in from industry verticals like financial services, IT-enabled services, and BFSI who are ready to explore modern and advanced technology. (Via Coin Telegraph)

Dell is already working on cloud, analytics, and artificial intelligence as a service. The blockchain is one new area that has been drawn companies attention in recent times.

Blockchain Technology Market In India

The Indian market has readily accepted and adopted blockchain technology in various domains. There are already several pilot projects siphoned off by government organizations and MNC’s as per their requirements. Tech giant companies like IBM are providing free blockchain program training to the budding engineers in order to fill in the skill gap of this new job sector.

Stay tuned to find more interesting and latest updates on blockchain technology news.

The post Blockchain Technology News In India: Dell Reply On Blockchain To Capture Market appeared first on OWLT Market.



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