IBM’s Investment In India Will Keep Growing: CEO Arvind Krishna

NEW DELHI, (IANS) – Be it Cloud or artificial intelligence (AI), IT major IBM is bullish on the innovations coming out from its research and development centers in India and the company will continue to invest more as the country aims to become a trillion-dollar digital economy by 2026, its Chairman and CEO Arvind Krishna said here on August 28.

AI adoption is steadily on the rise globally and India is well poised to lead the AI revolution and establish itself as an AI innovation garage of the world. 

“Our researchers in India are doing some of the deepest work on AI than anywhere in the world. Do we have people deploying it? Absolutely. That’s what our consulting teams and our BPO teams do. Do we have our team-building products that use AI? Pretty deep. How many people are using and deploying AI? They are in tens of thousands,” Krishna told the media during an interaction here.

He said that in IBM’s case, “we run a globally integrated enterprise so our own people can leverage the compute facilities not only in India but all over the globe”.

IBM in India reflects our global footprint,” the Indian-origin CEO emphasized.

Krishna said that the total investment in India “will keep growing”.

IBM in India has been investing in building development centers that help contribute to the innovation and growth of its software portfolio. Last year, Chris Hockings, Chief Technology Officer, IBM Security APAC, had said that the technology giant aims to train around 500,000 people in India over the next five years, equipping them with specialized skills related to cybersecurity.