TechCircle, the Argentinian-Italian executive discusses HPE’s cutting-edge technology innovations in artificial intelligence (AI), data, and hybrid cloud, the importance of culture and employee engagement, what drives his energy as a CEO, the technology landscape in India, and his plans for the Indian market. Edited excerpts: Currently, the global economy is going through some uncertainty and readjustments. However, India has been at the forefront of digital transformation and is probably the fastest-growing economy in terms of gross domestic product (GDP).
IT spending tends to follow GDP curves, so I believe that IT will grow faster than GDP in the next 3-5 years. Areas like artificial intelligence (AI), cybersecurity, and data will continue to be strong. We are living in an era where data is exploding, and it needs to be stored, understood, and leveraged for value.
As data grows, the need for IT and technology also increases. Therefore, I am optimistic about technology spending in the long run. HPE India has the highest number of employees outside the US, accounting for more than 25% of the total company headcount.
India is a large and growing economy, and we are excited about the government’s efforts to modernize infrastructure. With everything being digitized, technology will continue to play a significant role. We recently opened a new campus in Bengaluru, which will host almost 11,000 people.
The R&D team in India is responsible for product development across the HPE portfolio. Over the past three years, we have received 1,873 US patents, with 366 patents filed by the R&D team in India. In 2019, HPE announced a $500 million investment plan for India over five years.
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