Tech giant Dell EMC Technologies plans to invest in developing technologies like artificial intelligence, the blockchain, data analytics, and cloud-compliance, as announced on September 26th, 2018. This investment plan is with a vision to stay in the top position in India’s server market.
Manish Gupta, senior director & general manager, Infrastructure Solutions Group, Dell EMC India, reported by the Economic Times, said:
“The clients are looking to tap these technologies, which is why we are bringing in servers that allow them to optimize on traditional workloads as well as invest into new age workloads such as cloud, artificial intelligence, analytics, and blockchain.”
The clientele of Dell EMC India comprises major local IT firms, banks, financial organizations, and insurance companies. This list also comprises of the government of India which is reportedly taking interest in the blockchain applications.
Dell EMC’s servers and networking business which showed a revenue of $5.1 billion in the second quarter of 2018, believes that with this new age technology can bring in modern architecture and scalability into the current business. For this reason, the company earlier in September announced the launch of a new server called PowerEdge MX that is said to support both traditional and emerging data center workloads, including blockchain.
Ashley Gorakhpurwalla, president and general manager of Dell EMC Server and Infrastructure Systems when defining what PowerEdge MX does, had said:
“PowerEdge MX enables a modular approach to flexibly build and combine compute, storage, and networking, so organizations can transform their IT in a way that optimizes resources and offers investment protection for future generations of technological advances.”
Earlier in 2018 the Indian state of Telangana, announced that it would sign several memoranda of understanding (MoUs) with blockchain companies that would allow the state to integrate the technology across various government services. Notably, the Telangana government collaborated with Tech Mahindra, an Indian multinational provider of information technology, to launch India’s first ‘Blockchain District’.
It was reported earlier by the Economic Times that the company’s Bengaluru, India design center had operated on a set of design and implementation aspects of the 14th generation of PowerEdge servers that was launched in July 2017. This involves designing algorithms on power management, power distribution, and the power rationing that should be happening inside the subsystems.
One of Dell’s subsidiaries, VMware, has been working on Project Concord, an open-source blockchain infrastructure intended to be both scalable and energy efficient. This was announced in August and the project aims to give a base for blockchain implementations which in turn can solve some scaling issues in cloud computing and virtualization industry.
While the country’s IT companies and government bodies are open to blockchain, the country’s Supreme Court is currently in the middle of judging the Reserve Bank of India’s controversial circular that was issued to the banks in the country to stop offering banking services to cryptocurrency-related entities, this circular was issued in April. The final hearing from the Supreme Court is yet to deliver with the final date for hearing the arguments being postponed since July 20th, 2018.