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V. Rishi Kumar

Hyderabad , Nov. 19

ACER India, part of the $12.9-billion diversified Acer group, is bullish on the Indian market with its range of servers, particularly targeting the banking and financial services sector, e-governance applications, and small and medium sized enterprises.

Having garnered 13 per cent share this year, Acer is now seeking to consolidate its business in the server market.

The General Manager of Acer India, Mr Harish Kohli, told Business Line that after two years of relatively low technology spending that had slightly slowed down the growth of the hardware business, 2003 was promising for all vendors, particularly Acer.

"We had begun to consolidate Indian operations early in 2003 with more centres across the country to reach out solutions and support network.

Having achieved that, we now plan to target B and C class towns, which could offer a huge untapped business opportunity for growth."

For Acer, 2003 has meant rapid growth in the server market, which is particularly driven by the banking and financial services sectors.

anks in India are preparing to complete 100 per cent total branch automation.

Given recent trends in implementing core banking solutions, increasing sophistication in banking transactions through multiple delivery platforms, and a growing replacement server market, Acer is positive about the demand in the banking and financial services segment - a key server market in the country.

"We have garnered about 13 per cent share as per IDC and are currently at the third slot, and plan to further grow this to about 17-18 per cent."

The server market will be mainly driven by the commensurate growth in the e-governance applications, e-learning and the small and medium business segment, Mr Kohli said.

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