Financial Daily from THE HINDU group of publications Tuesday, Sep 21, 2004 |
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Info-Tech
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Storage Hitachi Data to open office in Delhi Our Bureau
New Delhi , Sept. 20 TERMING India as an "important emerging market", Hitachi Data Systems Corporation, a wholly owned subsidiary of Hitachi Ltd, said on Monday that it clocks 100 per cent growth in India annually and aims to double revenues every quarter now. "In Asia Pacific, China is the fastest growing market for us, while South Korea leads in terms of revenue contribution. However, China is catching up fast. In terms of growth rate, India is the next fastest growing market," said Mr Bruce Symes, Vice-President and General Manager, Asia, Hitachi Data Systems Pte Ltd. Stating that the company plans to double its India headcount in 12 months, he said Hitachi was in the process of opening an office in New Delhi. "We will also add people in Bangalore and Mumbai," Mr Symes said. Hitachi announced its TagmaStore Universal Storage Platform aimed at improving storage efficiency and reducing the total cost of ownership of enterprise storage. Hitachi claims that the storage platform changes the industry dynamics of data storage by powering an embedded virtualisation layer capable of managing up to 32 petabytes of internal and external storage.
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