HPE and NetAPP saw share in India’s external-storage market rise in Q2: IDC

Urvashi Valecha Mumbai | Updated on January 08, 2018

Hewlett Packard Enterprise (HPE) and NetApp were the players that witnessed growth in India’s external-storage systems market during the second quarter, according to International Data Corporation (IDC).

The revenue market share of HPE and NetApp increased around 10 per cent and 4 per cent respectively, it said.

HPE replaced Dell to become the market leader, capturing a 32.4 per cent market share. Vikram K, Senior Director of Hybrid Cloud & Data Center, HPE India, said: “The growing adoption of our innovative storage solutions, coupled with the benefits of our all-flash offerings across the BFSI and telecom industries, has resulted in the growth of our external-storage market share in India.”

He also said HPE is witnessing growth in hyper-convergence infrastructure, and a majority of its customers from the banking, telecom and manufacturing verticals.

“The reason for the growth of NetApp lies in its overall approach,” said Ramanujan Komanduri, Director of Enterprise Business, India and SAARC Operations, NetApp. “Instead of spreading resources over multiple areas, choose the best one and invest all resources in it,” he added.

Key sectors

Sharyathi Nagesh, Senior Research Manager at IDC India, told BusinessLine that at present, the external storage market is being dominated by large deals in the banking and telecom spheres. “Any of these deals spilling over to the next quarter will impact the vendor ranking,” he added.

Banking and telecom were the key drivers in the external storage systems market. While banking has been contributing to the growth because of investments related to analytics, professional services have seen a de-growth, said Nagesh.

“The external storage segment has seen a double digit de-growth in the professional services segment in Q2 FY18 compared to the previous quarter, driven by declining investment from IT/ITeS segment,” he said.

Overall, the external storage systems market witnessed a year-on-year growth of 8.6 per cent with banking and professional service sectors contributing 29 and 20 per cent respectively.

(The writer is an intern with BusinessLine)

Published on October 22, 2017

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