Indian server market on an uptrend: IDC 01/09/2014

Indian server market on an uptrend: IDC
01/09/2014 14:32
According to American market research, analysis and advisory firm International Data Corporation (IDC), the year 2014 has begun on a strong note for the Indian server market as a strong mandate in the general elections which resulted in the more growth and investor friendly BJP government coming into power boosted sentiment.
The server market in India grew by 9 per cent in terms of unit shipments in the first quarter of 2014 from the previous quarter, IDC said.
The robust growth in the server market is driven by growth in server unit shipments in Banking and Government Sector.
“Server market in Non-x86 segment saw a sharp decline of 45% in revenue in Q1 2014 as compared to Q4 2013 as large Banks and Telecommunication companies held back their investments towards the long pending refresh of their core infrastructure due to uncertain political scenario in the country”, the report said.
According to Janmaijai Dhyani, Market Analyst, Enterprise Computing – Servers, "Large deals in Banking (driven by both refresh and upgrades) and Government (particularly state owned departments) are leading to investment in technology advancement and are key to the growth in Q1 2014. Cooperative banks and universities are also investing in technology and are aggressively upgrading their IT infrastructure.”