HP Enterprise foresees double-digit growth

The transformation business, growing startup ecosystem and government projects will drive its business in the country.

November 04, 2015 11:05 pm | Updated November 16, 2021 11:38 pm IST - BENGALURU:

Hewlett Packard Enterprise (HPE), the newly formed entity after the split of technology major HP, is looking at >doubling its domestic business in the country this year. The HPE, which focuses more on the enterprise products and services business, said the transformation business, growing startup ecosystem and government projects would drive its business in the country. As per reports from research-advisory companies and industry associations such as Nasscom, the domestic IT spend is expected to be in the range between 7-10 per cent.

“For new formed business entity HPE India, domestic IT spending is a huge opportunity for growth. The expectation is that the industry will grow at 7-8 per cent and we feel more optimistic. We expect our growth to be double the number of the industry growth estimates,” said Neelam Dhawan Vice-President and General Manager, Enterprise Group, and Country MD, Hewlett Packard Enterprise. She further said, “Some of the projects have been delayed and has not taken off. We expect these projects and initiatives like digital India and smart cities to bolster our opportunity in the India market.”

>HP underwent a split and formed two Fortune 50 companies HP Enterprise and HP Inc from November 1 onwards.

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