As IT spendings by India Inc continue to show a 27% growth year-on-year, Cisco Systems is looking to boost its unified communications (UC) business in India and cash in on the increased spending. An UC system integrates wired, wireless and mobile devices to create a secure solution for the entire organisation regardless of an employee’s location.

Piggy-backing on recent major acquisition such as Audium, Meteros and Webex, the networking equipment manufacturer aims to increase its UC business by over 40% in India, according to Cisco Systems senior director (voice technology group) Manjula Talreja. The company has identified verticals such as banking and financial institutions, retail and ITeS for achieving this growth, backed by an aggressive acquisition strategy.

“With regards to our India strategy, it is one of the fastest growing markets for the company, along with China, Russia and the Middle East. We are aggressively looking at banks and financial institutions, along with ITeS and retail sectors to be the high growth areas for Cisco’s unified communications business in India,” said Ms Talreja.

Explaining more on the India strategy, Ranajoy Punja, vice president - business development (advanced technologies), Cisco India and Saarc said that for the PSU banks the deal size may be smaller than other industry verticals but there is advantage in addressing their IP communication demands as more banks are increasing technology spending. On the other hand, retail is still emerging in India, but there is still huge opportunity as most of the companies in this space are starting with a clean slate for IT spendings.

Rate this article (1 votes, average: 4 out of 5)
 Loading ...

Click here to read more