HPE’s data storage business grows faster in India

Hewlett Packard Enterprise (HPE) said it is seeing higher growth in data storage business in India than its overall data centre business on the back of higher demand.  The US-headquartered IT services company said its storage business is growing at approximately 7% globally, whereas in India it saw a near 10% growth as it has seen wider penetration of hybrid data storage solution (both on-premise and cloud or remote server) among Indian enterprises, said Som Satsangi, MD, HPE India, in an interview.  “One of the reasons is (that) the large telcos are big buyers of our server infrastructure,” said Satsangi.  HPE’s data storage business growth data is based on average growth rates in four rolling quarters till third quarters of 2018 (calendar year) provided by IDC. The company, which maintained top position in Indian server market, said it is eyeing a significant pie of the opportunities with rollout of 5G (fifth generation) telecom services and growth of IoT.