HPE plans to invest $500 million in India over five years

Hewlett Packard Enterprise (HPE) announced its plans to invest $500 million in India over the next five years.
HPE for IoT
HPE competes with Cisco, Dell, Oracle, IBM, Lenovo, Juniper, Huawei, among others, in the global enterprise networking space for IT deals.

Telecom operators are one of the main target business customers for HPE especially in the wake of their 5G network roll outs.

Vodafone Idea, the largest mobile operator in India with 334 million subscribers, is working with HPE to transform the network’s Service & Network Operations Center which controls its vast network and service offerings.

Vodafone Idea is using HPE operations support systems (OSS) and HPE Intelligent Assurance to turn vast amounts of telecommunications network data into insight.

HPE aims to grow its operations, manufacturing and employee base in the country, increase its R&D and services exports, as well as invest in technology initiatives.

Antonio Neri, president and CEO of HPE, said: “Our investments will further develop the country as a critical market for HPE’s global business, as well as benefit our customers, partners, employees and the citizens of India.”

HPE plans to increase its workforce in India by 20 percent over the next 3-5 years. HPE will hire new engineering talent with expertise in areas of critical importance to customers such as AI and networking.