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Technology cannot solve social problems: VMware CEO
By Jaya Kishore B
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Wednesday, 26 March 2008, 02:00 IST
Bangalore:"Though technology can boost the growth of the country, it cannot solve the social problems in India,"said Diane Greene President and CEO, VMware. She was speaking to SliconIndia on the sidelines of inauguration of new R&D facility in Bangalore on Monday.
While answering to a question, though in developing countries?,technologies like mobile are penetrated to even lower layers of the society, but why they are still remain poor, Greene gave an analogy,"It is just like how a new airport in Bangalore being built by a private company can help the growth of the city. But it cannot solve the other existing social problems." Earlier she made a statement that adapting the new technologies like virtualization is sign of growth.
During the press conference after inaugurating the new R&D center, Greene announced a multi-year initiative aimed at expanding its India based research and development operations, which includes investment of $100million in India by 2010, a new 82,000 square foot development center in Bangalore. Greene also announced that the company will double its development team in India to 1000 in next two years.
"India has both an excellent technical education infrastructure and outstanding people. We highly value our Indian citizen employees,"said Greene. She also mentioned that India is their fastest growing markets with about 300 customers including Mahindra and Mahindra, Helix finance, I2 technology, First source, HPCL, Lupin laboratories and Bharath petroleum.
The new Bangalore development center is the extension of existing R&D operations in Bangalore and Pune. The new center located in South Bangalore includes 4000 square foot computer lab.
When asked about how VMware tackle the challenges posed by the U.S. recession, Greene said,"We will convert the challenge into opportunity."
Mendel Rosenblum, founder and Chief Scientist,Jim Lenox,General Manager,Asia South, Ganesh Mahabala, Regional Director-India and SAARC,Ajith R Mayya,Senior director,R&D,VMware were also present at the press conference.