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IBM bets on $80 Bn SMB market
By siliconindia
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Thursday, 07 August 2008, 17:17 IST
New Delhi: With the small and mid sized (SMB) market expected to grow to $80.3 billion by the end of 2012, International Business Machine (IBM) plans for redirecting its focus towards it. The company plans to shift from being product-centric to being client-centric.
According to IBM Systems and Technology Group (Business Systems Division) General Manager Erich Clementi, "In the SMB segment, we have only 13 percent market share. If I could only take IBM share from 13-30 percent alone would be $8 million." It has included varied services meant for the SMB sector ranging from services for the business-operations support, business continuity and recovery to web site and infrastructure services. With the motive of uplifting the software technology group (STG) business and accelerate its growth in the $49 billion storage and server market, the Big Blue, as the company is nicknamed, plans for this client-centric approach.
In India, the SMB segment has grown faster than the large business. Moreover, according to IDC estimates, the sector is expected to show 10.6 percent compound annual growth rate (CAGR) for the 2008-2012 period.
