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NEWS ARTICLE

India to become NetApp's top Apac market in 3-5 years: VP Puneet Gupta



With India emerging as a global leader in AI adoption, it is poised to become the largest market in the Asia-Pacific region in the next five years for intelligent data infrastructure company NetApp, a top company official said on Wednesday. India has emerged as the global leader in AI implementation with 70 per cent of companies having AI projects implemented or in planning, surpassing the global average of 49 per cent, said Puneet Gupta, VP and MD, NetApp India/SAARC, citing the company's recent report. The second annual NetApp Cloud Complexity Report, which examines how technology leaders worldwide are deploying AI at scale, surveyed 1,300 top-level IT executives from key markets across the world, including India, the US, the UK, France, Germany, Spain, Australia/New Zealand, Japan, and Singapore. The report revealed that a significant 91 per cent companies in India plan to use half or more of their data to train AI models in 2024, thus indicating a strong commitment to leveraging data for AI innovation. India has shown a proactive approach to create intelligent infrastructure, with more than 85 per cent of Indian companies optimising their IT environments for AI, the report said.