VMware, Inc., Virtualization solutions firm, has committed to a multi-year initiative for the purpose of expanding its India-based research and development operations.
The company has a presence across many Indian cities with offices in Pune, Chennai, Bangalore, Delhi, and Mumbai. The was announced by vmware president and CEO Diane Greene at a conference in Bangalore.
His announcement was about Investing U.S. $100 million in India by 2010, a new 82,000 square foot development building center in Bangalore and Doubling the VMware’s India-based staff organization to more than thousand people.
Ms. Greene explained, ”Great products are built by great people. India has both an excellent technical education infrastructure and outstanding people. We highly value our Indian citizen employees. India is also one of our fastest growing markets and where we have increasingly important system integrator partners. For these reasons, we are now substantively increasing our investment in India.”
The company started to have presence in India in 2004. They have more than 300 customers and more than 160 partners in India. With centers in 5 cities, VMware employs about 700 employees with more than 500 developers. They have established good relations with Indian universities.
VMware product is a virtualization solutions starting at the desktop till the datacenter. Companies rely on VMware for a better services by reducing operating expenses and capital also ensure business continuity with strengthen security. 2007 revenues of VMware reach $1.3 billion and with more than 100,000 customers around the world, VMware became one of the fastest growing software companies.