Optimistic on India's data localisation concern - Michael Dell

Michael Dell, CEO - Dell Technologies said on his recent visit to India that he’s not surprised that India is insisting on data localisation issue, for giving security and privacy concerns to the netizens and expects other nations to take a similar approach.

The issue is “If you don't know where your data is or it’s into the wrong hands, it can be a very, very dangerous problem,” Michael Dell said this in an interview “I would not be surprised if pretty much every country in the world creates something like this.”

Dell said that he was impressed by India’s digitisation drive, which was unique in terms of scale. “These (initiatives) are a platform for tremendous amount of growth and innovation and no other country in the world is doing this in any way close to what India is doing.”

He further said that the economic opportunities that come from inclusive growth will be tremendous. “On top of this, a vibrant ecosystem of start-ups and individuals getting more opportunities will create a positive growth environment.”

Dell said the company’s India expansion exceeded those of many other territories. “The India business is growing at a faster clip than other major geographies,” he said. “But we can do more, we have this saying inside Dell which goes - PBNS, pleased but never satisfied.”

When questioned about Indian business growth, he said that it’s looking good. “We are witnessing a double-digit growth and are continuing to grow our share across businesses - it’s actually true all over the world. You know if you look at Dell Technologies, we are growing quite fast. We have roughly a $90-billion business, based on last quarter’s run rate we are growing at 16% year-on-year. Our datacenter business grew 24%, which is, you know, seven, eight, nine times faster than most of our competitors. We are gaining share in storage, servers and PCs. We are out-investing the competition in R&D and innovating as a result, and growing quite fast.”