Last year the company’s India revenue grew by 37 per cent against the same in 2005, while the CAGR from 2002 to 2006 is over 49 per cent. “The company experienced broad-base growth during 2002-2006 in telecom, financial services and small and medium businesses, growing at 58 per cent, 34 per cent and 35 per cent respectively,” Green said.

IBM brings world’s fastest chip to India

BANGALORE: IBM has launched the world’s fastest computer processor chip, called the dual-core POWER6, in India. With this launch, the company’s System p570 — which the company says is the world’s most powerful midrange consolidation machine — and bladeCenter JS22 servers, both powered by the new chip, would be available in the country, said IBM India and South Asia director (systems and technology group) Shashi B Mal. The POWER6 features virtualisation capabilities — a means of server consolidation — and is also the latest addition to IBM’s Project Big Green initiative. It allows “unparalleled power savings on mid-range servers,” Mal said.