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    India fastest-growing Asia market for NetApp; BFSI and public sectors key growth drivers: CEO

    The San Jose-based data infrastructure company has also grown its global capability centre in Bengaluru, with the majority of global R&D processed out of the centre. With a team of about 4,000 engineers, the centre is the largest for NetApp and is core to the global innovation work for the company across technology areas.

    Indian diaspora founders account for $560 billion of overseas unicorn value: Report

    The figure was calculated by dividing each company’s value equally among its founders and adding only the share of those who grew up in India. If one of four founders of a $10-billion company met that definition, $2.5 billion was counted. It does not represent actual shareholdings or personal wealth. The 205 companies had a total valuation of $1.09 trillion.

    A US cloud computing company reports $703.1 million in revenue, then announces plans to lay off 5% of its workforce

    Nutanix plans to reduce its global workforce by approximately five percent. This strategic move aims to enhance operational efficiency and agility. The company is reallocating resources toward key growth areas like AI. Nutanix reported strong revenue and customer growth in its recent fiscal quarter. These layoffs align with broader industry trends of tech sector restructuring.

    India may outpace Nutanix’s global growth metrics: CEO

    CEO Rajiv Ramaswami told ET in an exclusive interaction on the sidelines of the company's annual .NEXT conference in Barcelona that Nutanix sees its India growth rate outpacing its projected global metrics for Annual Recurring Revenue (ARR) and profitability.

    Broadcom acquisition of VMWare creating a storm of uncertainty, risk: Nutanix CEO

    As part of its slew of announcements on Tuesday, Nutanix said it is working jointly with Cisco to certify Cisco UCS blade servers as part of the strategic partnership between Nutanix and Cisco.

    India to see sharp increase in hybrid multicloud adoption by 2026: Nutanix

    The Nutanix report said that hybrid multicloud usage in India at present is at 12% and expected to increase five-fold (to 63%) in the next three years.

    The Economic Times
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