- News>
- ICE Economy
India`s soaring tariff rates water down the Dell magic
San Francisco, Sept 10: For Michael Dell, chairman and chief executive officer, Dell Inc, India is too stifling a market to work his magic on.
San Francisco, Sept 10: For Michael Dell, chairman and chief executive officer, Dell Inc, India is too stifling a market to work his magic on.
Fortune magazine’s 40-under-40-listed billionaire said that India’s high tariffs are making it difficult for companies like Dell to penetrate the market. High tariffs make computers prohibitive for the common man, he said.
Mr Dell was speaking to a group of journalists after delivering the keynote speech at OracleWorld here on Monday. Mr Dell was all praise for China, where he said his company had reported 71% growth last year, against 47% growth across the Asia Pacific.
In terms of operating margins, China beat the rest, reporting around 150% growth in just one year.
Mr Dell’s views were later endorsed by IDC programme director Carl W Olofson while talking to ET on the growth prospects of global computer makers in India. Mr Olofson suggested that companies take up differential pricing seriously to penetrate the emerging markets.
Mr Dell, however, said he was happy with the progress of his company’s operations in India, which he hopes will add to the overall growth numbers in the years ahead.
Earlier in the day, Mr Dell, during his keynote speech at OracleWorld, saluted his company’s partnership with Oracle, the world’s premier enterprise software company. OracleWorld is the largest, global technology and business conference organised by Oracle where it showcases its best talents and products.
The five-day jamboree which promises to showcase more than 200 Oracle partners and feature keynotes by technology industry luminaries like Oracle chairman and CEO Larry Ellison, chairman and CEO HP, Carly Fiorina, Intel CEO Craig Barrett, president and CEO of Sun Microsystems, Scott McNealy and of course Michael Dell, was kicked off on September 8.
Mr Dell, who came on stage limping (due to an ankle injury following an accident during a horse ride) endorsed his partnership with Oracle and said his company uses the Oracle Application Clusters software which has helped it increase its marketshare several-fold in the past years. “We have seen a 46% jump in our sales growth since our partnership with Oracle.”
Mr Dell is keen on making the tie-up work its way up with 10g, the latest database software from Oracle that promises to help customers and partners achieve the highest levels of efficiency from their IT investments. Oracle Database 10g will be formally launched by Larry Ellison on Tuesday at the OracleWorld. Bureau Report
Mr Dell was speaking to a group of journalists after delivering the keynote speech at OracleWorld here on Monday. Mr Dell was all praise for China, where he said his company had reported 71% growth last year, against 47% growth across the Asia Pacific.
In terms of operating margins, China beat the rest, reporting around 150% growth in just one year.
Mr Dell’s views were later endorsed by IDC programme director Carl W Olofson while talking to ET on the growth prospects of global computer makers in India. Mr Olofson suggested that companies take up differential pricing seriously to penetrate the emerging markets.
Mr Dell, however, said he was happy with the progress of his company’s operations in India, which he hopes will add to the overall growth numbers in the years ahead.
Earlier in the day, Mr Dell, during his keynote speech at OracleWorld, saluted his company’s partnership with Oracle, the world’s premier enterprise software company. OracleWorld is the largest, global technology and business conference organised by Oracle where it showcases its best talents and products.
The five-day jamboree which promises to showcase more than 200 Oracle partners and feature keynotes by technology industry luminaries like Oracle chairman and CEO Larry Ellison, chairman and CEO HP, Carly Fiorina, Intel CEO Craig Barrett, president and CEO of Sun Microsystems, Scott McNealy and of course Michael Dell, was kicked off on September 8.
Mr Dell, who came on stage limping (due to an ankle injury following an accident during a horse ride) endorsed his partnership with Oracle and said his company uses the Oracle Application Clusters software which has helped it increase its marketshare several-fold in the past years. “We have seen a 46% jump in our sales growth since our partnership with Oracle.”
Mr Dell is keen on making the tie-up work its way up with 10g, the latest database software from Oracle that promises to help customers and partners achieve the highest levels of efficiency from their IT investments. Oracle Database 10g will be formally launched by Larry Ellison on Tuesday at the OracleWorld. Bureau Report