Lenovo India bets on IoT, to offer products from ‘pocket to cloud’ 

Tech main Lenovo, which has a footprint throughout telephones, tablets, private computer systems, sensible TVs, workstations, servers, storage gadgets and in companies and answer, goals to strengthen its place as an end-to-end answer supplier. In accordance with Shailendra Katyal, Managing Director, Lenovo India, the corporate intends to supply all Web of Issues (IoT) services and products required for a rising digitally-connected world.  

As web penetration will increase, Lenovo goals to supply all attainable digital options and be sector agnostic. 

Katyal advised BusinessLine, “Globally, we consider in market management.  Therefore, we wish to have a presence and supply know-how throughout all related components of the market. We’re moving into some advanced solutioning for sensible manufacturing, sensible retail and sensible healthcare. More and more, we’re additionally focussing on end-to- finish options past this horizontal view of getting all-possible gadgets. We shall be related in no matter is required for a digitally-connected world.” 

Market share

In its core PC enterprise, Lenovo holds the third place after HP and Dell. For the quarter ended March 2022, Lenovo had a market share of 17.6 per cent. The seller recorded a 20.5 per cent year-on-year (y-o-y) development, primarily pushed by a powerful efficiency within the business section. It clocked its second-biggest quarter ever amongst SMBs, delivery near 2,00,000 models and rising at 37.5 per cent y-o-y, in accordance with the newest IDC figures.  

The corporate stated it has a balanced market share throughout all sectors similar to banking, monetary companies and insurance coverage (BFSI), gaming, public sector, small and midsize companies (SMB), customers and training. Lenovo stated it has invested considerably in R&D during the last 5 years which has resulted in its development in varied segments.

Manufacturing footprint

Lenovo stated it has beefed up its manufacturing footprint within the nation according to the Atmanirbhar push by the Authorities of India. Whereas it inherited a PC meeting and manufacturing unit from IBM when it introduced its PC enterprise, it has now expanded the power and has a capability of greater than one million models. The Indian operations of Lenovo clock about $2.2 billion in annual revenues and straight make use of about 1,500 folks. 

Revealed on

June 19, 2022