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IBM will continue to invest in tech: India head

IT companies have been forced to be more modest on a slew of detrimental factors and it is the spends on research and development which stand to get affected in such trying circumstances.

November 17, 2016 / 10:55 IST
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Even as its peers stare at uncertain times on disruptive technological changes, sagging growth and rise of protectionism, global major IBM hinted that it is keen to continue investing in various aspects.

"Every decade comes with looming threats and fantastic opportunities. The only thing that is different today is that all the shifts are happening together and faster. When you miss a shift, you miss an opportunity. What is different about us is that we are possibly the only company that has continuously invested in tech and research," Vanitha Narayanan, managing director for IBM India, told reporters here.

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"Even through our hardest of times, we have not stopped that (investments)...we continue to do that," she added.

IT companies have been forced to be more modest on a slew of detrimental factors and it is the spends on research and development which stand to get affected in such trying circumstances.