Redington sees software driving growth over the next 3-5 years, AI infra demand stays strong
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- ✓Redington expects software services and AI infrastructure to drive growth over the next three to five years.
- ✓Managing Director VS Hariharan said, "software services will boost margins over time." The company saw its Software Solutions Group grow 39% during the July-September 2026 quarter, while server business grew around 90%.
Story at a Glance
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- Indian Markets
- Reported By
- cnbctv18
- Reading Speed
- 9 Minute(s)
- Market Focus
- India Economy
Managing Director & Group CEO VS Hariharan said software services will boost margins over time, while the company also expects its Turkey business to reach break-even in FY28 after ongoing restructuring.
Global IT services and technology solutions provider Redington expects its Software Solutions Group to remain a key growth driver over the next three to five years, while its artificial intelligence infrastructure business also continues to see strong growth, supported by rising enterprise AI adoption and expanding data centre investments, VS Hariharan, Managing Director and Group CEO of Redington, said.
Hariharan said the company expects sustained growth across software, servers and AI infrastructure, while software services are likely to contribute more to profitability over time. He also expects Apple product launches and AI-related infrastructure investments to support business growth in the coming quarters.
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