Sun Microsystems Inc, the global technology company, has reported 35.4 per cent growth in revenue in its India operations in the financial year ending June 2007.
Briefing reporters here, Sun Microsystems India President Bhaskar Pramanik pointed out that India performance in last financial was the best against average revenue growth of 30 per cent in the last five years.
Globally too, last financial marked a major turnaround for Sun. For fiscal year, the company reported revenues of $13.87 billion, an increase of 6.2 percent over fiscal year 2006.
Total gross margin as a percent of revenues for fourth quarter was 47.2 per cent, which was 2.1 percentage points more than fiscal year 2006. For 2006-07, net income was $473 million as compared with a net loss of $864 million in fiscal 2006.
Indian model
If India is doing better than other GEMs (geographically established market) of Sun, the reasons, according to Mr Pramanik were huge market opportunity, good product range and near-perfect execution of growth plan.
The business growth for Sun in India was across all key segments of the market, including systems, storage, software, solutions and services.
As per IDC Enterprise Server Tracker for second quarter in the calendar year 2006 Sun Microsystems India retained its leadership position in the UNIX/non-x86 server market with 56.6 per cent unit market share. This, the company claimed, was almost twice its nearest competitor. Sun was also number one vendor in non-x86 Unix Midrange Enterprise server segment in India in Q2 2006, Mr Pramanik added.
“This year’s Sun Tech Days had a participation of more than 10,000 developers making it the largest paid developer event in Asia. There have been over 9 million license downloads of Solaris since it was open sourced in 2005, India today is the largest registered developer base for Sun worldwide at 531,000 developers” he claimed.