Redington to ramp up cloud and AI investments, Group CEO outlines strategy

Integrated technology solutions provider Redington plans to increase its investments in cloud and Artificial Intelligence (AI) to drive growth, according to Group CEO VS Hariharan.

Currently, the technology solutions group contributes 30% of the company’s business, while cloud services account for 4-5%, making up a total of 34-35% of the revenue mix. An equal 35% share comes from the mobility solutions group.

Maintaining this balance is crucial for sustaining higher margins, and while increased investment in cloud and AI may impact operating expenses…