Tech firm Red Hat bets on telecom, BFSI in India, eyes smaller cities

To expand into smaller cities, leverage upon govt's financial inclusion push

Open source software provider Red Hat sees huge opportunities in the banking, financial services, and insurance (BFSI) as well as telecom sectors in India, with the government’s push for financial inclusion through providing affordable digital banking solutions. The company is also looking to expand its services to tier-II and-III cities in the country.

Most core banking systems across the globe run on Red Hat architecture in some form or the other, including Indian platforms like Infosys’ Finacle, said Benjamin Henshall, country manager (India and South Asia) and Director (Sales and Financial Services) of APAC, at Red Hat. After opening its first