Microsoft to invest $ 9.5 billion in R&D initiatives
Submitted by Pankaj Lakhotia on Tue, 04/13/2010
http://www.stockwatch.in/microsoft-invest-95-billion-rd-initiatives-25315....Moorhty K Uppaluri, general manager, developer and platform evangelism indicated that the company spends around $ 9.5 billion in a year in specifically for research and development. He said that the Microsoft was one of the few companies that maintained its R&D spending even at the time of economic slowdown. Mr. Moorhty was speaking on the sidelines of Tech. Ed.
He (Uppaluri) did not disclose details about where the investment would go specifically and how much of that would be invested in the Microsoft India Development India Centre but only said that India is a 'strategic centre for the company' and the investment is likely to go up.
"In India, we are roughly around 2 million developers, where some 1.3 million are IT professionals and the remaining are from student and research community," said Moorthy while adding the number of developers in India were growing at by 16 -18 per cent against 3-4 per cent in the US. He said with the trend India will make up the largest number of developers for the company. Detailing the company strategy he said that all consumers' access television, computer monitor and mobile screens and the company is focusing on all three. The dynamic and usage differs significantly in different countries.
The company invested considerable amounts in Visual Studio 2010 which can be used by developers to create and deploy software for various devices.
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Go figure - Why does Gates do this when the US is his home country? We are truly handing the keys to the country to China and India - and it may be too late to get them back.