News: India’s Data center Market to Touch $4.5 billion mark by 2018
India’s datacentre market is going northward with the demands coming from infrastructure growth. Enterprise IT World spoke to Kalyan Muppaneni, Founder & CEO, Pi DATACENTERS to know about their strategy in the market. excerpts.
How big is the datacentre market in India?
Indian data center infrastructure market currently valuing at $2.2 billion, is expected to touch $4.5 billion mark by 2018. It is predicted that India would move to be the second-largest market for data centers in Asia Pacific by 2020, with investments reaching $7 billion. The growth owes to the pooling demand from verticals like BFSI, Telecom, IT & ITES. Organization’s dependence on data and their inclination towards optimization of business processes drives this demand while state initiatives like Digital India support them.
23-03-2017: Hyderabad: Pi DATACENTERS, the TIER IV data center major based at Vijayawada, the capital of Andhra Pradesh, has been awarded the Payment Card Industry Data Security Standard (PCI DSS) compliance certification version 3.2. This certification further establishes Pi’s commitment to...03-Apr-2017, Monday