India poised for a massive datacenter growth
The datacenter houses and maintains back-end information technology (IT) systems and data stores—its mainframes, servers and databases. Whether private or public, the datacenter is essential for hosting mission-critical applications.
India is poised for massive datacenter growth. The datacenter is critical for enterprises operating in the presently borderless world. Whether private or public, the datacenter is essential for hosting mission-critical applications. In its recent budget, the Indian government has been emphasizing importance of creating a cloud warehouse that will safely store enormous amounts of digital data and has urged the industry to make this happen. Over 70% of the projected growth in third-party datacenters will be driven by the verticals of BFSI (banking, financial services, and insurance), media and entertainment, telecom and retail, among others. Third-party datacenters are increasingly consolidating their position through steps in technology and value-added services. Cloud service adoption is driving much of the datacenter market.
Key Takeaways: India will be a $4.5 billion datacenter market by 2018 and will reach $7 billion by 2020, with most interest focused on the large metropolitan areas of Mumbai, New Delhi, Chennai, and the IT hub of Bangalore. Experts predict that India would move to be the second-largest market for datacenters in Asia-Pacific by 2020, with investments soon reaching $7 billion.
Cool Vendors: Netmagic, Sify, CtrlS, ESDS and others including Amazon, BSNL, IBM, Google, Microsoft, GPX Global, and NxtGen.