The ongoing global Covid-19 pandemic, earlier lockdowns and unlock process, has significantly risen the demand for cloud services. To put things in perspective, leading global data companies during the time period of March-May have registered a staggering 500-700 per cent increase in their data business.
The quality of network and infrastructure too has seen a tremendous overhaul with the multi-cloud, hybrid-cloud and 5G spectrums coming into play.
Dr Rajeev Papneja, Chief Growth Officer, ESDS, a Nashik-based multi-cloud data centre reiterates the fact that this is a good opportunity for India data companies to add value in the current economic scenario.
“The Covid-19 situation caught the world by surprise; however, we have already stepped out from the shadows of the worst. The cloud data industry in the past 6 months has witnessed a steep rise in the demand, especially for Cloud services.
The new norm Work from Home culture, online education, and increase in OTT platform subscriptions together have equated to high demand for quality data centres,” he said.
While the pandemic has hit the economy hard, few sectors have been able to come out from the shackles of de-growth and show signs of stabilisation. Information technology, telecom, healthcare and FMCG sectors have shown great promise.
“Two sectors particularly which have seen huge growth since the lockdown is the edu-tech space and the video on demand and OTT platforms”, claims Papneja.
“Today most of the meetings are held on Cloud using apps like Zoom, Microsoft Teams, Google Meet, and JioMeet. While having a multi-national webinar, events, product launches etc, the seamless flow of data is ensured by the tireless functioning of Cloud data servers.
While this has created a severe shortage of Data centres and the need for Cloud has risen multi-fold, it has also given an opportunity for several Indian infrastructure companies to invest in the Cloud space. We see this trend continuing through the coming year and who knows we might witness “working from home office” becoming the new normal. With everything getting conducted virtually, be it events, studies, examinations, product launches, training, and not to forget sales, we will only witness an increase in the demand of data centres globally in coming times,” he added.
