Big Data!
Technology

Big Data!

India is on the path to becoming a global data centre hub, driven by a surge in digital adoption, AI expansion and government-backed infrastructure initiatives. According to the Economic Survey, the country’s data centre market is set to grow from $ 4.5 billion in 2023 to $ 11.6 billion by 2032, achieving a CAGR of 10.98 per cent.  The expansion reflects rising demand for digital services and the ongoing development of robust IT infrastructure. In the past two years, the sector has seen key collaborations between chip developers and infrastructure providers, such as NVIDIA partnering with Yotta and Tata Group and Reliance Jio Infocomm joining forces across various initiatives.  


A key segment in real estate

“The growing adoption of hybrid cloud models, including private and public cloud environments, has created new opportunities in real estate,” says Kirtikar Ojha, Head of Business Development & Government Sales & CMO, L&T-Cloudfiniti. “Additionally, urbanisation and edge computing have led to the rise of smaller, localised data centres in cities to facilitate low-latency processing.”...

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India is on the path to becoming a global data centre hub, driven by a surge in digital adoption, AI expansion and government-backed infrastructure initiatives. According to the Economic Survey, the country’s data centre market is set to grow from $ 4.5 billion in 2023 to $ 11.6 billion by 2032, achieving a CAGR of 10.98 per cent.  The expansion reflects rising demand for digital services and the ongoing development of robust IT infrastructure. In the past two years, the sector has seen key collaborations between chip developers and infrastructure providers, such as NVIDIA partnering with Yotta and Tata Group and Reliance Jio Infocomm joining forces across various initiatives.  A key segment in real estate“The growing adoption of hybrid cloud models, including private and public cloud environments, has created new opportunities in real estate,” says Kirtikar Ojha, Head of Business Development & Government Sales & CMO, L&T-Cloudfiniti. “Additionally, urbanisation and edge computing have led to the rise of smaller, localised data centres in cities to facilitate low-latency processing.”...To read the full article Click Here

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