Iron Mountain Exceeds Revenue Estimates

Iron Mountain Exceeds Revenue Estimates

Iron Mountain, a real estate investment trust (REIT), has surpassed revenue estimates due to strong demand for data centre services. The company's solid performance reflects the growing reliance on digital infrastructure and the increasing demand for secure data storage solutions.

Iron Mountain's robust revenue figures underscore the resilience of its business model amid evolving market dynamics. The company's focus on providing reliable and secure data centre services has positioned it well to capitalise on the growing demand for digital storage solutions.

The strong performance..

India Surpasses Australia, Japan, and Singapore in Data centre Capacity

India has surpassed Australia, Japan, and Singapore in data centre capacity, cementing its position as a prominent player in the global digital infrastructure landscape. The country's rapid advancement in data centre infrastructure underscores its growing significance in the digital economy.

The surge in data centre capacity is attributed to several factors, including increasing internet penetration, rising demand for digital services, and government initiatives to promote digitalization. As businesses and consumers alike embrace digital technologies, the need for robust data infrastru..

India's data center industry growth to double by 2026; reach 2,000 MW

India's data centre industry is experiencing explosive growth, driven by the country's rapid digitisation. CareEdge Ratings predicts a data centre capacity surge, doubling to 2,000 MW by 2026. This expansion will attract significant investments, with an estimated Rs 500 billion flowing in over the next three years.

The data centre growth is driving/attracting large scale investments in the expansion of the network connectivity ecosystem which is critical for high volume data transfer at low latency levels. It is imperative that for such large-scale capacity addition, data centre playe..