The catapulting growth of Datacenters in India
The pandemic has altered the way we do business and use technology. Businesses pivoted tactics to maintain not just a seamless movement of commerce but to take into consideration the government's health rules to keep their staff safe, often making judgments without enough data.
Businesses are experiencing a burst of information because of higher disruption and digital adoption. Because of the rising usage of cloud computing and technology trends, the Covid-19 pandemic has sped up the demand for IT infrastructure. The need for data centers with extreme scalability is increasing as more consumers and organizations use DC and cloud services.
To discuss the pivot of contemporary data centers post Covid-19, Forbes India presents ‘Data Centered’ powered by LEGRAND. The discussion moderated by Mr. Manu Balachandran, Assistant Editor at Forbes India comprises an esteemed panel of Mr. Sanjay Motwani, Business Head, Legrand Data Center Solutions, Mr. Ravinder Pal Singh, Partner, Kalaari Capital, Dr. Neeta Verma, DG, NIC, Mr. Ashok Singh, Executive Vice President and Head - IT Infrastructure Projects, Kotak Mahindra Bank Limited and Mr. Shiva Kumar RV, Deputy Chief Technology–Infrastructure, NPCI.
The catapulting growth of Datacenters in India
According to Research and Markets, the Indian Data Center market is predicted to increase at an 11.4 percent compound annual growth rate (CAGR) from USD 1.0 billion in 2018 to USD 1.5 billion in 2022. Deeper internet penetration, increase in digital data, public cloud services, and a significant increase in IoT are all major growth contributors.
Shedding light on the challenges faced by their business, Dr. Neeta Verma says, “During the lockdown, what enabled us to carry on our business was digital technology- be it interaction, communication, or e-procurement. Being a government body, we had to ensure providing remote working services. The demand for our video-conferencing service saw a massive surge. We had to scale our network and hand-hold people. Email and cloud services also saw an exponential demand. The shift from the untrusted network to a trusted network for the government was an enormous challenge. However, data centers were the reason we could make this happen.”