Page 13 - Top 10 Optimistic Data Center Solution Providers 2020

backed by the government through popular
initiatives such as GST reforms, Smart Cities,
Rupay, UID and various inclusive services for
citizens. The government has laid down norms
which states that, the data has to be stored
locally. These are further fuelled by the boom
in fintech and e-commerce industries, while
AI and IoT are already leading the trend. A
move towards a connected, inclusive digital
economy means more and more data is
being generated across platforms such as
cloud and social media as well as accessed
by more people using mobile technology.
The data generated needs to be stored,
managed and disseminated to users
” ubiquitously on the devices of their choice
through public and private clouds; thereby
making data centres the bedrock of digital
transformation. The data centre business
has witnessed high growth because of these
factors and will continue doing so in future.

With digital footprint increasing at a
massive rate in India, demand for data
centre services are growing manifold and
the market is expected to reach $7 billion
by 2020. Also, the Indian data centre
outsourcing market is expected to grow
by 25% CAGR from FY18 to FY24 to reach a
value of approximately $5.1 billion. Hence
cloud infrastructure as a service, proper
cloud management, data security and well-
built cloud application infrastructure platform
are the key services expected by the
consumers or organizations/enterprises from
the cloud producers.

Trends:

The year 2019 saw some major data centre
trends-

• There is constant rise in the use of hybrid
cloud, which is a mix of public and private
clouds, thus indicating that more and more
businesses are opting to store data in public
clouds instead of retaining their personal
equipment. Cloud service providers are
boosting this by teaming up with public
cloud operators, and ensuring frictionless
movement of data and applications
between two types of cloud spaces.