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World News

India’s National Commodities and Derivatives Exchange Migrates Digital Infrastructure to Yotta Data Centre

Photo: Indian Express

NCDEX, India’s National Commodities and Derivatives Exchange has migrated its digital infrastructure to Yotta Data Centre.

In a LinkedIn post Viral Davda, Chief Technology Officer at NCDEX said: “Extremely Proud to share that we recently migrated our Primary Data Center to Yotta NM1 – World’s second largest Uptime certified Tier IV Data Center !”

Migration was super smooth experience for members as they continued trading from the new DC as any normal day without even a jitter, he added. With this move, NCDEX is now India’s First and the only Exchange to run its operations from a certified Tier IV Data Center.

Extremely thankful to my tech team who made this possible and to all the vendor partners involved in making this dream a reality, Davda added.

Earlier this year, Huhtamaki India, one of India’s leading manufacturers of primary consumer flexible packaging and labelling materials, has migrated its captive, on-premise data centre to Yotta NM1 data center at Panvel, Navi Mumbai. Huhtamaki India is a part of Huhtamaki Oyj, a Finnish-based global food packaging major.

Read more: https://w.media/huhtamaki-india-migrates-on-premise-data-centre-to-yotta-in-mumbai/

India’s data centre industry is expected to double capacity by 2023, on the back of increased digitalisation, rising cloud adoption and ambitious growth plans of operators. According to JLL’s ‘H1 2021 India Data Center Market Update’, the acceleration of digitalisation has forced enterprises to scale up their IT infrastructure. As a result of digital upgrades, strong demand for colocation or cloud facilities, across India.

Publish on W.Media
  • September 28, 2021
Author Info - W.Media
Venkatesh Ganesh
Venkatesh Ganesh
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