The need for data center infrastructures in India is growing exponentially, as cloud adoption as well as data consumption and generation by half a billion digital users is reaching unprecedented.
More and more Indian organisations are looking to transform into digital-first businesses, with a natural progression towards increased cloud-led innovation across the board. As a result, 40% of new enterprise applications in India are likely to be cloud-native by 2022.
IBM projects that spending on cloud systems in India will increase by 49% in 2023. But currently only 20% of organisations have moved their workloads to the cloud, despite 90% of global companies adopting a form of the technology.
India’s data center market is also expected to present a US$4.9 billion investment opportunity, following a tripling of data center capacity by 2025.
Vaibhav Gawde, Head-Solution Engineering of Oracle India, said: “We have witnessed rising demand from Indian businesses for our second generation cloud services. A large number of Indian enterprises are looking at cloud adoption to aid their business continuity plans.”
Oracle recently opened their second cloud region in Hyderabad, India to help customers with better disaster recovery options and aid better business continuity.
“This is a big deal for customers as they look to optimise price and performance, and maintain heightened security of their IT investments and business operations,” added Mr. Gawde.
The developing IT infrastructure in India is expected to support growing customer bases in Financial Services, Manufacturing, SMEs and the Public Sector in India as well as new markets opening up in education and services that engage in online streaming of large volumes of data services.
“Leveraging technology like AI, automation, Internet of Things and Blockchain, Indian organisations are innovating at pace to transform into data-driven, digital-first businesses – which is a precursor to becoming truly intelligent enterprises,” said Mr. Gawde.
However, for India to leapfrog the competition and become a dominant player in the tech and data center space, Mr. Gawde believes the country needs to improve their data management strategies and enhance their focus on skilling and reskilling tech talent following the rapidly changing business and IT environments.
“Companies that will put their data to better business use are bound to remain relevant and successful in the new decade,” added Mr. Gawde.
There is no doubt the demand for data centers and cloud infrastructure will continue to increase in India, driven by surges in cloud adoption, digital transformation and social media usage, as well as new Industry 4.0 technologies like 5G, AI and the Internet of Things.
W.Media is ready to take South Asia by storm!
After two years of remarkable growth in Southeast Asia, we are excited to announce that W.Media is entering the India data center and cloud scene!
With the India data center market forecasted value at a staggering US$3.2 billion by 2024, we are excited to be part of the country’s bright future by sharing your successes with the world and bringing the technology industry together at W.Media Conventions and Digital Events.
“There are so many exciting initiatives taking place in the India data center and cloud industries. I can’t wait to start spreading the news and delivering events that give a boost to the market by creating valuable partnerships,” said Stuart Crowley, W.Media’s Editor.
We will kick off our South Asia events, providing a deep dive into one of the most exciting regions for data centers and the cloud with a digital event focusing on designing and operating smart and sustainable data centers in South Asia.
“I am proud to start creating a legacy and making a positive impact in my home country with W.Media. Networking opportunities like our Conventions and Digital Events are essential for a vibrantly connected industry,” said Naveen Lawrence, W.Media’s Director of Sales and Marketing.
We plan to expand even further into India in 2021, with Cloud and Datacenter Conventions for Chennai, Bangalore and Mumbai.
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