CtrlS to set up world's largest tier-4 datacenter footprint in India
CtrlS has plans to set up the world's largest tier-4 datacenter footprint in India by 2020 with an investment of Rs 2,000 crore. CtrlS Datacenters, founder and CEO, Sridhar Pinnapureddy said that the company plans to set up a 150 megawatt hyper-scale datacenter in Hyderabad that will be spread across two million square feet, a 100 MW similar facility in Mumbai and a 70 MW set-up in Chennai - spread over around a million square feet each.
"The demand for data storage has boomed in the country and data localization is also creating huge demand for hyper-scale datacenter in India. We will start building new tier-4 datacenter in Mumbai from March, Hyderabad facility from around May-June and Chennai in last quarter of 2019. Total investment will be around Rs 2,000 crore," Pinnapureddy said.
He said that all the datacenters will be functional in 2020.
The CEO said that the firm will fund its expansion mostly from internal accruals and partly with debt funding.
"With addition of around 4 million square feet, CtrlS will emerge as World's largest Tier-4 datacenter entity to cater to need of emerging technologies. World's 90 per cent data has been generated in last 1,000 days. This part Indian data localization policy will lead to large growth of data in India as most of the overseas companies operating in banking," Pinnapureddy said.
The company already has 1 million square feet datacenters, which includes two tier-4 facility in Mumbai, two tier-4 in Hyderabad, one tier-4 in Noida and a tier-3 datacenter in Chennai.
The largest Tier-4 player would have a footprint of approximately one million square feet.
"However, CtrlS will soon enjoy a cumulative footprint of five million Tier-4 datacenter space spread across 10 datacenters in India thereby emerging as the world's largest tier-4 datacenter," CtrlS Datacenters, VP-marketing, B S Rao said.
He said that CtrlS currently serves 20 of the Fortune 100 global multi-national companies.
Besides, the Asia-Pacific market is growing rapidly with a 25 per cent market share at USD 42 billion driven by the demand from emerging economies with huge populations such as China, India, and Indonesia.
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