Long time trudging businesses of setting up large data centres have gained a sharp pace last year. Announcements from the mega players like the Adani Group, the Hiranandani Group of Companies and the Reliance Industries are already setting up the plan to invest in creating data centres.
The demand for data centres will increase by 40 per cent within a year in the metro cities such as Pune, Mumbai, Chennai, Bengaluru, Kolkata and Hyderabad.
Considering different projects under the policies, increase in the number of customers and growing demand for data centres, real estate service and investment company CBRE has published some conclusions regarding the current scenario in which, the trends which will newly shape this sector in the year 2020 are underlined.
As of now, Mumbai is leading the sector with 41 data centres followed by Bengaluru (17) and Delhi (16).
Increased digital use will result in growth in this sector. Therefore, to provide the service to hyperscalers (companies with business processes) and enterprise clients they have to increase the data centre facilities. Chairman and CEO of CBRE, Anshuman Magazine said, “In the era of the fourth industrial revolution, we are expecting support for the expansion of data centres in the country.”
INCREASE IN INVESTMENT
According to CBRE, international companies will invest in the Indian market soon. In 2020, the focus will be on providing funds to developers and leading companies who have a focus on this sector. Besides, considering the conditions due to COVID-19, cloud and hybrid basic facilities will attract investors.
TRANSFORMATION INTO CO-LOCATION
Location users will now demand co-location predominantly because worldwide third party Cloud DC (Data Centres) is providing essential services without barriers. As per CBRE, now corporate seriously focus on revaluating their DC products.
Investors who have their own land will look for flexible scalable DC options which will be suitable for work and also will be financially reasonable. “We can bring all the suitable options of the IT industry together and by using land at the maximum amount of basic facilities will be developed”, said Ram Chandanani, Managing Director Advisory & Transaction Services.
REASONS FOR THE INCREASE IN DEMAND
- Make in India, Digital India, Smart City Project.
- To provide suitable facilities for “Work-from-home”.
- National E-commerce policy.
- Increasing corporate needs of data storage.
- Online gaming and education.
- Streaming, e-commerce, Increase in internet hits.