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Small-town edge: How 5G, OTT is driving demand for data centres beyond big cities
Economic Times
·
1y ago
Medial
The rise in OTT video consumption, online gaming, and AI-based applications, fueled by the rollout of 5G in India, has led to the fast-tracking of expansion plans for data centre players. The capacity of the Indian data centre industry has more than doubled from 350 MW in 2019 to 778 MW in H1 2023, with significant growth expected to occur in tier-2 and tier-3 cities. Investment commitments of approximately $35 billion have been made in the Indian data centre industry, which is projected to reach a market size of $4.5 billion by 2025.
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India's data centre market to grow 21% to reach 3,400 MW by 2030
Economic Times
·
6m ago
Medial
India's data centre market is rapidly expanding, projected to grow at a CAGR of 21% to reach 3,400 MW IT capacity by 2030. The growth, driven by cloud computing, big data, IoT, AI, and digital transformation, saw 407 MW IT capacity absorbed in 2024, with 191 MW added. Major cities like Mumbai, Hyderabad, and Pune lead market absorption and land acquisitions for data centre expansion. Increasing 5G penetration also boosts demand for edge data centres in Tier-II and Tier-III cities.
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Mumbai, Hyderabad lead the charge in AI data centre boom
Economic Times
·
6m ago
Medial
Mumbai and Hyderabad are emerging as prime locations for data centre investments in India, driven by AI advancements. AWS and other companies are planning significant expansions in these cities, benefiting from existing infrastructure, connectivity, and government initiatives. Hyderabad's seismic zone-2 status makes it ideal for disaster recovery. As demand grows, data centres are set to expand beyond major cities to tap into untapped potential, focusing on 'edge centres' that offer reduced latency and improved consumer experiences.
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India's data centres a $25 billion market opportunity over the next decade: Avendus
Economic Times
·
11m ago
Medial
The data centre industry in India is set to undergo a significant transformation due to advancements in AI and the rollout of 5G. The demand for high-performance computing infrastructure, including GPU servers and AI-centric cloud solutions, is driving this growth. With the rise in AI companies and the need for high-density server racks, the demand for data centres is expected to increase. The generative AI market is projected to grow rapidly, resulting in a demand for around 500 MW of AI-enabled data centres in the next four years. Mumbai and Chennai currently lead in data centre capacity, with Delhi and Kolkata also contributing. The industry presents a lucrative opportunity for investors.
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Investors flock to small town 'desi' startups as funding surges
Livemint
·
1y ago
Medial
Investors are increasingly showing interest in small-town startups in India, as they recognize the potential for entrepreneurship in Tier-II and Tier-III cities. A recent report by Primus Partners revealed that about 90% of startups in 2023 originated from these small cities, receiving around 22% of total funding. The surge in funding for small-town startups can be attributed to factors such as government initiatives, increased digitalization, and the availability of a large talent pool. Despite these positive developments, some startups still face challenges in securing sufficient funding for growth.
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Data centre ecosystem to attract over Rs 45,000 crore investment by 2026: report
Economic Times
·
1y ago
Medial
The Indian data centre industry is expected to attract investments exceeding Rs 45,000 crore and witness its existing data capacity doubling over the next three years, as per a report by Crisil. The demand for data and storage, along with long-term contracts, is driving this growth. Mumbai, NCR, Chennai, Hyderabad, and Pune are the key cities that will benefit from these investments. The report also highlights the importance of operational and technical expertise to meet service agreements. The rise in demand for cloud solutions and OTT platforms, along with regulatory focus on local data storage, are major factors driving this growth.
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Flipkart Big Billion Days Sale: Top deals on mobiles from Nothing, Samsung, more
Livemint
·
10m ago
Medial
The highly anticipated Big Billion Days Sale 2024 by Flipkart is set to offer substantial discounts on various product categories, including smartphones. Some notable deals include the Samsung Galaxy S23 FE 5G priced under ₹30,000, Samsung Galaxy S23 5G at an effective price of ₹36,999, Google Pixel 8 at an effective price of ₹31,999, and Motorola Edge 50 Pro 5G for ₹27,999. Affordable options include Motorola Edge 50 Fusion 5G and Realme P2 Pro 5G both priced at ₹19,999. Additionally, there are exchange bonuses, no-cost EMIs, and bank discounts available, making it an attractive opportunity for consumers.
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New AI and 5G advancements will usher in the era of edge computing on smartphones, autonomous cars, and more
Business Insider
·
1y ago
Medial
Artificial intelligence (AI) advancements are driving the emergence of edge computing, a concept where computations are performed closer to the user. This trend, enabled by improvements in 5G networks, allows for lower latency, reduced energy costs, and improved privacy and security. Edge computing has gained attention from tech giants like Amazon and was a topic of discussion at the Mobile World Congress. Edge computing is particularly crucial for technologies like autonomous vehicles and medical equipment, where split-second decision-making is essential. Cost benefits, environmental advantages, and increased energy efficiency are additional factors driving the adoption of edge computing.
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Smaller cities are stealing the show in data centre expansion
Economic Times
·
1y ago
Medial
India's data centre industry is expanding beyond traditional metropolitan hubs like Mumbai and Chennai and moving towards emerging hotspots in cities such as Kochi, Jaipur, Ahmedabad, Lucknow, Patna, and Visakhapatnam. This shift is driven by the need to serve a growing and distributed user base across the country. Companies like Airtel's Nxtra, NTT, and CtrlS see opportunities in these locations due to improved infrastructure, strategic positioning, and cost advantages. The launch of 5G and the increasing demand for low-latency computing are expected to further boost growth in tier-2 and tier-3 cities.
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Festival season sees ecommerce surge, Amazon registers 140 crore customer visits
Economic Times
·
9m ago
Medial
Amazon India's Great Indian Festival 2024 saw record-breaking customer visits, with over 140 crore customers visiting the platform. More than 85% of these customers were from non-metro cities. The event featured over 25,000 new launches across various categories. Seller success also reached new heights, with a 70% increase in sellers surpassing Rs 1 crore in sales compared to the previous year. The festival saw increased demand for travel bookings, 5G smartphones, laptops, smart home products, and appliances. Tier 2 and 3 cities played a significant role in driving sales during the festival.
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PlanckDOT raises $350K in bridge round
Entrackr
·
1y ago
Medial
PlanckDOT, a technology startup specializing in edge data centers, has raised $350,000 in its bridge round at a valuation of $30 million. Earlier this year, the startup had raised $1.6 million in its seed round from HNI Angel Investors. The fresh proceeds will be used to ramp up the ongoing development of PlanckDOT’s Quanta AI that caters to the rising demand of data centres for generative AI applications. Founded by Shishir Miglani and Ali Ahmed Saleem, PlankDot’s Quanta offers a range of fully-loaded, self-sufficient edge data centres tailored to corporate, enterprise, and SPC requirements empowering businesses to scale their operations seamlessly. The firm specialises in setting up Edge and Hyperscaler data centers that are carbon-neutral and reliable. PlanckDOT’s initiatives focus on improving the Power Usage Effectiveness (PUE) ratio in data centres, aiming to achieve a PUE ratio of 1.0.
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