Best practices for digital infrastructure businesses impacted by SVB's collapse
The sudden and unexpected closure of Silicon Valley Bank (SVB), which managed US$212 billion in assets, has sent shockwaves through the financial community hav...
Company is entering a new business model adding to its hyperscale line up an edge network that will initially cover 25 cities.
Founder and Editor, The Tech Capital
September 20, 2021 | 2:49 PM BST
India’s hyperscale data centre player Yotta Infrastructure is set to roll out an edge data centre network across the country in an investment drive evaluated at ₹900 crore (~US$135.28 million).
The company, part of the Hiranandani Group, intends to build as many as 100 points of presence in the next three to four years, its co-founder and chief executive officer Sunil Gupta told The Hindu Business Line.
“We will start with eight to ten cities with each facility costing about ₹8-10 crore for basic infrastructure,” he said. “Investments will go up by 4-5 times, if you add the high-end services like analytics and IoT.”
Yotta is set to begin construction works in 25 Indian cities, including Nagpur, Coimbatore, Ranchi, and Jaipur.
The facilities will be built in either pre-existing buildings which will be retrofitted for edge data centre services or through greenfield deployments in the form of containers, the executive explained.
Gupta said: “We are roping in anchor users for the centres. We are in talks with a public sector company to access their countrywide network.”
Yotta’s data centre portfolio being developed to include 16 facilities, build on a combined total of 63 acres of land hosting over 85,000 servers with a total potential IT load of 521MW at full build.
With one facility currently operational in Mumbai, the company plans to bring services online in Delhi NCR in 2022 followed by Chennai in 2023. Further expansion in Mumbai is planned, with Pune, Kolkata and Gujarat all also on the line for development.
Just last June, Yotta announced the appointment of Dr. Sayed Peerzade as its executive vice president and chief cloud officer.
The former group CIO of Reliance Entertainment – a division of Reliance Group (NSE: RELIANCE) – is leading Yotta on the path of digital transformation and cloud innovation with his extensive experience across sectors such as media, broadcasting, data centre, telecom, BFSI and retail industries.
One of India’s fastest growing data centre startups Yotta Infrastructure has announced the appoin...
The India data centre market is expected to grow at a CAGR of over 12% during the period 2020−202...
Investment in the data centre sector which includes M&A, land acquisitions, data centre build a...