Sterling & Wilson eyes 20% share in data centre market by 2020
Turnkey solutions provider Sterling & Wilson is eyeing at least 20 per cent share in the data centre market by 2020, mainly on the back of exponential growth in cloud computing, Internet of Things (IoT) and big data.
The domestic data centre market, including the physical infrastructure, is pegged at around Rs 10,000 crore, of which the physical infrastructure segment is about Rs 4,000 crore.
"With the advent of technological innovations, the importance of data has become paramount, especially in terms of supporting infrastructure for its storage and processing among others.
"We expect this physical infrastructure data centre segment to grow at CAGR of 20-25 per cent in the next three years," Sterling & Wilson Data Centre Practices Head Prasanna Sarambale told
(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)
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