Starting as a player in the fledgling Indian data center industry, CtrlS has now set its eyes on global markets.
Besides, it is planning to expand its presence in the country by opening two more data centers in Noida and in Bengaluru in the next few months. The company is planning to build a mega-scale data center in the country and is in the process of identifying the campus. The firm, which invests 200–250 crore annually on its expansion, is investing 700–800 crore in its Mumbai data center alone, over the next 5 years. The firm has raised and invested 600 crore in developing the Tier-IV data centers in the country.
Though the Indian data center infrastructure market is estimated to be at USD 2 billion in 2016, showing a growth rate of 5.2 percent year-on-year, it constitutes only one-eighth of the global market size, leaving huge scope for growth. The market is poised to grow significantly following the explosion of data consumption and generation. To pick a hold in the global market, CtrlS has set up a subsidiary – Cloud4C – to focus on the local business in foreign countries.
The company has already started 12 centers through that initiative and is planning to open 28 more in the next 2 years. Of this, 16–17 centers will be opened by March 2017. The firm has raised and invested 600 crore in developing the Tier-4 data centers.