On Tuesday, 7th July 2020, Maharashtra CM Uddhav Thackeray virtually inaugurated Asia’s largest certified tier IV data centre, the Yotta NM1 data centre building. The data centre, located in the city of Panvel near Mumbai, is also the 2nd largest data centre in the world. It aims to offer competitive digital solutions to investors.
What It Means for Investors:
The Data Centre leverages the country’s distinct advantage in Digitalisation technologies and Information Technology to offer affordable digital solutions. It is the first data centre out of the proposed 5 integrated data centre building located at the well-connected Integrated Yotta Data Center Park. When fully built, the Park will have a total capacity of 30,000 racks and 210MW power. The state-of-the-art infrastructure offered at a globally competitive price is an appealing proposal for global investors.
Addressing Data Security:
The Data Centre certified tier IV data centre having been certified by the Global Data Center Authority’s “Uptime Institute”. Tier IV is the highest standard that can be given to a data centre. It signifies that the data centre possesses the highest standard in efficiency, security, and are tolerant to faults that can hinder its processes.
For some time, data security has been a relevant obstacle for foreign companies planning to invest in India. For example, the stringent provisions given under the EU’s General Data Protection Regulations (GDPR) compared to India’s own data security law, is a major factor for European companies planning to move to India. The Data Centre will not only make a compelling business proposal but also save companies millions required to ensure data security compliance.
Ensuring Sustainable Growth:
In the bid to ensure uninterrupted service, the Data Centre will be supported by a green on-site power infrastructure consisting of a captive solar power plant and gas-based cogeneration power plant, along with traditional power supply. Plant will therefore use a mixture of heat, solar, gas, and recycled energy to sustain itself. Cogeneration power plants are known to operate at 60% higher efficiency rate than single-generation plants. At the same time, other the use of renewable energy will also lessen dependency on non-renewable resources to generate power. This will minimise carbon emission and the potential negative impacts on the environment.
In line with the progress of digital solutions in India, the Indo-German Chamber of Commerce recently unveiled its Virtual Market Entry service which offers low-cost and minimum risk approach to market entry using Big
Data Analytics and Machine Learning.
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