CtrlS to invest Rs 2,000 crore to set up world’s largest tier-4 datacentre
CtrlS, a Hyderabad based technology infrastructure provider now has a plans to set up world largest tier – 4 data center footprints in India by the end of 2020 with an investment of Rs 2000 crore, according to the report which has been revealed.
The company as of now has a plans to set up 150 Megawatt hyper-scale data center in the city of Hyderabad that will also be released across two million square feet, a 100 MW similar facility in the Mumbai and a 70 MW set up in Chennai that is also spread around a million square feet each, CtrlS Datacenters, founder and CEO, Sridhar Pinnapureddy said.
“The demand for data storage has boomed in the country and data localisation is also creating huge demand for hyperscale datacentre in India. We will start building new tier-4 datacentre in Mumbai from March, Hyderabad facility from around May-June and Chennai in last quarter of 2019. Total investment will be around Rs 2,000 crore,” Pinnapureddy said.
He revealed that all the Datacentres will be going to be functional by the end of 2020. A tier 4 data centers have now assured 99.9995 percent uptime with a maximum of 26 minutes’ downtime in a year. It even requires almost double the investment done in the tier – 3 data centers, which can have the downtime of up to few hours in a year.
The CEO said the firm would fund its expansion mostly from internal accruals and partly with debt funding.
“With the addition of around 4 million square feet, CtrlS will emerge as World’s largest Tier-4 datacentre entity to cater to need of emerging technologies. World’s 90 percent data has been generated in last 1,000 days. This part Indian data localisation policy will lead to large growth of data in India as most of the overseas companies operating in banking,” Pinnapureddy said.
“The largest Tier-4 player would have a footprint of approximately one million square feet. However, CtrlS will soon enjoy a cumulative footprint of five million Tier-4 data center space spread across ten datacenters in India – thereby emerging as the world’s largest tier-4 datacenter,” CtrlS Datacenters, VP-marketing, B S Rao said.