Ctrl S Data Centers, promoted by the Pioneer Group along with IDBI and Och-Ziff will set up 4 tier-IV data centers in India, investing $250 Mn. over 2-3 years.The Asian Data Centre market is expected to grow at CAGR 11.5 % over 2006 -10 with India emerging as the fastest growing market. The coming of around 50 Telcos is creating demand for datacenters.
All other current facilities are tier-II or III, a lowver version. A tier-IV costs 30-40% higher.
This is a part of new technology wave likely to hit India after software & BPO sector having matured, called Remote Infrastructure Management.
Reported by ET
