Digital Realty’s globalization continues with the recently announced planned acquisition of Interxion in Europe, a partnership with India’s Adani Group, and the launch of PlatformDIGITAL™, a new global data center platform.
As growth imperatives and competitive dynamics drive businesses to transform faster than ever before and expand to different cities and countries across the globe, there is greater need for interconnection solutions and distributed centers of data exchange. Keeping this in mind, companies are moving to data center platforms to enable ease of collecting, storing, analyzing and sharing critical business information with unprecedented reliability and security to scale their business ecosystem with ease and efficiency.
This November, Digital Realty, a leading global provider of data center, colocation and borderless interconnect solutions, announced PlatformDIGITAL™, a first-of-its-kind global data center platform designed to scale digital business. But before we get into detail about PlatformDIGITAL™, let’s take a step back and see the growth trajectory of Digital Realty.
With more than 2,000 clients across its secure, carrier-neutral, interconnected and network-rich portfolio of data centers, located in prominent business hubs throughout North America, Europe, Latin America, Asia and Australia, Digital Realty’s clients include domestic and international companies of all sizes. They span a broad range of market verticals, from cloud and information technology services, communications and social networking, to financial services, manufacturing energy, healthcare, and consumer products.
In October 2019, Digital Realty added yet another feather to its cap. With the announcement of the proposed combination with Amsterdam-based Interxion, Digital Realty is expected to significantly strengthen its position, footprint, customer base and ranking across key growth markets as a leading global provider of data center, colocation and interconnect solutions. With Interxion having a strong presence in Europe, Digital Realty will increase its footprint and build on the company’s track record of hyperscale development.
And not only is Digital Realty planning to expand across Europe, but it has also made its first foray into India by entering into a Memorandum of Understanding (MoU) to explore a joint venture with the Adani Group, a $13 Billion infrastructure conglomerate who are market leaders in the energy (including renewable energy), logistics, and real estate sectors.
With the exponential growth of India’s data-driven digital economy and data localization regulations shaping up, there is a strong need for building domestic data center infrastructure with the scale and size of global giants like Digital Reality. According to industry estimates, the data center outsourcing market in India — currently estimated to be about two billion dollars, is projected to grow at a compound annual growth rate of 25 percent to reach five billion dollars by financial year 2023-24.