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GCC spree pushes up demand for data centres, enters list of top sectors ! GCCs operating in the technology and telecom vertical constitute about 27 percent of the data centre demand, followed by banking, financial services, and insurance (BFSI) at 20 percent. Another reason why GCCs are rapidly availing the services of data centres is the recent data localisation requirements, which are part of the Digital Personal Data Protection Act, 2023. GCCs, which are dedicated offshore centres set up by a company to in-source IT and other related business functions, have come into the spotlight of late due to their hiring spree, which has outpaced that of IT service companies. GCCs, which are dedicated offshore centres set up by a company to in-source IT and other related business functions, have come into the spotlight of late due to their hiring spree, which has outpaced that of IT service companies. Currently, India’s operational data centre capacity stands at 1.1 gigawatts, with another 1.7 gigawatts either under construction or planned in the coming five years, according to data from Cushman & Wakefield. Currently, India is the 13th largest data centre hub in the world. Despite the concentration of data centres in major metropolitan hubs such as Mumbai, Chennai, and Bengaluru, there is a growing recognition of the untapped potential in Tier II and III cities. “Because of the GCC spread, Tier II and III cities such as Pune, Nagpur, Kolkata, Kochi, Coimbatore and Vadodara are becoming hub spots for data centres,” Loliwala said. #gcc # datacenter #gcctech #gcctelecom #gccindia
