Data Storage Industry

A data centre centralises shared information technology (IT) activities and equipment for storing, processing, and disseminating information

The ambitious plan includes expansions in Mumbai, Hyderabad, and Chennai

Digital file sharing and cloud storage service provider DigiBoxx on Wednesday announced the launch of a new data storage solution for corporates and individuals. Megh3 will provide customers with fast, simple, elastic storage solutions at their fingertips at attractive pricing, combining both simplicity and affordability, the domestic software as a service (SaaS) based digital storage platform said in a release. Megh3 will be available at Rs 1,299 per month for storing up to 1TB data, it said. Megh3 protects and retrieves data at any time from anywhere on any device, helping streamline workflows, unifying brand inventory across multiple touchpoints, allowing teams to function effectively and in sync, the company said. Arnab Mitra, CEO, DigiBoxx, said, "...we have put tremendous effort into adding new features, keeping in mind the myriad data storage requirements of customers. I am confident that Megh3 will be instrumental in bringing about organizational transformation as it afford

Priced at Rs 12,999, the Lexar Professional NM800PRO Gen4 SSD comes with a heatsink option for better performance and improved power efficiency

Investments in data centres expected to surpass $20 billion by 2025, with smaller cities gaining too

The consumer internal SSD market shipments recorded 34% growth (quarter on quarter) in the first quarter of 2021 while on an annual basis, the overall market registered remarkable 172% growth in Q1

The similar figure for German Chancellor Angela Merkel is 24 per cent

Demonetisation and GST had dented the sector