Netmagic, the data storage provider has opened two more centres, each in Bengalore and Mumbai. It has increased its capacity by 70 per cent. Netmagic is owned by Japanese telecom major NTT Communications.
“The two new centres cater to the growing demand for data storage among enterprises and startups which are moving to the cloud and adopting Artificial Intelligence (AI), Internet of Things (IoT) and other technologies,” said Netmagic Chief Executive Sharad Sanghi.
The data centres will provide services like hosting, cloud, IT infrastructure monitoring and management, security, disaster recovery and app hosting to Indian and global firms like It sourcing firms, manufacturing sector, media, entertainment, Etc.
The company has total nine centres in India: five in Mumbai, Two in Bangalore, one in Chennai and Noida.
“The new data centres were set up with an investment of $144 million (Rs 950 crore) by NTT Communications, with the Mumbai centre costing $80 million (Rs 530 crore) and the one in Bengalore nearly $64 million (Rs 420 crore),” Sanghi said.
“These facilities are built capitalising on the trend of enterprises migrating their on-premise systems to the cloud,” said NTT Communications Corporation’s Senior Vice President, Global Business Takanobu Maeda.
