Cupertino, CA-based data storage company Seagate Technology PLC said that its Indian business is growing strongly due to the demand from expanding data centers and telecom services.
Seagate Technology senior vice president (Global Sales and Sales Operations) B.S. Teh said that while consumer business comprises a larger chunk of its India business, it could shift toward enterprise over the next few years. He explained that increased use of technologies like Internet of Things and artificial intelligence on the back of 5G will translate to an increased demand for real-time data processing, along with a need for data agility in India.
Seagate, in partnership with Massachusetts-based research firm International Data Corporation, released a report which says that volume of data created worldwide is expected to grow to 175 Zettabytes by 2025 from 33 Zettabytes in 2018. “The number might be global but one can see these growth trends in the Indian market as well. As India accelerates in its journey to digital transformation, there will inevitably be a data deluge,” Teh added.
