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IBM (NYSE: IBM)is expanding its data center business in India reports India Times, in a time when more companies look at outsourcing their data storage requirements. Research firm IDC India, in a recent study, predicted that the India data centre services market could reach an annual growth rate of 22.7 per cent over 2009-2011. Sector expected to see huge growth this year for data center deployment include manufacturing, BFSI (Banking, Financial Services and Insurance) and telecom.
"’Over the past years, the number of third party data centres are increasing because they not only help companies save cost but also provide benefits such as protection against natural calamities, reduced power consumption etc,’ IBM India/South Asia Vice President Infrastructure Services Sales Shailesh Agarwal said.”