With constant connectivity becoming the new normal in a digital society, data centers sit at the heart of the data exchange. A recent from Grand View Research indicates that, “The global data center market size was valued at USD 207.2 billion in 2019 and is expected to expand at a compound annual growth rate (CAGR) of 6.4% from 2020 to 2027. The continued increase in data consumption and the growing demand for cloud computing are expected to drive the market growth for data center utilization.”
As more organizations turn to advanced data center solutions to help their business become more agile and competitive, it’s important to note that not all data centers are built the same. Poorly designed data centers, although inexpensive, will drive your costs up if you experience an outage. According to Gartner, “The average downtime costs $5,600 per minute.” Looking at an hourly cost, an organization could see an outage price tag between $140,000 and $540,000 per hour, depending on the business.
Headquartered in Mumbai and listed on the Bombay Stock Exchange, Avance Technologies Limited (BSE: AVANCE | 512149 | INE758A01072) is poised to take advantage of the high & sustainable growth of the requirement for data centres and the paradigm shift of computing to the cloud.
With cutting edge services and products and access to some of the worlds best components and elements for building cutting edge data centers, Avance is focused on becoming one of the leading data centre and infratech providers in India.
Avance is a technology infrastructure ecosystem company whose core business is designing, constructing and operating some of the most resilient data center operations in the world.
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