"We are looking at setting up another public cloud data centre. As you know, sectors like government and financial services prefer their data residing within the country," IBM India Managing Director Vanitha Narayanan told PTI.
She declined however to comment on investment details or timeline for the new data centre. With explosive growth being seen in data creation and consumption, technology companies like IBM and Microsoft are aggressively investing in setting up data centres to host information and offer clients various applications and analytics services.
The Redmond-based firm had said it sees the cloud opportunity in India to be a $2 trillion opportunity. In October last year, IBM announced the expansion of its global cloud network with its cloud centre in Mumbai.
IBM has data centres across London, Amsterdam, Beijing, Hong Kong, Singapore, Melbourne, Toronto, Dallas and Raleigh.
The US-based firm has made a $1.2 billion investment in cloud centres across major markets globally. Since 2007, IBM has invested more than $7 billion in 17 acquisitions to accelerate its cloud initiatives.