Story image

Singapore data center company plans $500m investment in India, wider APAC next

19 Jul 2017

Bridge Data Centres is planning to invest USD $300-400 million in the India data center market over the next two years.

In addition, the Bain Capital investee company is planning further investments across the Asia Pacific region.

Bridge Data Centres plans to set up a greenfield facility in Mumbai and in other key markets, and invest in acquisitions if they fit with the vision for the platform.

Michael Foust is one of the founders of the data center company, as well as its executive chairman. He says, "Bridge Data Centres aims to build a leadership position through market disruption.”

“Currently the market is underserved and supply-constrained and does not have world-class data centre facilities and operations. We plan to change this in the coming years and set the standard for data centre infrastructure in India."

Alongside Foust, Bridge Data Centres was also founded by Kris Kumar in partnership with Bain Capital. The company was established to server the wave of demand being generated, through the creation of reliable and scalable infrastructure and operations across India.

The company claims the Indian market is seeing a dramatic growth in data centre demand and current data centre capacity in India falls short of global standards in design, construction and operations.

The arrival of global customers in India is forcing the industry to change, and Bridge Data Centres says they are ready to lead this change by delivering a new level of value to customers in a high-growth technology ecosystem that relies on data centre infrastructure for its operations.

Kris Kumar, CEO of Bridge Data Centres adds, "we are targeting a mix of acquisitions and greenfield investments depending on individual market dynamics and availability of opportunities.”

“Our program is predicated on assembling a portfolio of high quality facilities that meet global standards of design, construction and operations.”

“We plan to bring a differentiated product into the country that will define reliability, efficiency and scalability.”

Kumar continues, “by bringing a laser-sharp focus to our business model and offering in a market that is ripe for disruption, we will 'stick to our knitting' and operate in a space we know best."

Bridge Data Centres is currently focusing on India and Asia Pacific as key markets for its first stage investments.

Going forward, it aims to expand across APAC including Australia, China, Japan, Hong Kong, Indonesia and Philippines.

Apple's AirPods now come with 'Hey Siri' functionality
The new AirPods come with a standard case or a Wireless Charging Case that holds additional charges for more than 24 hours of listening time.
Dynatrace takes pole position in APM Magic Quadrant
It placed highest on Ability to Execute and furthest on Completeness of Vision in the 2019 Quadrant for Application Performance Monitoring (APM).
HCL and Xerox expand strategic partnership
Under the terms of the agreement, HCL will manage portions of Xerox’s shared services, including global administrative and support functions.
Avaya expands integration with Google Cloud AI
This includes embedding Google’s machine learning within conversation services for the contact centre, enabling integration of AI capabilities.
Forrester names Crowdstrike leader in incident response
The report provides an in-depth evaluation of the top 15 IR service providers across 11 criteria.
Poly appoints new A/NZ managing director, Andy Hurt
“We’re excited to be bringing together two established pioneers in audio and video technology to be moving forward and one business – Poly."
Gartner: Local server revenue up by a quarter, shipments down
In Australia, server revenue increased 24.7% in 4Q18, while shipments declined 5.3%.
HPE launches 'right mix' hybrid cloud assessment tool
HPE has launched an ‘industry-first assessment software’ to help businesses work out the right mix of hybrid cloud for their needs.