The rapid digitisation ushered in by the pandemic has witnessed organisations shifting their mission-critical workloads to the Cloud. The rush to migrate to the Cloud is so fast that Gartner estimates that nearly 95% of the new digital workloads will be managed on Cloud-native platforms by 2025.

The BFSI sector has been expending considerable efforts to reinvent its operations, especially given the sweeping tide of digital models and changing consumer behaviours. Consumers today expect near-instant, personalised and seamless servicing across channels - online, mobile, and in-person.

Technological prowess drives these changes, fuelling financial institutions to embrace the Cloud. This is where the Financial Cloud comes into being. It renders better growth, speed, innovation, security, and compliance across all the operational facets - front, middle, and back office.

IT infrastructures are becoming more complex to handle by the day. Data Centers (DCs) are now burdened with high-speed loads with Cloud applications on the rise. Accordingly, there is a rising need for DCs to become more reliable and secure, embracing the powers of low latency, interconnectivity and bandwidth.

Technological advancements have introduced yet another set of phenomena - Software Defined Networking (SDN) and Software-Defined Data Centers (SDDC).

In 2020, the SDN market was valued at an estimated USD 9.2 billion, predicted to reach USD 35.6 billion by 2026. On the other hand, the SDDC global market was valued at USD 43.7 billion in 2020 and is poised to reach USD 120.3 billion by 2025.

As Cloud services take Enterprise IT by storm reinforcing the pivotal role played by Data Centers to manage corporate data, the next move calls for Data Centre Infrastructure Management (DCIM).

In laying the context, the Global DCIM market is quite the talk at business conferences. Valued at USD 1692.5 million in 2021, the DCIM market is poised to surpass USD 3148.6 million by 2028 at a CAGR of 10.9% during this period.

Did you know that approximately 500 hours of video content is uploaded to YouTube every minute globally? Mindboggling, isn’t it? This is just one scenario that indicates the massive role of content in today’s internet-savvy consumer markets.

With an increasing number of organisations accelerating their digital transformation efforts, the worldwide spending on Cloud computing is expected to be over USD 1.3 trillion by 2025.

Ever since the COVID 19 pandemic hit, there has been a paradigm shift in the way consumers and businesses perceive digital services. From retail to entertainment, education, finance, and business services, there has been a massive transition to digital-first interactions between consumers and businesses.

With Cloud growth sweeping the businesses off their feet, the demand for Data Centers as spurred by social media companies and Cloud service providers has spiked to an all-time high.