EbixCash Partners with ITI Limited to Manage Data Center-1 under Government of India Initiative
Team Finance Saathi
12/Dec/2024
What's covered under the Article:
- EbixCash awarded a 5-year contract by ITI Limited to operate and manage Data Center-1 under a government initiative.
- The contract includes critical data center activities like administration, operations, and customer support, valued at ₹100 Crore.
- EbixCash’s expertise in data center operations and management supports the growth of India’s digital infrastructure.
Eraaya Lifespaces Limited, a company recognized for its innovative solutions, has made significant strides in the Indian technology and infrastructure sector through its subsidiary EbixCash. Recently, EbixCash was selected as a Technology Partner by ITI Limited, a Central Public Sector Undertaking (PSU) under the Ministry of Communications, Government of India. This prestigious collaboration marks an important milestone in the Indian data center industry.
Under this agreement, EbixCash will be responsible for the operation and management of ITI Limited’s Data Center-1 in Bengaluru, a state-of-the-art facility that is MeitY-empanelled. The contract, which spans five years, is valued at over ₹100 Crore. EbixCash will handle a range of critical activities, including data center administration, pre-sales support, customer engagement, operation and maintenance, as well as marketing and customer relationship management.
The Data Center-1, located in Bengaluru, is a TIA-942 Tier-3 certified facility, ensuring high levels of security and availability. With 99.982% availability, the facility adheres to international standards, providing uninterrupted services for clients across various sectors, including BFSI, government organizations, and enterprise customers.
EbixCash brings extensive experience to this role, having previously managed critical data centers for clients in the BFSI sector, defense, and enterprise markets. Their expertise in designing, building, and managing data centers is further validated by their work on over 40 data centers and disaster recovery sites.
ITI Limited, established in 1948, plays a key role in India’s telecommunications and digital transformation efforts. The company provides a variety of telecommunication equipment, broadband services, and network solutions while supporting national initiatives like Make in India and Digital India. As a central PSU, ITI Limited continues to contribute significantly to the nation’s technological infrastructure.
Through this partnership, EbixCash will help ITI Limited enhance its operational capabilities, offering managed services, cloud solutions, and more to meet the growing demand for secure, reliable data storage and management in India.
The Upcoming IPOs in this week and coming weeks are International Gemmological, Hamps Bio, NACDAC Infrastructure, Transrail Lighting, Identical Brain Studios, Rosmerta Digital, Indo Farm and Avanse Financial.The Current active IPO is and Yash Highvoltage, Inventurus Knowledge, Sai Life Sciences, Mobikwik, Vishal Mega Mart, Supreme Facility, Purple United, Jungle Camps and Toss The Coin.For more details on upcoming IPOs, you can visit our page at Best IPO to Apply Now - IPO List 2024, Latest IPO, Upcoming IPO, Recent IPO News, Live IPO GMP Today - Finance Saathi and stay updated with the latest news on IPO updates on Top News Headlines - Share Market News, Latest IPO News, Business News, Economy News - Finance Saathi.Join our Trading with CA Abhay Telegram Channel for regular Stock Market Trading and Investment Calls by CA Abhay Varn - SEBI Registered Research Analyst & Finance Saathi Telegram Channel for Regular Share Market, News & IPO Updates. Start your Stock Market Journey and Apply in IPO by opening a Free Demat Account in Choice Broking FinX.
Related News
Disclaimer
The information provided on this website is for educational and informational purposes only and should not be considered as financial advice, investment advice, or trading recommendations.
Trading in stocks, forex, commodities, cryptocurrencies, or any other financial instruments involves high risk and may not be suitable for all investors. Prices can fluctuate rapidly, and there is a possibility of losing part or all of your invested capital.
We do not guarantee any profits, returns, or outcomes from the use of our website, services, or tools. Past performance is not indicative of future results.You are solely responsible for your investment and trading decisions. Before making any financial commitment, it is strongly recommended to consult with a qualified financial advisor or do your own research.
By accessing or using this website, you acknowledge that you have read, understood, and agree to this disclaimer. The website owners, partners, or affiliates shall not be held liable for any direct or indirect loss or damage arising from the use of information, tools, or services provided here.