IT Minister K T Rama Rao said Microsoft would be investing Rs. 15,000 crore over a period of 15 years to set up its fourth and largest datacentre in the Hyderabad region.
![[24]7.ai plans to hire 1k people for Hyderabad office](https://it.telangana.gov.in.revision.show/wp-content/uploads/2021/11/247-ai.jpg)
US-based customer experience software and services company [24]7.ai is in the process of creating a hub-and-spoke model in the ITeS services industry.
Hyderabad is emerging as a hotspot in the data centre space, driven by industry-friendly policy incentives, reliable power supply and economical setup costs.
The investment is for setting up an AWS Region with three Availability Zones (AZs) in Hyderabad. The AWS Asia Pacific (Hyderabad) Region is expected to start operations by mid-2022.
Even as the conventional real estate asset classes battle Covid-19 blues, data centres and warehouses are two new asset classes that are seeing a sudden spurt in demand in the city in the midst of a pandemic, said a Knight Frank report on Wednesday.
Giving a new fillip for development of the IT industry in Hyderabad, the State Cabinet approved a Grid policy (Growth in Dispersion) to ensure that the companies are spread across the city.
This collaborative initiative to support the startup ecosystem, will work with startups from several incubators and outside.
The umbrella organisation for operating retail payments and settlement systems in India National Payments Corporation of India (NPCI) is all geared-up to launch its own smart data centre in Hyderabad.
US-based chip company Intel has opened its design & engineering centre in Hyderabad, which will design next generation computing and communications technology.
Flipkart’s Chief Corporate Affairs Officer, Rajneesh Kumar said in the growing company’s e-commerce business datacentres play a critical role in serving sellers and customers better.
The IT, E&C Department leverages Information Technology not just for effective and efficient governance, but also for sustainable economic development and inclusive social development. On the supply side, the Digital Telangana aims to ensure digital facilities become available to each and every person in the state. On the demand side, it aims to provide digital citizen services and make people digitally literate and empowered so that they can make best use of these services. Learn more about the gamut of initiatives under the broad umbrella of Digital Telangana.
