In a bid to achieve 40% annual growth in cloud operations, Tata Communications is planning to set up necessary storage infrastructure in countries of operations to win over local business by addressing its concerns on overseas data storage. Various governments, including India, have been pushing companies to set up their servers locally so that most of the data transmitted through e-mail or messaging services and stored online do not go out of the country.
The company is looking at expanding cloud services in Europe and the Asian region. The company is also investing in new technologies to help its customers digitize their business. The company is expecting its new services business like mobility, unified communications, video streaming and the like will significantly push data services and cloud business.
Tata Communications is engaged in providing telecommunications, broadcasting, and information supply services. The company operates through voice solutions and data managed services segments.
