Tag Archives: services

According to the report published by Allied Market Research “The Web Hosting Services Market Size Reach USD 183 Billion by 2027, Key Factors Behind Market’s Growth.” These players have adopted different strategies such as new product launches collaborations expansion joint ventures agreements and others to increase their market share and maintain dominant shares in different regions.

Increase in the number of organizations around the globe and their efforts to have online presence, proliferation of mobile marketing platforms, availability of web hosting services with excellent server performance, rise in demand for managed web hosting services, and surge in call for best hosting services during COVID-19 pandemic drive the growth of the global web…

Hyderabad-based CtrlS Datacenters that commenced business over 15 years ago with its first data center in its home city and provides infrastructure for dedicated hosting and co-location services to its customers recorded a strong growth in the year ended March 2023 even as one of its two units shrank in size.

The company that has nine operational data centres at four locations — Mumbai, Hyderabad, Noida and Bengaluru, grew its topline around 20% during FY23, for the third consecutive year due to rack capacity addition, better capacity utilisation and increase in lease rates.

This took it past the ₹1,000 crore milestone even as the company has been facing a margin squeeze with both net and EBITDA margin shrinking to the lowest level in past four years, as per data collated by…

Following increased demand for managed hosting and data centre services, CWCS Managed Hosting has acquired a 9,300 sq ft building in Nottingham to increase the company’s data centre footprint.

Headquartered in Nottingham, with locations throughout the UK and USA, CWCS provides 24/7/365 enterprise-grade infrastructure for mission critical data systems, websites and applications through a choice of cloud, bare metal, dedicated servers, and colocation services.

The acquisition of the new site follows extensive research and the data centre is due to be online in 2024. The announcement forms part of CWCS’s strategy to support growing demand from existing and new customers, as well as supporting the growth for current and future acquisitions.

Karl Mendez, Managing Director of CWCS…

Binance, the world’s largest cryptocurrency exchange, is disabling all its Naira services from March 8 amid the company’s regulatory troubles in Nigeria, the company shared in a statement on its app. The company, which is at the centre of a crypto crackdown in the West African country, will stop naira deposits after March 5, while withdrawals will end on March 8. 

“Any remaining NGN balances in users’ Binance accounts will be automatically converted to USDT,” the exchange said in a statement on Tuesday. Binance will also delist all existing NGN spot trading pairs on March 7. The naira will be removed from the list of supported payment options on Binance Pay, the exchange’s payment solution.

The…

According to the report published by Allied Market Research “The Hosting Infrastructure Services Market Size Reach USD 32.5 Billion by 2031.” These players have adopted different strategies such as new product launches collaborations expansion joint ventures agreements and others to increase their market share and maintain dominant shares in different regions.

Surge in demand for low-cost IT infrastructure, rise in need of faster data accessibility and reliability, increase in the number of small & medium businesses in various countries across the globe, and rapid growth of cloud technology are expected to drive the growth of the global hosting infrastructure services market. Increase in the number of smartphone users, surge in internet penetration,…