It has long been the domain of the largest US technology companies to handle cybersecurity. But as India’s digital economy grows, Yotta Data Services, led by Darshan Hiranandani, introduced its cybersecurity package, Suraksha, in 2022 to counter new threats. It competes with industry heavyweights such as Cisco, Microsoft, Palo Alto, and IB in markets expected to grow from their present $5–6 billion valuation to $10 billion by 2029.
Leading India’s entry into the hyper-scalable data center space is Yotta Data Services, a business under the direction of entrepreneur and visionary leader Darshan Hiranandani. Utilizing the Hiranandani Group’s experience in data center management, real estate, and power generation, Yotta provides its users with a special combination of cost-effectiveness, scalability, and flexibility.
“An age of data necessitates an age of security to safeguard data.”
Yotta is now a major player in India’s data center market thanks to Darshan Hiranandani’s vision and leadership, which has also greatly aided in the expansion of the nation’s digital infrastructure. The group’s diversification into burgeoning industries like data centers, cloud computing, and energy is credited to him as the driving force behind it. Yotta is a moniker that represents his ambition of building an ultra-scalable data center ecosystem for India’s growing digital needs. It is derived from the highest decimal unit prefix, which signifies tremendous scale. With his visionary leadership and Yotta’s creative methodology, he is well-positioned to transform the Indian data environment, enabling companies and influencing the country’s digital future.
Given the quick advancements in data-intensive applications like cloud computing, market simulations, artificial intelligence, machine learning, and a plethora of other digital services, data security is a major worry in the twenty-first century.
The Indian Computer Emergency Response Team reports that between 2020 and 2022, there were 1.3 million cybersecurity occurrences in India. With more than 800 million people using the Internet, cybersecurity incidents are a matter of “when,” not “if,” given the government’s emphasis on the Digital India initiative. While PwC’s 2023 Global Risk Survey of 3,910 responses from business and risk management leaders shows weak confidence in cybersecurity, with 38% of respondents stating their company is highly exposed to cyber threats, Palo Alto Networks showed a 50% increase in cyberattacks on Indian government services in 2022–2023 alone. There were 163 Indian organizations in the survey.
Although American IT companies have long been leaders in cybersecurity, Yotta Data Services, under the direction of Darshan Hiranandani, introduced Suraksha, a cybersecurity suite, in 2022 to address changing risks as the Indian digital economy developed. It now competes in a market that is expected to grow from the current $5–6 billion to $10 billion by 2029, alongside major competitors like Cisco, Microsoft, Palo Alto, IBM, etc.
Therefore, it stands to reason that companies like Yotta, which is spearheading the race to build domestic hyperscale data centers and cloud platforms in India, will also make significant and active investments in safeguarding capital and data via the creation of cybersecurity policies, evaluation of organizational cybersecurity, integration of IT and OT, and cybersecurity testing.
In its part, the government put the Digital Personal Data Protection Act 2023 into effect. This law represents the first “cross-sectoral law” pertaining to data protection. The arduous process of legislative work required to implement the legislation demonstrated the gravity of cybersecurity concerns. Phase-III of the Information Security Education and Awareness Project has also been approved by the Ministry of Electronics and Information Security. This project aims to increase public awareness of cybersecurity and well-being through the use of “cyber-aware digital naagriks,” research and education funding, training, and certification programs.
India has never faced a project as massive as the digital migration initiative. A long-term endeavor, success will necessitate a sophisticated and intricate partnership between national and international private businesses, government agencies, and civil society organizations. According to sources, over $130 million in funding has already flooded into Indian cybersecurity businesses in the last two years; a large portion of this development is dependent on AI acceleration. The cybersecurity market will inevitably grow and mature in tandem with the increasing adoption of cloud technology and data-intensive applications by Indian businesses, such as Yotta Data Services founded by Darshan Hiranandani. The Hiranandani Group’s optimism should encourage more indigenous companies to aim for long-term market leadership.