LexisNexis Risk Solutions announced the opening of its first data centre in India, offering superior data security by storing data locally. It is the company’s first step in enlarging its data centre footprint in Asia Pacific, and it will only service Indian clients.
The usage of smartphones and apps is growing rapidly in India, which the country’s Ministry of External Affairs predicts will have a US$1 trillion digital economy by 2025. According to the Reserve Bank of India, between 2014 and 2019, India’s digital economy grew 2.4 times faster than the nation’s overall economy, significantly contributing to the expansion of the country.
The new data center will support the rapid rise in demand for data and help Indian and multinational companies doing business locally through access to LexisNexis ThreatMetrix, an enterprise solution for digital identity intelligence and authentication, as well as advanced behavioral biometrics technology with LexisNexis BehavioSec.
