Latest news with #Rajgopal
Entrepreneur
25-06-2025
- Business
- Entrepreneur
NxtGen Bets Big on Demand for High-Performance Data Centres
Its GPU capacity is expected to double within this financial year, and we aim to sustain that growth trajectory over the next two years You're reading Entrepreneur India, an international franchise of Entrepreneur Media. The hills of Ramanagar district, 60 kilometres away from the IT hub of Bengaluru, is most famously known for the shooting spot of Bollywood cult movie Sholay. The hills will still remind you of Gabbar Singh's legendary dialogues in the 1975 blockbuster. But, this story isn't about Sholay. Cut to the modern artificial intelligence (AI)-driven era of technology. And, in the vicinity of these hills, you see NxtGen's massive data centre standing tall on a hillock in the Bidadi Industrial area of Ramnagar. In 2012, A.S. Rajgopal embarked on the journey of founding NxtGen, where he has been instrumental in steering its remarkable growth over the past decade. The company's flagship high-density data centre facility, sprawling over 10 acres of land in the Bidadi today serves more than 900 customers across the country. NxtGen operates two cloud platforms – SpeedCloud built on Red Hat OpenStack and OpenShift application platforms and three industry vertical clouds for the Government, Financial Services, and Healthcare sectors. A.S Rajgopal, CEO & MD at NxtGen Cloud Technologies NxtGen Cloud Technologies was incorporated in August 2012 and commenced operations in 2014. Today, it is on an expansion mode and its overall cloud capacity is growing at 32 per cent annually, supported by a consistent 24 per cent CAGR from existing captive customers over the past 5 years. "Our GPU capacity is expected to double within this financial year, and we aim to sustain that growth trajectory over the next two years," says Rajgopal, CEO & MD at NxtGen Cloud Technologies. Currently, NxtGen operates five large-scale datacenters that power its sovereign cloud operations. Collectively, these support: over 400,000 virtual CPUs, 1.6 million GB of memory, 200,000 TB of high-performance storage, and 140,000 TB of archival storage. "Our flagship Bengaluru facility is purpose-built for high-density workloads and houses a large GPU cluster, including NVIDIA H200, AMD, and Intel GPUs. This site is central to enabling India's enterprise-scale AI adoption," says Rajgopal. Future Growth The demand for high-performance data centres is being driven by clients' ongoing digital transformation as they modernize legacy systems and deploy cloud-native applications. There is also an uptick in generative AI (GenAI) adoption and demand for sovereign cloud infrastructure. "In just the last 3 months, we have built over 40 enterprise-specific AI use cases, signaling growing traction. There has been an increase in demand for sovereign cloud infrastructure in government, BFSI, and healthcare sectors, aligned with national priorities for data protection and self-reliance," says Rajgopal. NxtGen is also focussing on industry-specific value creation. It has a dedicated Government Cloud for hosting population-scale applications such as those for the Election Commission of India. It has a Financial Services Cloud pre-integrated with over 800 regulatory and operational controls, offering compliance-ready infrastructure. "We are expanding our offerings in healthcare and manufacturing, tailored for sector-specific needs. SMEs are showing strong uptake of our SpeedCloud platform for cost-efficient digital transformation," says Rajgopal. Asked about his future plans, Rajgopal says, "Our short-term focus is on scaling and hosting enterprise-grade AI use cases that can stand the test of time. We anticipate compute requirements reaching 300 KW per rack, far beyond traditional datacenter capabilities, making infrastructure modernisation imperative. The AI landscape is evolving rapidly, and our goal is to remain agile, providing our customers with the best mix of technology, scalability, and talent access." NxtGen has secured up to Series B funding rounds with investments from renowned entities such as the International Finance Corporation, Intel Capital Corporation, and Iron Mountain.
Time of India
30-05-2025
- Politics
- Time of India
Missing Komatireddy and Vivek families in PAC sparks buzz in Cong over cabinet berths
1 2 Hyderabad: Two missing names – Komatireddy Rajgopal Reddy and G Vivek Venkatswamy – in the all-important political affairs committee (PAC) of the state Congress announced on Thursday has created a buzz in party circles about the high command's plans for the two politically important families. The talk in party is that the Komatireddy and Vivek's families may get representation in either the cabinet expansion or the working presidents' posts. That's something other aspirants are keen on stopping. These competing aspirants have sent letters to the leadership in Delhi, stating that Venkat Reddy is already a minister and another cabinet berth for his younger brother Rajgopal should not be allowed. They also pointed out that three tickets were given to Vivek's family, including two MLA and one MP ticket – all three were won by them. But both Rajgopal and Vivek have maintained that without them the Congress would not have managed the slender margin with 64 seats in the assembly. The two were also reportedly promised cabinet berths on their return to the Congress before assembly polls. On Friday, the meeting of TPCC top guns with Congress chief Mallikarjun Kharge was cancelled. TPCC president B Mahesh Kumar Goud said that another date would be fixed and maintained that they were expecting the cabinet expansion soon. "We followed social justice by giving representation to all castes and communities in the five committees announced on Thursday. District representation was also taken into consideration. It was ensured that veterans and young blood were given opportunities. The composition of the new TPCC team comprising working presidents, vice-presidents and general secretaries will see maximum representation from SCs, STs, and BCs. I have personally urged the party high command to give more berths in the cabinet to BCs," Mahesh Goud said. In response to media queries over the missing names in the five committees, Mahesh Goud said that all the ministers are special invitees to the PAC meeting. "We could not have named all the ministers in the PAC, but they can attend the PAC meeting as special invitees," he said. A senior AICC leader said the party high command is likely to announce four working presidents and several vice presidents without any more consultation with the TPCC as all the details have already been submitted by the state leadership. However, there is no clarity on the cabinet expansion date.
Business Times
24-05-2025
- Business
- Business Times
Salesforce is back in talks to acquire Informatica
[NEW YORK] Salesforce is in talks to acquire software company Informatica, rebooting a pursuit that fell through last year, sources familiar with the matter said. If a deal is reached, it could be announced as soon as next week, according to the sources, who asked to not be identified because the discussions are private. No final decision has been made and talks may still falter or another buyer could emerge, they said. Cloud Software Group, formerly known as Citrix Systems, has been interested in the asset too, the sources said. Shares in Informatica rose as much as 28 per cent on Friday (May 23) for their biggest intraday gain. The stock closed up 17.5 per cent in New York, giving the company a market value of about US$6.8 billion. Salesforce finished the session 3.6 per cent lower for a market capitalisation of around US$262 billion. Redwood City, California-based Informatica also has about US$1.9 billion in total debt, data compiled by Bloomberg show. Representatives for Salesforce and Cloud Software Group declined to comment. Spokespeople for Informatica and private equity firm Permira, which backs Informatica, did not immediately respond to requests for comment. Informatica, which helps customers manage their data in the cloud, has long been a potential takeover target. San Francisco-based Salesforce held talks to buy the company just over a year ago, Bloomberg News reported at the time. The talks cooled with the parties struggling to agree to terms. A deal would represent one of Salesforce's biggest-ever acquisitions. It could be strategic given the intensifying competition in the market for artificial intelligence-driven databases, Bloomberg Intelligence analyst Sunil Rajgopal wrote in a note on Friday. But overlap between Informatica and Salesforce's MuleSoft unit could attract regulatory scrutiny, Rajgopal wrote. Informatica was taken private in 2015 by Permira and the Canada Pension Plan Investment Board (CPPIB) in a US$5.3 billion transaction. They took the company public again in 2021. Permira, with almost 32 per cent of Informatica's shares, remains the company's largest stockholder, according to data compiled by Bloomberg. CPPIB owns about 25 per cent of the shares. BLOOMBERG
