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Artificial Intelligence

‘Benchmark 2023’ organised by CFS, SPJIMR




Centre for Financial Studies (CFS), S.P. Jain Institute of Management and Research (SPJIMR) is organising a one of its kind practitioner-focused research contest that aims to enhance industry-academia engagement.

The Contest constitutes of two tracks:

  • Doctoral Track for participants with a PhD, working as a faculty or researcher and participants currently pursuing a PhD programme at any of the leading institutes; in India or abroad.
  • Young Scholars Track for participants from Engineering colleges, Business Schools or other leading undergraduate programmes in India or abroad.

The submissions will be judged on practitioner implications. The top three papers will be awarded cash prizes as below:

Doctoral Track*

Young Scholars Track

First: Rs. 1,00,000/-

Second: Rs. 75,000/-

Third: Rs. 50,000/-

First: Rs. 75,000/-

Second: Rs. 50,000/-

Third: Rs. 25,000/-

*Doctoral Track:

In addition to cash prizes, the participants ranking first and second under the Doctoral Track
would be eligible to apply for Faculty positions at SPJIMR and would be invited for Faculty
Research Seminars.

The Contest calls for original research papers in Finance focusing on a research question based on one of the themes outlined below:

  • Financial Innovation, which includes FinTech, ESG, and innovative ideas or practices in Finance
  • Markets & Risks which includes all areas of Financial Markets and Risk Management

The participants may choose a research question pertaining to any area in the above-mentioned topics or choose to research in one of the four specific sub-themes given below.

Sub Themes:

  1. Payment gateways, including virtual cards, voice payments and blockchain technology
  2. Artificial intelligence predictions, big data growth and smart algorithms
  3. Eco-system enablers required for the participation of Indian Banks for financing M&A transactions in the country*
  4. Proactive role of players in the country’s financial sector in effective ESG framework adoption*

*The best research papers in the sub-themes numbered 3 and 4 above will receive an honorarium of Rs. 10,000/- each from SBI Capital Markets Ltd. for each of the tracks – Young Scholars & Doctoral. This honorarium is over and above the cash prize that will be awarded to the winning teams.

The last date for registration is January 31, 2023, and for abstract submission, Feb 15, 2023.

For more details visit:

Artificial Intelligence

MWC 2024 | Huawei Multilayer Ransomware Protection (MRP) Solution Becomes the First to Get Tolly-certified




BARCELONA, Spain, Feb. 28, 2024 /PRNewswire/ — At MWC Barcelona 2024, Huawei’s Multilayer Ransomware Protection (MRP) Solution was certified by Tolly Group, an authoritative international testing organization. The test results show that Huawei MRP detected 100% of the ransomware samples through network-storage collaboration. Network devices can perceive information and level of the ransomware, and collaborate with storage devices for blocking and protection, restoring services to the normal state.

Ransomware attacks continue to be a global threat, with the service, IT, and manufacturing industries being the primary targets. Therefore, it is crucial for enterprises to enhance the “immunity” of their data centers to protect against viruses and ransomware attacks, and to ensure the stable operation of their core service systems.
Huawei MRP solution is the first ransomware protection solution in the industry to achieve network-storage collaboration, and provides a two-line defense that includes six-layers of protection. The network is the first line of defense for security defense, providing intrusion prevention at the network border and intranet spread prevention. The storage is the last line of defense for data protection, providing storage protection, secure snapshot, backup protection, and isolation zone protection. The MRP solution builds an in-depth defense system with pre-, in-, and post-event phases, which complies with the Identify, Protect, Detect, Respond and Recover (IPDRR) cyber security framework of the National Institute of Standards and Technology (NIST). It is a systematic solution to defend against ransomware attacks, and it can better meet the requirements of global enterprises to provide high security for data center infrastructure.
The MRP solution test involves 21 test cases. The MRP solution passed all of them. The test covers collaborative detection, collaborative blocking, collaborative protection, and service recovery.
At MWC 2024, Kevin Tolly, founder of the Tolly Group, issued the “Huawei Multilayer Ransomware Protection (MRP) Solution” certificate to Huawei. He said, “This test covered all four aspects of ransomware protection, including virus detection, virus blocking, system protection, and system recovery. It used 21 typical test scenarios and is the most comprehensive and strict test that Tolly has conducted so far on ransomware protection. The test results show that the capability of Huawei MRP solution is industry-leading.”
For more information, please download the test report at: 
For details about Huawei MRP, please visit:
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Data Center Colocation Market to Reach $46.30 Billion by 2028, More than 5,175.6 MW Power Capacity to be Added in the Next 6 Years – Arizton




CHICAGO, Feb. 28, 2024 /PRNewswire/ — According to Arizton’s latest research report, the data center colocation market is growing at a CAGR of 7.25% from 2022 to 2028.

To Know More, Download the Free Sample Report:
Browse In-Depth TOC on the Data Center Colocation Market
932– Pages           238 – Tables           546 – Figures  
The Global Data Center Colocation Market Report Scope
Report Attributes
Market Size (2028)
USD 46.30 Billion
Market Size (2023)
USD 30.42 Billion
CAGR by Investment (2022-2028)
7.25 %
Market Size – Area (2028)
25.97 million Square Feet
Power Capacity (2028)
5,175.6 MW
Colocation Market by Revenue (2028)
USD 84.61 Billion
Base Year
Forecast Year
Market Segmentation
Colocation Service, Infrastructure, Electrical Infrastructure, Mechanical Infrastructure, Cooling Systems, Cooling Techniques, General Construction, and Geography
Geographical Analysis
North America, Latin America, Western Europe, Nordics, Central & Eastern Europe, Middle East, Africa, APAC, and Southeast Asia
The global data center colocation market is experiencing significant growth owing to the expanding use of IoT, cloud computing, and AI/ML technologies. Governments in various countries have launched digitalization initiatives to promote economic development, thereby boosting the operator confidence in managing data centers in the whole region. For example, the UK government implemented a cloud strategy to enhance the country’s adoption of cloud services. This has created a favorable environment for adopting cloud services among the Small and Medium-Sized Enterprises (SMEs) in Europe as businesses increasingly recognize the benefits of digital transformation. The considerable growth in demand for colocation data centers can be attributed to regional organizations continuing to migrate their workloads to the cloud. This has attracted investments from both local and global data center providers.
Growing M&A and Joint Ventures in the Data Center Colocation Market
In the global market, joint ventures and mergers and acquisitions are commonly used strategies for businesses to expand, collaborate, or restructure their operations. The data center industry has witnessed significant joint ventures, mergers, and acquisitions. Additionally, there is an influx of companies from the real estate industry acquiring data center companies to enter the market. These acquisitions and JVs provide opportunities for new players to enter the market, attract customers, and gain a larger market share. Private equity firms are rapidly expanding their investment, considering the increasing demand for data centers and better returns in the short term. New players are entering the market by acquiring existing data center operators or forming joint ventures. Several colocation vendors in the Latin America data center colocation market are actively participating in mergers and acquisitions. For instance, in March 2022, Equinix acquired four data centers of Entel, located in Chile and Peru. In December 2022, Aligned Data Centers agreed to acquire ODATA, marking the company’s entry into the Latin American market.
In Europe, colocation prices vary from country to country. Markets such as the UK, Germany, and France account for the highest colocation pricing in Europe compared to the other markets. The data center colocation market will continue to witness several mergers and acquisitions as large providers or investment trusts continue to propel their market share and presence in the region, thereby driving the colocation market growth. Retail colocation spaces will register a higher demand than wholesale colocation spaces in the region. Conversely, other European markets may offer more competitive pricing due to various factors, including lower operating costs, access to renewable energy sources, and emerging data center hubs. The colocation market in Western Europe is expected to witness several mergers and acquisitions as large providers or investment trusts aim to increase their market share and presence. This consolidation is anticipated to contribute to the continued growth and competitiveness of the European colocation market.
Geographical Overview
Many data center investments are witnessed in the US, driven by the deployment of 5G, technological advances, the adoption of Big data and IoT, digitalization, and the development of smart cities. The Southeastern region, particularly North Virginia, is considered the global data center capital, hosting a high concentration of facilities. Virginia, Texas, California, and Georgia are the top states attracting investments from global operators. In Arizona, businesses in FTZs can receive significant tax reductions. The Northeastern region faces space constraints for data center development, leading to expansions in large-scale colocation facilities. Salt Lake City experiences significant demand from the IT, cloud, entertainment, media, and retail sectors, while Chicago experiences rapid growth and is expected to continue expanding. The US data center colocation market is expected to see the entry of new players. In 2022, notable newcomers, such as AUBix, Edge Centres, Corscale Data Centers, Yondr, and Quantum Loophole, entered the market. However, these newcomers will face competition from both local and established global players in the market. The US data center colocation market is set to continue its revenue growth. This growth will be fueled by providers who construct new facilities and expand their existing capacities. In 2022, the US market experienced notable M&As due to increased industry demand. This led to data center suppliers entering M&A contracts to expand their portfolios. This trend is expected to persist throughout the forecast period. New entrants aiming to expand their revenue will also contribute to the growth of the colocation market in the US.
What’s Included
Comprehensive coverage of the global data center colocation market regarding investments and service revenue generated by operators in offering colocation services worldwide.Market estimations by investment, area, and power capacity globally and across key geographies – 8 regions and 50+ countries covered.The data center market investments are classified into multiple segments (electrical, mechanical, and general construction services) and sub-segments (UPS, generators, cooling systems, and others) with sizing and forecast.Market size and estimation for colocation services, i.e., revenue generated by colocation service providers offering retail and wholesale colocation services across 8 regions and 50+ countries.A detailed study of the existing market landscape, an in-depth industry analysis, and insightful predictions about the growth trajectory of the market and its sub-segmentsA comprehensive analysis of the key market enablers, latest trends, restraints, and growth prospects for the industryBusiness overview and service offerings of colocation service providers in the global market.A transparent research methodology and the analysis of the demand and supply aspects of the industry.The Global Data Center Colocation Market Report Encompasses Crucial Data, including:       
CAGR (Compound Annual Growth Rate) during the forecast period: This metric provides insights into the annual growth rate of the data center colocation market over the specified time frame.       
Detailed information on growth drivers: The report offers in-depth information on the factors that will propel the data center colocation market growth from 2022 to 2028. This includes an analysis of various market influences.       
Precise estimation of market size: Accurate assessments of the data center colocation market size and its contribution and focus on key market segments.       
Predictions about upcoming trends and changes in consumer behavior: The report offers insights into anticipated trends and shifts in consumer behavior that are likely to impact the data center colocation market, helping businesses prepare for future market dynamics.       
Geographical market growth: The report covers the development of the data center colocation market across different regions, including North America, Latin America, Western Europe, Nordics, Central & Eastern Europe, Middle East, Africa, APAC, and Southeast Asia. This provides a comprehensive understanding of the market’s global landscape.       
Competitive landscape analysis: A thorough examination of the market’s competitive landscape is presented, including detailed information about companies operating in the data center colocation market. This includes an overview of key players, their market share, strategies, and key developments.       
Analysis of growth challenges: The report includes a comprehensive analysis of factors that may pose challenges to the growth of companies in the data center colocation market, providing a well-rounded view of the market dynamics.
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Post-Purchase Benefit                        
1hr of free analyst discussion10% off on customizationProminent Data Center Investor
China Mobile InternationalChina TelecomChina UnicomChindata GroupCoreSiteCyrusOneDigital RealtyEdgeConneXEquinixGDS ServicesNTT DataSTACK InfrastructureST Telemedia Global Data CentresVantage Data CentersVNETOther Prominent Vendors
365 Data CentersAdaniConneXAfrica Data CentresAirTrunkAligned Data CentersAmerican TowerAtmanatNorth (Partners Group)AT TOKYOArubaBig Data Exchange (BDx)CDC Data CentresCenter3ChayoraCloudHQCologixColt Data Centre Services (Colt DCS)Compass DatacentersCOPT Data Center SolutionsCtrlS DatacentersCyxtera Technologies (Brookfield Infrastructure Partners)DATA4DataBankDC BLOXDCI IndonesiaEdge CentresePLDTFlexentialGlobal SwitchGreen MountainGulf Data HubH5 Data CentersHostDimeIron MountainInternet ThailandKDDIKeppel Data CentresKhazna Data CentersLG UplusMettaDCNEXTDCOpen Access Data CentresOrange Business ServicesPrinceton Digital GroupQTS Realty TrustRostelecom Data CentersSabey Data CentersSkybox DatacentersStream Data CentersScala Data CentersSify TechnologiesSUNeVison Holdings (iAdvantage)SwitchT5 Data CentersTenglong Holding GroupTierPointTurkcellUrbacon Data Centre SolutionsViettel IDCWinguYondrYotta InfrastructureNew Entrants
AQ ComputeCorscale Data CentersGaw Capital PartnersEDGNEX Data Centres by DAMACESRGatineau Data Hub (GDH)iMCriticalIXAfricaKasi CloudPowerHouse Data CentersQuantum LoopholeQScaleYCO CloudYTL Data CenterMarket Segmentation
Colocation Services
Retail ColocationWholesale ColocationInfrastructure
Electrical InfrastructureMechanical InfrastructureGeneral ConstructionElectrical Infrastructure
UPS SystemsGeneratorsTransfer Switches & SwitchgearPDUsOther Electrical InfrastructureMechanical Infrastructure
Cooling SystemsRacksOther Mechanical InfrastructureCooling Systems
CRAC & CRAH UnitsChiller UnitsCooling Towers, Condensers & Dry CoolersEconomizers & Evaporative CoolersOther Cooling UnitsCooling Techniques
Air-based CoolingLiquid-based CoolingGeneral Construction
Core & Shell DevelopmentInstallation & Commissioning ServicesEngineering & Building DesignFire Detection & SuppressionPhysical SecurityDCIM/BMS SolutionsGeography
North AmericaThe USCanadaLatin AmericaBrazilMexicoChileColombiaThe Rest of Latin AmericaWestern EuropeThe UKGermanyFranceNetherlandsIrelandSwitzerlandItalySpainBelgiumPortugalOther Western European CountriesNordicsDenmarkSwedenNorwayFinland & IcelandCentral & Eastern European CountriesRussiaPolandAustriaThe Czech RepublicOther Central & Eastern European CountriesMiddle EastThe UAESaudi ArabiaIsraelOmanQatarKuwaitJordanBahrainOther Middle Eastern CountriesAfricaSouth AfricaKenyaNigeriaEgyptEthiopiaOther African CountriesAPACChinaHong KongAustraliaNew ZealandIndiaJapanTaiwanSouth KoreaThe Rest of APACSoutheast AsiaSingaporeMalaysiaThailandIndonesiaPhilippinesVietnamThe Other Southeast Asian CountriesCheck Out Detailed TOC @
Key Questions Answered in the Report
How big is the data center colocation market?
What is the growth rate of the global data center colocation market?
What is the estimated market size in terms of area in the global data center colocation market by 2028?
What are the key trends in the data center colocation market?
How many MW of power capacity is expected to reach the global data center colocation market by 2028?
About Our Data Center Capabilities  
Arizton’s team of principal consultants and analysts work towards publishing extensive secondary and primary research that is credible, resourceful, and data-driven. With over 5 years of experience, Arizton has helped several Fortune 500 companies with data-driven insights that enabled them to expand their businesses to niche regions, added over a billion dollars in revenues, and effective go-to-market strategies. We offer various product portfolios to meet the client’s requirements, which align with their key business strategies and identify high-value growth avenues.  
Exhaustive syndicated reports, databases, country-wise market analysis, & customized consulting projects are published by our team of exuberant and well-experienced analysts who possess exemplary skills in advanced research practices, techniques, and ethics to outperform in fabricating impregnable research. Subscribe to our exhaustive portfolios to access premium research reports at competitive prices. Partner with Arizton for your next strategic business decision and gain a competitive advantage with real-time, data-driven research.  
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Data Center Power Market – Global Outlook & Forecast 2023-2028
Data Center Market – Global Outlook & Forecast 2023-2028
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Sustainable Data Center Market – Global Outlook & Forecast 2023-2028
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Company Sees Significant Expansion in Key Areas of People, Customers, Partners and Technology
ANDOVER, Mass., Feb. 28, 2024 /PRNewswire/ — In terms of growth and expansion, 2023 was a noteworthy year for Nextuple, a pioneer in transforming retail and grocery fulfillment. The company announced today key metrics that support its strong performance in the enterprise order management systems (OMS) market last year: over 100 percent growth in product revenue and 67 percent growth in Nextuple product-led implementations and engineering services revenue.

“During the last year, I’m very proud of the way everyone in the company has worked to innovate and grow Nextuple’s Order Management Studio products for the retail and grocery sectors—addressing the ever-changing challenges companies face when it comes to order fulfillment,” said Darpan Seth, chief executive officer at Nextuple. “We set out to disrupt the enterprise OMS software and services industry with our software, and the increase in both our product revenue and customers attest to the fact that we are accomplishing that mission. 2023 was an extremely successful year for us, and we look forward to growing our people, customers, channel partners and technology even more in 2024.”
Among the key milestones from 2023 that helped fuel the company’s growth:
Five national omnichannel retailers launched the Nextuple OMS Studio, a composable suite of microservices with a unique delivery model that allows companies to quickly respond to consumer demands for speed and convenience. These customer additions alone comprise $50 billion in annual revenue across 7,000 store locations.BJ’s Wholesale Club (BJ’s), with over $19 billion in annual revenue and more than 230 clubs, selected Nextuple’s OMS Studio as the retailer moves away from its legacy OMS inventory system and looks to modernize its overall inventory operations.Nextuple Expands Team with Two New Key Hires  
As Nextuple continues to expand deeper into the retail marketplace, the company has increased headcount by over 30 percent globally and also made two significant hires who bring decades of experience of building relationships and driving growth, and first-hand knowledge of how technology can solve omnichannel fulfillment challenges: 
Anshuman Jaiswal, Vice President, Growth Strategy and Operations: Previously, Jaiswal worked in an executive leadership capacity as part of the Digital Transformation practice at Kearney, a global management consulting firm. He has more than 20 years of industry and management consulting experience advising the C-suite and executive leaders globally on a broad range of topics.
David Howe, Director, Account Strategy and Customer Success: Howe was previously with Deloitte Consulting and, prior to that, worked in the eCommerce pickup and delivery space for Walmart. He has over a decade of retail experience, spanning both corporate and store operations.
Addition of Marketplace Partners Further Expands Technology Deployment
Additionally, Nextuple has recently signed multiple marketplace partnership agreements to enable its retail and grocery clients to simplify software licensing and procurement by leveraging their existing cloud-infrastructure partner relationships.
AWS Marketplace: An online software store that helps customers find, buy and immediately start using software and services that run on AWS.Google Cloud Marketplace: Lets customers quickly deploy functional software packages that run on Google Cloud.Azure Marketplace: Offers thousands of industry-leading apps and services—all certified and optimized to run on Azure—so customers can find, try, buy and deploy solutions quickly and confidently.”Of course, the foundation to Nextuple’s success is our ‘AI-first’ technology that provides a unique set of predictive and explainability features and functions that retailers can seamlessly deploy to immediately build value and enhance their OMS processes. We expect to continue to deliver industry-leading software that addresses retailers’ most pressing fulfillment pain points,” added Seth.
About Nextuple
Nextuple helps customer-centric retailers and grocers create and transform omnichannel fulfillment by using a microservices architecture. The Nextuple OMS Studio enables retailers to quickly extend and scale new fulfillment experiences to delight customers, create more omnichannel agility, and accelerate time-to-value. Nextuple has offices in Massachusetts, U.S., Ontario, Canada, and Bangalore, India. To learn more, visit us at, follow us on LinkedIn, or join the global OMS conversation with our Order Management Gurus community.
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