Tier-2 cities are new frontiers for technology investors, says Imperva CTO
The Indian Government is leading in building data centres to keep data in the country while 45 new data centres with a combined 13 million square feet are scheduled to be developed by the end of 2025, according to Los Angeles-based Kunal Anand, CTO and CISO of Imperva.
He has also highlighted the continuing development of technologies in India, with new hubs being set up in Tier-2 cities.
“These Tier-2 cities are the new frontiers for technology investors as they are more cost-efficient with high-quality talent and more opportunities for land development,” said Anand, who is working on doubling the Imperva’s headcount at its four-year-old 90-man Bengaluru office.
He also noted that institutions such as RBI are working with the biggest players in Financial Services Industry on actual security mechanisms to tackle cybersecurity problems directly.
“This isn’t about creating regulations for the sake of regulation; rather, it mirrors the government’s commitment to fostering a robust and self-reliant digital ecosystem,” he said at the Singapore International Cyber Week held Oct 17-19.
“India now has Venture Capital as an industry. Venture funds and sovereign funds are being directly invested in India. With an economic incentive to stay in India, the brain drain India had experienced is no longer happening,” says Anand.
Talents are returning home post-studies, contributing to the highly advanced technological architecture being built. They are approaching security as a first principle, Anand observed.
India has done a good job observing what is happening in the East and West and blending the best parts into the country.
“What is happening in India is not happening in the rest of the world in technology term and advanced cyber security,” said the globe-trotting Anand who spends four months a year in India.
But he also warned against complacency and the cyber security threats, pointing out that challenges around supply chain security need to be tackled head-on. Fiinews.com
