NTT announced new data center in Paris as part of $10 bn investment plan

Global IT infrastructure and services company NTT Ltd announced on Wednesday that its Global Data Centers division will develop and operate its first data center campus in Paris. This market addition is part of NTT’s global expansion efforts. In the recent time, the company has announced new data center campuses in Virginia in the US, and Noida and Chennai in India. 

All these development plans are part of NTT’s over $10 billion investment in data center growth for fiscal years 2023-27.The company also claims that it will drive towards achieving net-zero emissions target for its own operations including sourcing 100% renewable energy by 2030.

The Paris data center campus would be spread over approx. 35.5 acres and support a planned capacity of 84 MW of critical IT load across three data centres.

“This investment complements our existing and growing presence in Frankfurt, London and Amsterdam, and will complete our footprint in the FLAP Tier 1 markets in Europe,” said Florian Winkler, Chief Executive Officer EMEA and Global Chief Operating Officer, NTT Global Data Centers. “We will develop our presence in the Paris metro area in close partnership with the local municipalities, partners, and the government. The addition of Paris builds upon our long-term proven track record of developing and operating in continental Europe and the UK and is a precursor for NTT’s further expansion and growth in both, existing and additional new markets in Europe.” 

In related but separate news, as per data compiled by VCCEdge, in the year ended March 2023, the data centre arm of NTT India contributed around three fifth of the total revenues and over 90% of its net profit in the country. Indeed, if the projected revenues of the year ending March 2024 is accounted for, the data centre is likely to be more than twice the size of its other sister company. NTT Global Data Centers & Cloud Infrastructure India is likely to cross ₹3,000 crore topline mark in the current year.