LexisNexis Risk Solutions launches first Asia-Pacific data centre in India

LexisNexis Risk Solutions, a US-based data and analytics company, on Thursday announced the launch of its first data centre in India, providing advanced data protection by keeping information locally. It is the first step in expanding the company’s data centre footprint in Asia Pacific and will serve customers in India exclusively.

The use of smartphones and apps is skyrocketing in India as the country is expected to become a $1 trillion digital economy by 2025, according to India’s Ministry of External Affairs. The Reserve Bank of India indicates that India’s digital economy grew 2.4 times faster than the country’s economy overall between 2014 and 2019, playing a key role in the nation’s growth.