ST Telemedia acquires land for flagship Singapore data centre
Tue 17 Mar 2015
Singapore Technologies Telemedia (ST Telemedia) has announced today that it has completed the acquisition of land to build a new cutting-edge data centre facility in Singapore.
According to an ST Telemedia spokesperson, the flagship data centre will be crucial in the global investors’ long-term data centre investments.
The new facility will be located in the Defu Lane development, in close proximity to a number of mature data centre sites. Built with the highest Tier III industry standards, the 15,000 sq.ft centre is designed to meet critical energy efficiency certifications including BCA-IDA Green Mark and LEED.
The ST Telemedia data centre will be supported by a panel of industry experts with strategy execution capabilities and strong relationships in the sector.
The move follows the communications, media and technology investors’ funding of Chinese carrier-neutral data centre service provider, GDS Services in August of last year.
“We are entering the data centre market at an opportune time when the Singapore Government is pushing forward its vision to be the world’s first Smart Nation and data centres are important infrastructure to support this,” said ST Telemedia executive director Sio Tat Hiang.
In a statement the firm suggested that the new facility would be carrier-neutral, and will offer scalable services, including physical and virtual colocation connectivity and infrastructure management top support the growth of cloud computing in the region.
Globally the demand for data centre space is outstripping supply, and in Singapore this trend is mirrored due to the increasing digitisation of enterprise and the growing number of online users.
According to research conducted by BroadGroup in 2014, utilisation of data centre space in Singapore is expected to stay strong, reaching nearly 90% by 2018.
Singapore currently sits as Asia’s leading internet connectivity spot and Southeast Asia’s largest data centre hub. The region hosts the national or APAC headquarters of over 80% of the top 100 global software and services companies.