Malaysia has emerged as a leading player in the global data centre market, attracting billions of dollars of investment from global technology companies, according to Juwai IQI, Asia’s largest real estate technology company.
In the forecast for the data centre market in the country report released yesterday, Juwai IQI co-founder and group CEO Kashif Ansari said the Covid-19 pandemic had altered the dynamics of cloud-based tools.
“The pandemic has made broadband connectivity and cloud-based productivity tools more important than ever in the daily lives of Malaysians. And the reshuffling of supply chains during reduced business travel has made cloud-based tools and services a more critical element of economic growth than before the pandemic,” said Ansari.
“Malaysia has emerged as a top Asia-Pacific region (Apac) data centre market because of supportive government policy, high levels of connectivity, a large population, abundant cost competitive land, inexpensive sustainable energy, and its geographical position at the heart of Asean and next-door to Singapore.”
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EN: The Sun Daily, Business Today
BM: Berita Harian, Dagang News
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