Oracle opens second Cloud Region in Saudi Arabia
Oracle, a global provider of cloud computing and technology solutions, has opened its second Cloud Region in the Kingdom of Saudi Arabia (KSA). The new Riyadh Cloud Region is part of Oracle’s US$ 1.5 Billion investment to cater to the needs of an economy undergoing rapid digital transformation. Saudi Arabia has an existing Oracle Cloud […]
Macquarie acquires first data centre in South Korea for US$538.4million
Macquarie Korea Infrastructure Fund (MKIF) expands digital portfolio with acquisition of its first data centre. According to the press release by MKIF, the hyper-scale data center facility was acquired from Seoul-based IGIS Asset Management Co. for KRW734billion (US$538.4 million). News that MKIF might purchase the facility first emerged in June 2024 and the official transaction […]
India added 71 MW of IT capacity in H1 2024: Savills Report
A recent report by Savills, a global property advisory firm, has revealed that Indian data centers added approximately 71 MW of IT capacity in the first half of this year (H1-2024). The report also found that the total stock has increased by 21 percent year-on-year (YoY) from 778 MW in H1 2023 to 942 MW […]
Vietnam and Laos Advance Disaster Preparedness with New Data Centers
Vietnam and Laos are stepping up their collaboration in disaster management with the construction of data and communication centers. This strategic partnership was solidified during the third bilateral meeting between the Vietnam Academy of Science and Technology (VAST) and the Lao Ministry of Technology and Communications (MTC) on August 5. A key focus of the […]
Hanoi as a Rising Hub for Vietnam’s Data Center Industry
Vietnam is rapidly becoming a top choice for companies looking to set up data centers. The country’s economy is booming, and more and more people are using the internet. This means there’s a huge and growing need to store and process data. Until recently, Vietnam had strict rules about foreign companies owning data centers. But […]