HanmiGlobal, a construction project management firm has signed a memorandum of understanding (MoU) with Hewlett Packard Enterprise (HPE) to manage data centre construction in South Korea.
This move signals the continuing advances made by South Korea as a data centre hub in Asia.
As per the agreement, HanmiGlobal will provide project management services, while Hewlett Packard Enterprise will offer the technology and consultations needed to build the centers.
“We are very happy to partner with HPE, the leading provider of cloud technology infrastructures,” Lee Sang-ho, president of HanmiGlobal said.
“The two companies hope to contribute to mutual development with HanmiGlobal’s know-how in project management, as well as put efforts to help client companies successfully make profit through their data centres.”
The two companies have extensive experience in data centre construction projects. HanmiGlobal was the project manager for the cloud centres of local portal giant Naver and LG Electronics in southern Seoul. Hewlett Packard Enterprise provided technology support to major Korean telecommunications providers and finance companies for the building of their cloud data centres.
Recently, South Korea is seeing a sharp increase in data centre investments from global tech giants and data centre providers, with even more expected from the mounting requirements brought by the demand for cloud services and mobile technology.
South Korea is regarded as one of the top five leading data centre revenue generators for APAC, which along with the other top generators, will deliver 32 billion dollars in revenue by 2023. Moreover, the size of the Korean cloud service market is also expected to exceed 3 trillion won in 2021 after exceeding $16.5 billion last year.
Earlier this year, DreamMark 1 said that it will increase its server footprint, in excess of 400 racks and an ICT floor, for an exclusive high electric power zone this year.
Along with this expansion, it is also planning to upgrade its existing Internet Data Centre (IDC) facilities including sourcing a site and starting construction for new hyperscale level 2 IDC in 2021.