The Philippines is rapidly becoming a key player in the Southeast Asian data center market. Capitalizing on this momentum, W.Media is hosting the third annual Cloud and Datacenter Convention (CDC) on July 4th, 2024.
This year’s CDC promises to be a day-long event connecting over 2,500 industry leaders. Attendees will include C-level executives, digital infrastructure professionals (architects, engineers, and consultants), key decision-makers, data center owners, and operators. The event will be held at Conrad Manila and provide a platform for attendees to discuss the latest trends and opportunities in the Philippines’ growing data center market.
Why the Philippines?
The Philippines’ cloud data center industry is experiencing a boom fueled by a confluence of factors. First, a national “cloud-first” strategy is creating a surge in demand for data centers to store and manage the critical IT infrastructure that powers this digital transformation.
Second, the government is actively supporting the industry’s growth through investment incentives and simplified regulations, making the Philippines a more attractive business environment.
Finally, the country is establishing a clear and stable regulatory framework, which is essential for data center operators who require a reliable and predictable legal landscape.
The Rise of a Data Center Powerhouse
Fueled by a projected market size of USD 1.61 billion by 2029, with a growth rate exceeding 13% annually, the Philippine data center industry is attracting significant investment.
This growth surge is enticing major players to enter the market: both global tech giants like Amazon Web Services (AWS), Microsoft Azure, and Google Cloud Platform (GCP) and established Filipino and Southeast Asian companies are recognizing the Philippines’ data center potential and are capitalizing on this opportunity by investing in data center development, further solidifying the Philippines’ position as a key player in the regional data center landscape.
Strategic Advantages of the Philippines
The Philippines’ geographical advantage is another key driver of data center growth. Situated strategically in Southeast Asia, the country is perfectly positioned to act as a data center hub, catering to the vast regional market.
Furthermore, the government’s commitment to developing renewable energy sources like solar and geothermal power presents a sustainable solution for powering these data centers, making the Philippines an even more attractive option for environmentally conscious businesses.
What to Expect at Philippine CDC
Industry leaders and government officials will be among the esteemed guests at the event. These include prominent figures like Alexander Ramos, Undersecretary and Executive Director of the Cybercrime Investigation and Coordinating Center (CICC), and key players from the data center industry such as Vic Barrios, President of Digital Edge DC Philippines; Carlo Malana, President and CEO of ST Telemedia Global Data Centres (Philippines); Darren Webb, Co-founder and CEO of Evolution Data Centres; and Victor Genuino, President and CEO of ePLDT. Additionally, Steve Kim, President of Data Center Facility and Critical Power Business APAC for Huawei, will be joining the event. Many other distinguished guests are also expected to attend.
DON’T MISS OUT!
The Philippine data center market is booming, and the Philippines Cloud & Datacenter Convention 2024 is your chance to be at the forefront. Connect with industry leaders, discover groundbreaking trends, and secure your place in the future of cloud computing. Register today!