Hyperscale, APAC, cloud migration, MEA, LatAM, ESG, Southeast Asia, appointments
The recent week saw a number of developments around cloud, global hyperscale expansion activity, developments in APAC markets, along with some appointments of note.
Large technology and SaaS providers continue to move from colocation and on-premise data centres to public cloud platforms. Box is the latest to do that and will be basically going all-in on cloud. The ability to get access to public cloud innovation around tools and analytics was a key driver. While Box is not necessarily a mid-market company, the growth here reflects what some hyperscalers are seeing with respect to market opportunity. Google Cloud has been chasing the large enterprise opportunity, but will spend more time and resources targeting the mid-market, which it has neglected. We have more details.
Hyperscalers continue to expand and enter new markets. Alibaba Cloud is planning to expand in Dubai, UAE and Oracle Cloud is expanding further in Latin America. Both will be using plenty of colocation in these markets, but there is more self-build activity happening. Will that move along a steady trajectory or will the current environment knock it off track a bit and keep colocation at the top of the list? We have some answers based on recent developments.
There was more activity coming out of the APAC region and there were notable developments around sustainability. AirTrunk secured an ESG loan and Princeton Digital Group recently purchased geothermal RECs for its data centres in Indonesia. Meanwhile, SEA continues to see growth and expansion and the next market of interest could well be Thailand and Singtel has begun building a new data centre in Bangkok though a newly established JV.
Finally, there was some more shuffling in executive circles. Salute Mission Critical has a new CEO, Scala Data Centers brought in data centre development staff and Lunavi has a new chief strategy and innovation officer.