AIMS Group optimistic about data centre industry growth in 2021 - MIDA | Malaysian Investment Development Authority
contrastBtngrayscaleBtn oku-icon


plusBtn crossBtn minusBtn


This site
is mobile


AIMS Group optimistic about data centre industry growth in 2021

AIMS Group optimistic about data centre industry growth in 2021

03 Feb 2021

KUALA LUMPUR (Feb 3): Carrier-neutral data centre services provider AIMS Group (AIMS) is optimistic on the growth of the data centre industry in 2021, on the back of multiple opportunities fuelled by surging demands for data and cloud services to support digital transformation and business sustainability in Malaysia and the region.

In a statement today, AIMS said one of the factors for the demand of data centre arises from the potential for continued remote work amidst the “new normal”.

It said this contributes to Gartner Inc’s estimated 6% increase in global IT spending growth to US$200 billion during 2021, and expected revenue growth of more than US$800 million by 2025 for Malaysia’s data centre sector.

AIMS said that positioned as one of the fastest growing regions in the world, Southeast Asia offers ease of access, a lower cost of entry, and a fast-growing base of tech-savvy consumers to drive storage needs.

With that said, AIMS added it will continue to bolster and expand its regional and local data centre presence with its interlinked data centres across Southeast Asia.

AIMS said its recent expansion into Thailand with AIMS @ Bangkok, a carrier-neutral data centre, affords the same highly diverse ecosystem synonymous with the AIMS name.

AIMS chief executive officer Chiew Kok Hin said AIMS has the potential to attract global players looking to establish their businesses in ASEAN.

“With the data centre and co-location market in Southeast Asia tipped to expand at a compound annual growth rate of 12.9% to reach US$3.4 billion by 2024, AIMS will further enhance its dynamic digital ecosystem and cloud infrastructure in ASEAN to drive ongoing digitalisation efforts for local and global companies looking to expand their operations across the region and beyond,” he said.

Source: The Edge Markets