The markets for private and hybrid cloud services in Singapore and Malaysia continue to grow as providers increase investments in data centers across the region, according to a new research report published today by Information Services Group (ISG) (Nasdaq: III), a leading global technology research and advisory firm.
The 2023 ISG Provider Lens Private/Hybrid Cloud — Data Center Services report for Singapore and Malaysia finds that rising enterprise demand for exceptional computing resources, especially green data centers and hyperscaler capabilities, is driving data centre expansion and modernisation. Companies have a growing number of managed services, managed hosting and colocation options to choose from.
Strong investments are turning Singapore and Malaysia into world-class data center services markets,” said Ben Rossiter, principal consultant, Technology Modernization, at ISG. “We expect providers to keep expanding managed hosting capacity.”
Enterprises in the region seek data center services to meet growing needs for security, sustainability, edge computing, customization and compliance, the report says. Many are turning to services using AI, ML and automation to address challenges related to rising costs and skilled labor shortages, which are expected to persist beyond the end of the decade.