You know there's money to be made from investing in data centres, when one of Singapore's most astute investors and tycoon Oei Hong Leong is throwing his weight behind a US$5 billion fund aimed at developing an ecosystem of data centres. These staid buildings, housing vast banks of networked computer servers that power the global economy, are now looking attractive to a broad spectrum of investors. What used to be a niche asset class is now almost mainstream real estate. While not the sexiest of businesses, data centres have become crucial infrastructure in an economy where data consumption and mobile penetration is steadily rising, businesses have gone digital, and everything is "in the cloud" ... Read more
ST Telemedia Global Data Centres...
With IT at the core of its operations...
Bengaluru, the heartland of India’s IT Economy, contributes about $110 Billion to India’s GDP – that’s 4% of the country’s GDP right there. Moreover, it alone makes up for one-third of India’s total IT Exports and is the start-up hub of the country.
STT GDC India’s extended family came together on a weekend this month to celebrate our annual “family day”. Hosted in regional offices and hotels around the country, the event drew roughly 400 employees, family and friends
The Indian e-commerce market is the fastest-growing e-commerce market in the world. An IBEF report in October 2018 pegged the market to hit the $200 Billion mark by 2026, growing from the $39 Billion mark in 2017.