Pacnet today announced a US$90m investment to build a new data center in Singapore to meet the region's accelerating demand for connected, advanced data center and managed services.
Strategically located in the Paya Lebar area, the eight-storey, 157,000 sq ft standalone facility will meet Tier III data center standards and is slated for completion in the fourth quarter of 2013.
The facility will be compliant with standards of the BCA Green Mark certification, Singapore's equivalent of the Leadership in Energy and Environmental Design (LEED) certification by the US Green Building Council (USGBC).
“This facility reinforces our commitment to providing high quality, innovative data center solutions to the Singapore market, addressing customers’ needs for margin improvement while continuing to meet environmental requirements,” Jim Fagan, president of managed services at Pacnet, said.
He said the new data center is designed to support customer requirements for high-power density needs through the supply of 12MVA utility connections (upgradable to 15MVA). It will be capable of supporting 1,500 high power density racks with an initial IT load of 6 MW.
The facility will be carrier neutral and will be directly connected to Pacnet's wholly-owned submarine cable networks with fully redundant power and cooling systems, advanced fire detection and suppression systems, and state-of-the-art security access systems.
Pacnet said the new facility will build on strategic initiatives previously announced by the company, which said it will focus on managed services deployed in data centers and leverage its substantial network assets throughout Asia to serve enterprise and carrier customers.
"As one of the world’s most dynamic economic and financial hubs, Singapore continues to have appetite for data center services and supply has struggled to keep up,” Fagan said.
“This new facility not only provides customers with data center and connectivity services in Singapore but gives them access to Pacnet’s broad portfolio of managed services, allowing them to interconnect their data requirements throughout Asia.”
According to Frost & Sullivan, the Singapore data center services market is expected to grow from US$223m in 2010 to US$550.3m in 2017 at a compound annual growth rate of 13.8%.
Pacnet currently operates over 300,000 square feet of data center space across 16 cities in the region that are interconnected by Pacnet's high speed network.