Latest news with #digitalInfrastructure
Zawya
17-06-2025
- Business
- Zawya
Johannesburg builds on its top position as Africa's premier data centre market
Johannesburg officially confirmed its position as Africa's digital infrastructure powerhouse. Calvin Crick, director of Cushman & Wakefield | BROLL Transaction Services, reports the newly released Cushman & Wakefield 2025 Global Data Centre Market Comparison ranks Johannesburg as the continent's leading data centre market and places it in the top 10 emerging markets globally. Calvin Crick Angus Murray 'This ranking signals the city's pivotal importance to Africa's role in the global digital ecosystem,' comments Crick. The report, which benchmarks 97 global markets across 20 strategic criteria from power availability and land pricing to fibre connectivity and regulatory stability, highlights Johannesburg's maturity and momentum. Reinforcing Africa's growing relevance in the global data centre ecosystem, Nairobi and Lagos also earn distinction as rising contenders with notable strengths in renewable energy integration and climate resilience. An evolving market As global hyperscalers re-evaluate long-term strategies amid evolving AI trends, Crick notes a more measured approach to expansion. 'While cloud data centres have a well-defined tried-and-tested model and demand remains strong, there's a growing realisation that AI data centres differ significantly in design, demanding far more power and cooling capacity. The ideal scale of these facilities is still being bedded down, and with development timelines stretching up to four years, global players are being more cautious in their investments,' says Crick. Africa's role in the global digital ecosystem In the broader context, Africa is still considered a nascent region for large-scale data centre growth, but its relevance is increasing. While South Africa clearly leads the continent, Cushman & Wakefield | BROLL is also seeing increased activity in other regional hubs. Nairobi offers a sustainability edge and Lagos presents latent potential. Favourable macro trends for these African cities include power pipeline diversification, regulatory openness and land availability with lower acquisition costs compared to North America and Europe. None yet challenge the dominant markets but their presence in the report indicates that Africa is steadily securing its role in the next wave of global digital infrastructure expansion and signals rising investor interest. South Africa's data centre market is future-focused Locally, existing colocation providers, which rent space within their data centres for other companies to house servers and computing equipment, have moved swiftly to expand capacity, particularly in Johannesburg's East Rand and Samrand nodes. These areas have become preferred destinations due to their access to power and absence of key locational risks specific to data centres. Angus Murray, of Cushman & Wakefield | BROLL Transaction Services, explains, ' The colocation market in South Africa has grown steadily, with ample space now available for hyperscalers to lease without the need for greenfield development. We expect it to take time for that capacity to be fully absorbed.' 'Interestingly, in Cape Town, which is South Africa's second significant data centre market, we're seeing land banking activity, which is a sign that shrewd data centre players are positioning for the future and securing sector-specific prime locations for tomorrow's demand and dynamics now,' Murray adds. Site selection is about power as much as property Both experts stress that data centre site selection is governed by power availability rather than location alone. Crick elaborates, ' It's not about finding premium land, it's about finding power-connected land that meets a matrix of data centre-specific criteria, which includes low flood risk, minimal surrounding residential exposure, multiple access points, fibre connectivity and proximity to major electrical substations. Power delivery costs often exceed land values. The greater the distance from a major substation, the greater the costs. So, it's important to understand all the nuances when establishing the viability of each potential data centre site. ' Johannesburg: dominating digital infrastructure in Africa Johannesburg stands out as Africa's most mature data centre hub. It is the only African city included in the report's emerging markets rankings top 10, coming in at number 10 globally, which underscores its growing relevance as a digital infrastructure gateway into sub-Saharan Africa. Key indicators driving Johannesburg's inclusion include its preleased capacity, with over 50% of its pipeline already committed, suggesting healthy demand from hyperscalers and regional enterprises. It is also one of the few African markets with ≥20MW of power availability in a single facility, placing it on par with major international markets such as Warsaw and Chicago. Plus, Johannesburg has a track record of resilience demonstrating strategic planning, ranking among cities that have successfully built data centres outside high-risk flood zones. Nairobi: emerging with sustainable promise Nairobi, although it doesn't rank in the top 10 emerging markets, earns specific recognition under renewable energy criteria. It is one of the few global markets with renewable power exceeding 70% of the total fuel mix, which is a strong advantage as sustainability becomes a major driver of data centre strategy. This renewable advantage aligns Nairobi with markets like Reykjavik and Oslo, reinforcing its potential as a green data centre destination, especially for African and global tech firms prioritising ESG benchmarks. Lagos: a market of strategic interest Although Lagos remains on the periphery of the global rankings, like Nairobi it features notably for its low environmental risk, being outside major seismic zones but flood risks do need to be investigated. Lagos offers relatively affordable power compared to European and APAC hubs, although power reliability is a critical issue with generators still generally being essential for operations. However, it has yet to achieve the large-scale infrastructure and preleasing momentum seen in Johannesburg, suggesting its market readiness is still being established. Site certainty in Africa's data-driven development ' While South Africa's in pole position for data centres, Nigeria and Kenya are clearly the next biggest data centre growth markets on the continent, ' says Murray. Crick adds, ' Whether in Johannesburg, Nairobi, Lagos or elsewhere in Africa, navigating site complexity, securing viable land and making confident, future-ready investment decisions are all possible with deep regional and sector expertise. Our expanding portfolio of identified power-viable sites is driving long-term value across the continent's most dynamic markets. '
Gulf Business
17-06-2025
- Business
- Gulf Business
EDGNEX by DAMAC to build $2.3bn AI data centre in Jakarta
Image: Getty Images/ For illustrative purposes EDGNEX Data Centers by DAMAC, a global digital infrastructure company backed by Dubai-headquartered DAMAC Group, has announced the development of a next-generation, AI-powered data center in Jakarta, Indonesia – its second facility in the country and one of Southeast Asia's largest AI-dedicated infrastructure projects. The new facility will have a projected capacity of 144 megawatts (MW) and represents a total investment of $2.3bn. Land acquisition was completed in March 2025, and the site has now entered early construction phases. Phase one of the project is expected to be ready for service by December 2026. Designed to support high-density AI workloads, the Jakarta data centre aims to address Indonesia's digital infrastructure gaps, including limited hyperscale readiness and rising latency challenges. EDGNEX projects: Second in Indonesia 'This is our second project in Indonesia, and this development reinforces our commitment to bridging the digital divide in fast-growing markets across Southeast Asia,' said Hussain Sajwani, founder of DAMAC Group. 'We are proud to build what will become one of Southeast Asia's most advanced, sustainable data centers to power the next wave of innovation and digital growth. The scale of AI workloads demands a new class of infrastructure.' The facility will target a power usage effectiveness (PUE) of 1.32, reflecting EDGNEX's commitment to sustainability and energy efficiency. The new development expands EDGNEX's presence across Southeast Asia, including ongoing projects in Thailand and Malaysia. This second Jakarta data centre follows the company's 2024 announcement of its first Indonesian project — a 19.2 MW facility in the MT Haryono area, one of Jakarta's most interconnected data centre clusters. That site is scheduled to go live in Q3 2026, catering to growing demand from cloud service providers, edge computing platforms, and AI solutions. To date, The company's regional target is to reach over 300MW of operational capacity by 2026. Read:
Yahoo
16-06-2025
- Business
- Yahoo
Citi Sees Big Upside in Vertiv (VRT)— Here's Why the Stock Now Has a $130 Price Target
Vertiv Holdings Co (NYSE:VRT) is one of the . On June 16, Andrew Kaplowitz from Citi maintained a 'Buy' rating on the stock with a price target of $130.00. The price target raise follows Vertiv's strong positioning in the growing data center market and its growth potential. In particular, Kaplowitz noted how the company is well-positioned to capitalize on the durable growth in AI and data center-related markets, which are anticipated to see global data center IT load growth of 14% CAGR through 2030. Since Vertiv boasts the potential to focus on innovation and self-help initiatives, it holds the ability to outgrow the industrial market. The firm is particularly confident about the company's strategy to mitigate tariff headwinds over time, with Vertiv anticipated to reach tariff-neutral status by the end of 2025. Citi believes that Vertiv's strong operational leverage and capital deployment opportunities will support 'a solid runway for ramping margin expansion over time.' This includes potential mergers and acquisitions or share repurchases, and is expected to support earnings growth. Based on these solid fundamentals and potential for improved performance, the firm has increased the EV/EBITDA target multiple and the target price for Vertiv's stock. Vertiv Holdings Co (NYSE:VRT) is a global provider of digital infrastructure technology and services for data centers, communication networks, and commercial and industrial facilities. While we acknowledge the potential of VRT as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: and Disclosure: None. 擷取數據時發生錯誤 登入存取你的投資組合 擷取數據時發生錯誤 擷取數據時發生錯誤 擷取數據時發生錯誤 擷取數據時發生錯誤
Yahoo
16-06-2025
- Business
- Yahoo
Singapore Data Center Market Investment Analysis Report 2025-2030: Growth Opportunities in IT, Electrical, Mechanical Infrastructure, Cooling Systems, General Construction, and Tier Standards
The Singapore Data Center Market is projected to grow from USD 4.16 billion in 2024 to USD 5.60 billion by 2030, at a CAGR of 5.08%. As a digital infrastructure hub in the Asia Pacific, Singapore benefits from a favorable regulatory regime, political stability, and low taxes. Over 70 data centers exist, with plans for 300 MW additional capacity by 2030. Key players such as Equinix and Microsoft have resumed construction following a government-lifted ban. AI adoption and strong demand drive investment, while high initial costs encourage collaborations. Notably, floating data centers are explored to address space constraints. Accelerated growth is supported by tech giants like Google and IBM. Singaporean Data Center Market Dublin, June 16, 2025 (GLOBE NEWSWIRE) -- The "Singapore Data Center Market - Investment Analysis & Growth Opportunities 2025-2030" report has been added to Singapore Data Center Market was valued at USD 4.16 billion in 2024, and is projected to reach USD 5.60 billion by 2030, rising at a CAGR of 5.08%. This report analyses the Singapore data center market share. It elaborately analyses the existing and upcoming facilities and investments in IT, electrical, mechanical infrastructure, cooling systems, general construction, and tier standards. It discusses market sizing and investment estimation for different segments. Singapore is a key hub for digital infrastructure in the Asia Pacific region, due to its favorable regulatory regime, stable political setup, and comparatively low taxes. Though the country is very small in size, having only 278 square miles of area, the government policies have led to the establishment of more than 70 data centers in the country to date. The Singapore data center market has started witnessing growth in the market after lifting the ban on data center construction. Equinix, Microsoft, GDS Services, and AirTrunk were among the key operators receiving approvals from the government for data centers. In August 2024, Princeton Digital Group announced the acquisition of Yahoo's Singapore data center. The facility's total area was 5,400 square meters. The government is making efforts to provide up to 300 MW of data center capacity in the future, which is likely to be fully committed before construction begins, given the consistently high demand for operating data centers in Singapore. The initial 80 MW allocation is expected to add capacity between 2026 and 2028. As per the e-Conomy SEA 2024 report, Singapore ranks among the top countries in the world in terms of AI-related online searches. This reflects the presence of a large, young, and digitally native population that is readily embracing AI-powered solutions. The evolution of new reasoning AI models and the potential shortage in the supply of AI-ready data centers are further boosting the Singapore data center market. Since 2018, 80 of the world's top 100 tech companies have established a presence in Singapore, including tech giants like Google, IBM, and Microsoft. Since the COVID-19 pandemic, new-age tech companies such as Zoom, PayPal, Tencent, and Alibaba have established their operations in the country. Data centers in Singapore entail high upfront costs, power tariffs, and operational and maintenance-related costs, which have made them a capital-intensive investment. Resultantly, collaborations between institutional investors and data center operators to accelerate data center expansion are increasing. The telecom sector accounted for around 12% of the colocation demand in 2024 in Singapore. In 2024, the colocation demand from the BFSI sector was around 11%. The share is likely to decline to around 8% by 2029, owing to the increased cloud migrations and hence, the cloud & IT sector's rising market share. SINGAPORE DATA CENTER MARKET VENDOR LANDSCAPE The Singapore data center market has the presence of several local and global data center operators, such as AWS, Microsoft, Meta, Equinix, ST Telemedia, Keppel, Singtel, Princeton Digital Group, Google, and others. The growing adoption of AI is prompting operators to redesign their facilities with liquid cooling systems, enabling customers to support AI workloads. Additionally, as part of sustainability initiatives, the use of HVO (hydrotreated vegetable oil) generators is expected to increase in the Singapore data center market during the forecast period. With the rise in sea levels and the premium growth of space on land, some companies are exploring the concept of floating data centers in the Singapore data center market. For instance, Keppel Data Centres' Floating Data Center Park (FDCP) project alleviates land, water, and energy constraints of traditional data centers. The facility harnesses seawater for cooling, thereby increasing cooling efficiency by up to 80%. The Singapore data center market has started witnessing growth in the market after the government lifted the ban on data center construction in 2022. Equinix, Microsoft, GDS Services, and AirTrunk were among the key operators receiving approvals from the government for data centers. The key local colocation operators in the Singapore data center market include companies such as Keppel Data Centres, ST Telemedia Global Data Centres, Equinix, Digital Realty, StarHub, NeutraDC, Singtel, and NTT Global Data Centers, among others. As of December 2024, Singapore has the lowest colocation vacancy rate of around 1.4% in APAC, which is likely to be the same throughout the forecast period. WHY SHOULD YOU BUY THIS RESEARCH? Market size available in the investment, area, power capacity, and colocation market revenue. Data center investments in the area (thousand square feet) and power capacity (MW) across cities in the country. A detailed study of the existing Singapore data center market landscape, an in-depth market analysis, and insightful predictions about the Singapore data center market size during the forecast period. Snapshot of existing and upcoming third-party data center facilities in Singapore Facilities Covered (Existing): 44 Facilities Identified (Upcoming): 05 Coverage: 4 Locations Existing vs. Upcoming (Data Center Area) Existing vs. Upcoming (IT Load Capacity) Data center colocation market in Singapore Colocation Market Revenue & Forecast (2021-2030) Wholesale vs. Retail Colocation Revenue (2021-2030) Retail Colocation Pricing Wholesale Colocation Pricing The Singapore data center landscape market investments are classified into IT, electrical, mechanical, cooling, and general construction services with sizing and forecast. A comprehensive analysis of the latest trends, growth rate, potential opportunities, growth restraints, and prospects for the industry. KEY QUESTIONS ANSWERED What is the growth rate of the Singapore data center market? How big is the Singapore data center market? What factors are driving the Singapore data center market? How much MW of power capacity will be added across Singapore during 2025-2030? Key Attributes: Report Attribute Details No. of Pages 112 Forecast Period 2024 - 2030 Estimated Market Value (USD) in 2024 $4.16 Billion Forecasted Market Value (USD) by 2030 $5.6 Billion Compound Annual Growth Rate 5.0% Regions Covered Singapore IT Infrastructure Providers Arista Networks Atos Broadcom Cisco Systems Dell Technologies Hewlett Packard Enterprise Huawei Technologies IBM Inspur Lenovo MiTAC Holdings Quanta Cloud Technology Wiwynn NetApp Data Center Construction Contractors & Sub-Contractors AECOM Arup Aurecon AtkinsRealis AWP Architects Cundall DSCO Group Fortis Construction Gammon Construction Kienta Engineering Construction LSK Engineering Larsen & Toubro NTT Facilities PM Group Sato Kogyo Support Infrastructure Providers ABB Airdale Air Conditioning Bosch Security Systems Caterpillar Cummins Eaton Fuji Electric HITEC Power Protection Kohler Legrand Mitsubishi Electric Nortek Data Center Cooling (DCC) Piller Power Systems Rittal Rolls-Royce Schneider Electric STULZ Vertiv Data Center Investors AirTrunk Amazon Web Services China Mobile Digital Realty Empyrion Digital Equinix Google Global Switch Iron Mountain Keppel Data Centres Meta Microsoft NTT DATA Princeton Digital Group Singtel ST Telemedia Global Data Centres Telin Singapore REPORT COVERAGEIT Infrastructure Server Infrastructure Storage Infrastructure Network Infrastructure Electrical Infrastructure UPS Systems Generators Transfer Switches & Switchgear PDUs Other Electrical Infrastructure Mechanical Infrastructure Cooling Systems Racks Other Mechanical Infrastructure Cooling Systems CRAC and CRAH Units Chillers Units Cooling Towers, Condensers, and Dry Coolers Other Cooling Units General Construction Core & Shell Development Installation & Commissioning Services Building & Engineering Design Fire Detection & Suppression Systems Physical Security DCIM Tier Standard Tier I & Tier II Tier III Tier IV For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. Attachment Singaporean Data Center Market CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
News.com.au
14-06-2025
- Business
- News.com.au
Amazon's $20 billion investment to give Australia a ‘beachhead' in global digital economy
Industry Minister Tim Ayres discusses Amazon's announcement to invest $20 billion in data centres in Australia, strengthening the country's AI capability. 'That investment on its own is very significant for Australia's digital infrastructure,' Mr Ayres told Sky News Australia. 'There is very significant scope to cease on these kinds of investments that give Australia a beachhead in the new global digital economy – this is absolutely in economic interest, this is absolutely in our security and broader geopolitical interest in a fast-moving, less secure world.'
