Malaysia’s Data Centres Revenue To Hit RM1 Billion By 2017, Says MDeC

01 Mar Malaysia’s Data Centres Revenue To Hit RM1 Billion By 2017, Says MDeC

Malaysia’s data centre operators are set to generate a revenue of RM1 billion by 2017 and RM2.4 billion by 2020, Multimedia Development Corporation (MDeC) Chief Executive Officer Datuk Yasmin Mahmood said.

In 2014, revenue generated by Malaysia’s cloud services and data centre industry grew 26 per cent to RM795 million from RM630 million in 2013.

MDeC is confident that the industry could achieve the target, given the 35 per cent growth in the number of data centres during the 2011-2014 period.

“Data centre is an economic enabler and a catalyst for a digital economy. It is important for us to have them as they will be moving up the value chain,” she told reporters after launching the REDtone flexiCloud, the country’s largest business-to-business cloud platform provider, here today.

Meanwhile, REDtone International Bhd has also tied-up with China’s Huawei Technologies Co. Ltd for cloud infrastructure services.

Both parties have co-invested RM50 million to RM100 million in the REDtone flexiCloud, REDtone Group Managing Director Datuk Wei Chuan Beng said.

He said the launch of flexiCloud was timely, given the demand for the services.

According to Wei, about 100,000 to 200,000 local companies were subscribing overseas cloud services worth about RM80 million annually.

“(Hence), we see this as an immediate opportunities for us, coupled with the trend that people are adopting cloud services, we hope the flexiCloud services will make a significant contribution to our revenue,” he said.

FlexiCloud offers comprehensive, scalable and cost-effective solutions for businesses to align their information technology infrastructure with their business strategy efficiency at minimal cost or without any capital expenditure.

 

Source: Bernama

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