IBM Builds $38 Million Data Center in Singapore
Amazon isn’t the only outfit expanding its cloud services footprint in Asia. IBM said today it will spend $38 million to build a new Asia Pacific Cloud Computing Data Center in Singapore. The new data center will enhance a network of similar centers in Germany, Canada and the U.S. and 13 cloud labs, more than half of which are already in Asia.
Last week IBM’s CFO Mark Loughridge, speaking at a Goldman Sachs conference, said about 30 percent of IBM’s revenue will come from growth markets by 2015. Emerging markets accounted for 21 percent of IBM’s sales at the end of 2010, up from only 11 percent in 2000. You may also remember that when I spoke to IBM’s head of cloud computing Ric Telford earlier this year, he said that Big Blue would be adding to its fleet of data centers. The new center will ramp up in April, first offering IBM’s infrastructure as a service (IaaS) that’s aimed at supporting an environment development and test activities.