Monday, January 24, 2022

Slide Slide
Home Data Centers Hyper-scale data centres: Microsoft to invest $1 billion in Malaysia

Hyper-scale data centres: Microsoft to invest $1 billion in Malaysia

Malaysia gave conditional approvals in February for building and managing hyper-scale data centres and to provide cloud services

Microsoft Corp. is all geared up to set up hyper-scale data centres in Malaysia. The prime minister of the Southeast Asian nation, on Monday said that the company, as part of a new partnership programme with government agencies and local companies, will invest $1 billion over the next five years.

The announcement on the US tech giant’s biggest investment in the country comes after Malaysia gave conditional approvals in February for Microsoft, Google, Amazon.com Inc. and state telecoms firm Telekom Malaysia Bhd. The approval was given for building and managing hyper-scale data centres and to provide cloud services.

Also, it comes after the country saw foreign direct investments (FDI) plunge by 68 per cent last year, the biggest decline in Southeast Asia. With the finance minister recently saying it was looking at incentives to help attract more FDI, Malaysia has defended itself as an investment destination. It has said that over the next five years, the investments from these cloud service providers will total between 12 billion ringgit and 15 billion ringgit ($2.91 billion to $3.64 billion).

As part of the Bersama Malaysia initiative, Microsoft, to manage data from various countries, will establish its first “data centre region”, which consists of multiple hyper-scale data centres, Muhyiddin Yassin, the prime minister of the country told an event marking the launch of the programme.

“The upcoming data centre region will be a game-changer for Malaysia,” Microsoft Executive Vice President Jean-Philippe Courtois said in a statement, adding it will enable the government and businesses to “transform” their operations.

Under the programme, Microsoft will also assist up to a million Malaysians in getting digital skills by the end of 2023.

Also read:Robots becoming an important part of the marketing industry

Do Follow: CIO News LinkedIn Account | CIO News Facebook | CIO News Youtube | CIO News Twitter

khushbu
Khushbu Sonihttps://www.cionews.co.in
Chief Editor - CIO News | Founder & CEO - Mercadeo

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisment -1x1 banner1x1 banner1x1 banner1x1 banner

Most Popular

Cloudflare signals expansion in Asian region

To bring more bucks through the Cloudflare door, another role, titled "Regional Major Account Executive – Gaming and Online Casino" gets the job of...

Security feature introduced by Google

The new security feature is rolling out across all Google Workspace, G Suite Basic and G Suite Business tiers To help users stay on top...

Technology developed by IIT researchers for charging EVs

One of the country’s leading electric vehicle manufacturers has also shown interest in this new technology and is ready to develop a full-fledged commercial...

84% of India Enterprises Prefer Hybrid Multicloud Operating Model

New report from Nutanix finds that India’s enterprises are moving to multicloud environments for security, performance, cost and business continuity, especially with the  rise of remote work. Bengaluru, India...

Recent Comments