Saturday, November 25, 2017

OneAsia breaks ground on six floors high data centre

China’s data centre market is expected to grow 13% at a CAGR for the data centre market between 2017 and 2021.

OneAsia has broken ground on a six-floor tall data centre comprising 128,000 sqf of hosting space.

The facility, situated in Kowloon Bay, will support 2,000+ standard racks, upgradable to Tier 4 from Tier 3+ standard with access to multiple Tier 1 international carrier networks.

Charles Lee, the founder and CEO of OneAsia, said: “Hong Kong endeavors to bring its competency into full play as it helps MNCs enter the China market and get on with the global business circuit.”

With nearly 1.4 billion people, China is one of the largest markets on the planet, yet, just about 50% of the population has internet access.

The potential for data centres is huge with Technavio’s analysts anticipating a 13% CAGR for the data centre market between 2017 and 2021.

OneAsia’s data centre opening increases the company’s footprint to three sites, with facilities currently in operation in Tseung Kwan O and Free Trade Zone (Waigaoqiao).

Below, you can watch Data Economy’s João Marques Lima speaking to Charles Lee, founder and CEO of OneAsia Network on the main growth drivers in the country and the company’s role in building China’s cloud economy.