Singapore was ranked the third safest place in Asia to site data centres, according
to a Data Centre Risk Index report released in June. The ease of doing business
here is one reason for Singapore's rank.
The American tech firm IO will sharply increase its...
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Singapore was ranked the third safest place in Asia to site data centres, according
to a Data Centre Risk Index report released in June. The ease of doing business
here is one reason for Singapore's rank.
The American tech firm IO will sharply increase its investment here as it moves to
make Singapore the centre of its operations across the Asia-Pacific - and
eventually the world.
Chief executive George Slessman said on Wednesday that it is ready to spend up to
S$70 million (US$56 million) more in developing its base here.
That expenditure will come on top of the S$30 million (US$24 million) it has
already put into a new data centre that it officially opened in Ang Mo Kio on
Wednesday.
Slessman said the new investment will include setting up more equipment and
expanding its workforce at the data centre.
"We've invested more than S$30 million in the Ang Mo Kio facility. Depending on
customer demand, we will be extending the investment to S$100 million (US$80
million) in the next few yea
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