New Iskandar hub to cater to datacentre demand surge

DATACENTRE PUSH: MDeC's Datuk Yasmin Mahmood said the new data hub aims to attract high value investments from top cloud services and datacentre providers to Malaysia.

Sedenak Iskandar data hub — a 700-acre data hub in the Iskandar Malaysia area of Johor — has been announced to meet the region’s rising demand for datacentre space and services.

The Malaysian cloud services and datacentre industry recorded RM795mil in revenue for 2014, a 26% leap from RM630mil in 2013. Exports grew from 7% to 18%.

Sectors that contributed to this growth include the federal government (29%), banking and financial (19%), and content and technology (17%). There was also growth in high-value datacentre services such as managed services that accounted for 50% of the total revenue, a 20% increase from 2013.