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.
The data hub was announced by the Data Centre Task Force that consists of the Multimedia Development Corporation (MDeC), Performance Management and Delivery Unit (Pemandu), Johor Corporation (JCorp) and Iskandar Regional Development Authority (IRDA).
Datuk Yasmin Mahmood, chief executive officer of MDeC said, “Cloud services and datacentres are a key sector identified to contribute to the national gross income. With the new Data Hub, we aim to attract high value investments from top cloud services and datacentre providers to Malaysia, to further accelerate the growth of industry and position Malaysia as a world-class data hub in the region.
She said, “Growth in the datacentre industry showcases a positive development and confidence from local and global investors in Malaysia. We are targeting the industry to grow by 15% to RM915mil by end of 2015.”