Last month, Krupal Raval, Digital Realty CFO for APAC, spoke with Data Economy’s João Marques Lima about the growth of the APAC region and Digital Realty’s current and future plans for expansion into the region.
Below, we’ll briefly cover some of the major talking points from the conversation.
APAC is our youngest market right now. It currently represents less than 10% of our total business, but at the same time, it is also our most rapidly growing business region in terms of development. Last year, we had two new data centers in the region go online, in Japan and Singapore.
According to Raval, 20% of Digital Realty’s capital expenditure occurred in the APAC region last year. Though we don’t pre-determine how much capital will go where, we expect to invest in more growth projects in APAC in 2017 and the years to follow.
It’s not only Digital Realty that sees the value of expansion in APAC. There are a wide variety of U.S.-based cloud providers that are looking to make similar investments. As Mr. Raval states, our customers and their needs dictate where and how capital is deployed, and right now a large variety of customers have expanded needs APAC.
Want to learn more about the differences between the U.S. and the APAC markets and Digital Realty’s plans for the region?