SINGAPORE (Sept 17): With S$2.7 trillion worth of assets under management, Singapore has earned a reputation as a wealth management centre. If data is indeed the new “currency” of today’s digital economy, this tiny island republic can add another claim: It has become the leading regional location to store and manage this new “currency” as well.
According to Glen Duncan, associate research director at consultancy IDC Asia Pacific, Singapore is favoured as a data centre location for its physical security and political stability. “Many providers and enterprises place great stock in ‘Fortress Singapore’,” he says.
According to property consultancy Cushman & Wakefield’s 2017 Data Center Risk Index, Singapore, with 84.5 points, is the top location for data centres in Asia-Pacific. South Korea follows closely with 82.23 points, while Hong Kong and Japan are... (Click here to read the full story)