Mr Jim Fagan: As one of the world's most dynamic economic and financial hubs, Singapore continues to have appetite for data centre services.

Pacnet has announced a US$90 million investment to build a new Tier III data centre in Singapore to meet the region's accelerating demand for connected, advanced data centre and managed services. The new facility – Pacnet’s fifth data centre in Singapore - is in line with the company’s strategic initiatives to focus on managed services deployed in data centres and will leverage on its substantial network assets throughout Asia to serve enterprise and carrier customers.

"As one of the world’s most dynamic economic and financial hubs, Singapore continues to have appetite for data centre services, and supply has struggled to keep up,” said Mr Jim Fagan, President of Managed Services at Pacnet, which provides integrated network and technology solutions for enterprise, service provider, and carrier customers. “This new facility not only provides customers with data centre and connectivity services in Singapore, but gives them access to Pacnet’s broad portfolio of managed services, allowing them to interconnect their data requirements throughout Asia.”

According to a Frost & Sullivan report on the Asia-Pacific Data Centre Services Market, the Singapore market is expected to grow from US$223 million in 2010 to US$550.3 million in 2017, at a compound annual growth rate of 13.8 per cent.

Strategically located in the Paya Lebar area, the eight-storey, 157,000 square foot standalone facility will meet Tier III data centre standards for redundant capacity, power and uplinks. The ranking of data centres into tiers refers to the level of robustness and redundancy offered by the facility, with Tier I being the most basic with non-redundant components, and Tier IV the most robust with fully fault-tolerant uplinks, servers, storage and other data centre components. The Pacnet data centre, which is slated for completion in the fourth quarter of 2013, will also be compliant with standards of the Building and Construction Authority’s Green Mark certification.

“This facility reinforces our commitment to providing high quality, innovative data centre solutions to the Singapore market, addressing customers’ needs for margin improvement, while continuing to meet environmental requirements,” said Mr Fagan.

The new data centre is designed to support customer requirements for high-power density needs through the supply of 12 megavolt ampere (MVA) utility connections (upgradable to 15 MVA). It will be capable of supporting 1,500 high-power density racks with an initial IT load of 6 Megawatts.

The facility will be carrier neutral and will be directly connected to Pacnet's wholly-owned submarine cable networks with fully redundant power and cooling systems, advanced fire detection and suppression systems, as well as state-of-the-art security access systems.

Pacnet currently operates over 300,000 square feet of data centre space across 16 cities in the region.