Digital Realty bullish about Asia-Pac

DIGITAL Realty, the world's largest provider of data centre (DC) real estate services, is benefiting from the ubiquitous growth of cloud computing in the Asia-Pacific region. Last year, Asia-Pacific's share of the company's global revenue grew to 4 per cent, up from one per cent in 2012, which was a very meaningful shift. In the first quarter of this year, more than 30 per cent of the company's incremental revenue came from Asia-Pacific.

Digital Realty doesn't compete in the area of software or hardware that make up a DC. Instead, it provides the physical infrastructure, including cooling, power and connectivity for DCs. A typical Digital Realty facility could have several DCs co-located on the premises.

A William Stein, Digital Realty's interim CEO and CFO, is bullish about the region. He told BizIT: "This is an exciting region in its nascent (growth) period now, and it has continued to evolve very rapidly. Technology shifts in the region also ensure that there are more years of growth to come in future."