Tencent Launches Data Center in Indonesia, to Stir up Competition of Local Cloud Computing
Located in CBD Jakarta
Tencent Cloud announced its first data center (named: Internet Data Center) in Indonesia located in the CBD Jakarta. Currently, the company said that its cloud computing service infrastructure covers 27 regions with 61 availability zones.
Its expansion to Indonesia is not for random reason, with the fastest growing public cloud market in Asia Pacific based on the data, Indonesia has a CAGR of 25% and is expected to increase its market size to $0.8 billion in 2023.
Tencent Cloud International's SVP, Poshu Yeung said that its young-domination of population structure is believed to continue driving the increase of the internet market. The existence of cloud computing services will also strengthen the infrastructure in various Tencent-owned applications in Indonesia, including Joox and WeTV.
In addition, the company also stated that several financial institutions have started using their cloud computing services, one of which is the Neo Commerce Bank which utilizes the Tencent Distributed Database feature.
Trend of building data center
Previously, in late February 2021, Microsoft has just announced its first data center in Indonesia. Based on the IDC research, Microsoft's investment is estimated to generate new revenue of up to $6.3 billion (for all product lines) from the ecosystem of customers and partners in Indonesia.
Other players have also started investing in building data centers in Indonesia, including Alibaba, Amazon and Google.
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