NTT Communications announced that the construction of the Singapore Serangoon Data Center has been successfully completed.
The data center is designed to serve the needs of financial services industry and enterprises that require high power, low latency networks and a stable and secured infrastructure to build on their private cloud. NTT Com marked the occasion with a cornerstone laying ceremony where articles were placed in a time capsule.
The construction has been carried out by NTT Worldwide Telecommunications and the services will be offered through NTT Singapore, both of which are wholly-owned subsidiaries of NTT Com.
Serangoon Data Center, as well as NTT Com’s data centers in Hong Kong and Japan are strategically located in close proximity of the stock exchanges to provide low latency networks to the financial industry for high-frequency electronic trading. The data center is also able to host high density racks of up to 12kVA and is fitted with IPv6 ready infrastructure.
“Many of the world's major financial institutions are increasingly shifting their focus to Asia and this has seen the growth of Asian financial hubs, particularly in Singapore, Hong Kong and Tokyo,” said Takeshi Kazami, president and CEO of NTT Singapore. “The Singapore Serangoon Data Center puts NTT Communications in a prime position to support the connectivity needs of the financial sector in Asia. This move also supports our strategy to expand business in the fast-growing Asian region which is expected to account for 40 percent of the global economy in 2030.”
The Serangoon Data Center incorporates NTT Com’s standards for uniform, world-class data-center services, facilities and operations. NTT Com's standards are closely aligned with those of globally recognized organizations, such as the Telecommunications Industry Association (TIA), The Uptime Institute, Inc. (TUI) and the American Society of Heating, Refrigerating and Air-Conditioning Engineers, Inc. (ASHRAE).