Malaysia's data centre industry poised for remarkable growth, says Teo Nie Ching

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Cloudtech & Data Centre 2024 Conference News

Vertiv,Basis Bay,Shawn Suresh

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Star Media Group Bhd chief business officer Lydia Wang and SMG group chief executive officer Chan Seng Fatt presenting Deputy Communications Minister Teo Nie Ching a token of appreciation after the conclusion of Teo's speech at the Cloudtech & Data Centre 2024 Conference Aug 7 2024.

“This is due to low latency being essential for a seamless experience, especially for applications like autonomous vehicles and complex remote operations that these data centres should support. “RM76bil worth of data centre-related investments have been approved by the Investment, Trade and Industry Ministry via the Malaysian Investment Development Authority from 2021 to March 2024.

Meanwhile, Shawn Suresh, an IT infrastructure chief technology officer at Basis Bay, a home-grown leading data centre and IT infrastructure provider, said the event was needed to build confidence in the industry. Shawn also called for the legislation of foreign data centre providers to protect local industry players.

“With modern data centres expected to be more advanced through integration of AI, energy consumption will increase accordingly.

 

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