SINGAPORE--NTT Singapore Pte Ltd has invested S$12 million (US$6.6 million) in its local data center.
Officially opened today, the NTT Singapore Internet Data Center (NTTS-IDC) is the latest addition to Japan's NTT Communications Corp's global network of over 100 data centers.
The local data center has a total floor space of 5,000 sq ft, and will provide co-location and hosting services to multinationals, Internet service providers, applications service providers, content service providers and e-commerce enterprises worldwide, the company said.
At a press conference this afternoon, NTT Singapore managing director Koichi Shimura noted that an additional S$10 million is expected to be spent on the local data center's operations in the next two years.
He also expects the center to be profitable in the same frame, pulling in between S$3 million (US$1.6 million) to S$10 million (US$5.5 million) sales in the first year of operations.
To date, NTTS-IDC has signed up 14 customers, said Shimura, but he declined to name them.