The data center sector in the Philippines is facing exciting times. Pandemic lockdowns triggered an increased need from local companies to shift servers and Information Technology (IT) equipment from their premises to data centers. Foreign groups are also looking at establishing their facilities in the country.
Recently, Globe entered into a $350-million joint venture partnership with ST Telemedia Global Data Centres and Ayala Corporation to develop and operate data centers. Globe already has several data centers but believes that the joint venture will help it become a leader in the space. (more…)