Iron Mountain continues the global expansion of its data center network. This week the company opened a new data center in Singapore, which will be the company’s first facility in Asia. The project reinforces Iron Mountain’s strategy of adding data center space in global financial capitals, providing a digital extension to its document storage business.
Singapore has become one of the most important data center markets in Asia, with about 40 existing data centers and more under development. It has become a key global business hub, with strong connectivity to other leading Asian markets and a politically stable, business-friendly economy. This has made Singapore a key market for multi-national enterprise customers, particularly in financial services.
That aligns particularly well with Iron Mountain’s data center ambitions. The company has ramped up its data center operations in recent years through both acquisitions (including FORTRUST, IO, EvoSwitch and sale/leasebacks of enterprise facilities) and construction of purpose-built infrastructure in markets like Northern Virginia and Phoenix.
The Singapore opening comes on the heels of Iron Mountain’s launch of a new purpose-built data center in Phoenix and nearly 4 megawatts of turn-key capacity across new facilities in Amsterdam and London. With its new sites, Iron Mountain now has 14 data centers across the U.S., Europe and Asia, with the ability to scale to 350 megawatts of capacity at full build-out.
Building Momentum for Global Expansion
“With our new SIN-1 data center, Iron Mountain continues its commitment to building world-class data center offerings for global organizations,” said Mark Kidd, Executive Vice President and General Manager, Data Centers at Iron Mountain. “We are excited to move into the next phase of growth for our digital strategy with the expansion of our global data center platform, building on our momentum in Phoenix and Western Europe. SIN-1 has been carefully designed to extend this progress and meet the rigorous needs of global customers, solidifying our global footprint with operations in this critical and fast-growing market.”
