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China’s Tencent Cloud launches first data center in Indonesia
With its first data center in Indonesia, the company hopes to tap into the country’s growing cloud computing market, which is projected to be worth US$ 800 million by 2023.
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Baidu, Alibaba and Tencent, collectively known as the BAT trio, are China's three biggest tech companies. (China Daily/File)
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hinese cloud service provider Tencent Cloud launched an internet data center (IDC) in Jakarta on Monday, the company’s first in Indonesia, seeking to capture a slice of the country’s rapidly growing cloud computing market.
The IDC will allow Tencent Cloud, a subsidiary of Tencent Holdings Ltd, one of China’s biggest technology firms, to be closer to Indonesian users, enabling faster data transfers and accelerating various industries’ digital transformations.
“Indonesia has a large internet demographic dividend with a fast-growing mobile internet market. We are very pleased to launch our first IDC here to help maximize the cloud computing potential in this country,” said Tencent Cloud International senior vice president Poshu Yeung.
Indonesia is one of Asia Pacific's fastest growing cloud computing markets, with a projected 25 percent compound annual growth rate (CAGR) from US$200 million in 2018 to a projected $800 million in 2023, according to a Boston Consulting Group report.
Tencent adds to a list of tech behemoths, such as Alibaba, Microsoft and Amazon, whose cloud computing arms are racing to capture a piece of Southeast Asia’s largest digital economy.
Alibaba Cloud plans to open a third data center in Indonesia this year, Microsoft Azure has announced plans to establish its first data center but at an unspecified time and Amazon Web Services (AWS) recently launched its first edge location in Jakarta with plans for an infrastructure “region” in Jakarta by 2022 at the latest.
Read also: Amazon Web Services launches first Indonesia cloud edge location
