SINGAPORE, Jan. 25, 2022 /PRNewswire/ — Digital Realty (NYSE: DLR), the largest global provider of cloud- and carrier-neutral data center, colocation and interconnection solutions, today announced the official opening of its first data center in South Korea, and the first carrier-neutral facility in the country. Digital Seoul 1 (ICN10) will serve as a gateway to global expansion for enterprises in Korea to scale their digital business into new markets globally, and vice versa.
ICN10 is a multi-story facility spanning 22,000 square feet and is strategically located in the northwest region of Seoul within the Sangam Digital Media City, a newly developed urban planning zone populated with technology and media companies, serving as a hub to promote South Korea’s digital economy. With 12 megawatts of critical IT capacity, the new facility will expand the availability of PlatformDIGITAL®, Digital Realty’s first of its kind global data center platform for driving the adoption of cloud computing services and solutions in the region, scaling digital businesses and supporting the development of South Korea as a data hub.
As a carrier-neutral data center facility, ICN10 offers enterprises superior connectivity with direct access to all local exchange carriers in the Korean market. The campus will form a key building block in the development of the industry’s largest open fabric of fabrics, which allows enterprises to expand their connectivity ecosystem and access a rich connected data community on PlatformDIGITAL® with over 4,000 participants in nearly 50 metros across 25 countries.
ICN10 is also a NVIDIA-certified colocation provider of choice in South Korea as part of the NVIDIA DGX-Ready Data Center program. The facility is designed to handle Artificial Intelligence (AI) and Machine Learning (ML) workloads from NVIDIA, serving as a key launch pad to help enterprises accelerate their AI and analytics capabilities.
“South Korea is a leading technology and digital hub in Asia Pacific and is set to be one of the fastest growing data center markets in the region. It was the first country to roll out 5G in April 2019 alongside its Smart Cities initiatives, which has led to a rise of data center deployments in South Korea. The opening of our first data center in South Korea today is set to meet the growing demand from enterprises looking to scale their digital footprint across APAC and beyond, as well as deliver greater connectivity, coverage and capacity,” says Mark Smith, Managing Director of APAC, Digital Realty.
According to Arizton, South Korea’s data center market is projected to grow at a compound annual growth rate (CAGR) of 7.72%% during the period of 2021 – 2026. The rapid increase in data center demand comes as South Korea ramps up its server infrastructure and cloud computing market, adoption of AI, big data services and IoT applications.
“South Korea has consistently been ahead of the curve when it comes to technology adoption in areas such as micropayment transactions, esports and gaming. As it continues to stay in the lead for internet-based economic development, we can expect an upward trajectory in the volume of data exchange and corresponding demand for data center services in the country over the next few years. Our entry into the country underscores South Korea’s
ICN10 will serve as the connectivity gateway for scale and large enterprise applications hosted in Digital Seoul 2 (ICN11), where construction is already underway, forming a virtually-connected campus. Both facilities will be connected via the Metro Connect system to extend the ICN10 communities out to the core locations.
“ICN10 will be critical to our go-to market strategy in Seoul and be complementary to ICN11, our hyperscale campus. It will be uniquely equipped to help organizations reinvent IT using a data-centric approach and unlock data gravity, the effect seen when data accumulates in massive amounts. From small to large colocation footprints, to integration with public cloud and cross-connects, organizations will have access to all the elements of the digital ecosystem from one place,” says Jay Weon Khym, Country Manager for Digital Realty Korea.
Additional Resources
- Seoul Data Center Solutions
- Introducing Digital Seoul 1 (ICN10)
- 16 June 2020 – Digital Realty breaks ground on first facility in South Korea
- 29 July 2021 – Digital Realty to extend global reach of PlatformDIGITAL® with development of 64-megawatt facility in South Korea
About Digital Realty
Digital Realty supports the world’s leading enterprises and service providers by delivering the full spectrum of data center, colocation, and interconnection solutions. PlatformDIGITAL®, the company’s global data center platform, provides customers a trusted foundation and proven Pervasive Datacenter Architecture (PDx™) solution methodology for scaling digital business and efficiently managing Data Gravity challenges. Digital Realty’s global data center footprint gives customers access to the connected communities that matter to them with over 280 facilities in nearly 50 metros across 25 countries on six continents. For more information, please visit digitalrealty.com or follow us on LinkedIn and Twitter.
For Additional Information
Media Contacts
Helen Bleasdale
Digital Realty
+44 7500 044027
hcbleasdale@digitalrealty.com
Kim Yu
Digital Realty, APAC
+65 8809 6228
kyu@digitalrealty.com
RICE Communications for Digital Realty
dlr@ricecomms.com
Investor Relations
Jim Huseby
Digital Realty
+1 (415) 738-6500
InvestorRelations@digitalrealty.com
Safe Harbor Statement
This press release contains forward-looking statements which are based on current expectations, forecasts and assumptions that involve risks and uncertainties that could cause actual outcomes and results to differ materially, including statements related to PlatformDIGITAL®, Data Gravity Index DGx and projections regarding data gravity, aggregation and exchange, the company’s strategy, expected growth in digital transformation, development plans in South Korea and APAC, the APAC market and customer demand. For a list and description of risks and uncertainties, see the reports and other filings by the company with the U.S. Securities and Exchange Commission. The company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
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