Fidelity and Mitsui to provide data centres in Japan
Colt Data Centre Services (DCS), a leading provider of global hyperscale data centre solutions, has today announced that Fidelity, a financial investments company, has entered a joint venture agreement with the Japanese conglomerate, Mitsui, to provide hyperscale data centres in Japan. The move aims to strengthen Colt Data Centre Service’s presence in the Tokyo and Osaka regions of the country.
The new joint venture will be a 50:50 ownership and will allow Colt DCS to accelerate its hyperscale strategy. “Japan remains a strategic country of focus for our regional expansion, where the demand for large-scale data centre capacity outstrips supply”, said Niclas Sanfridsson, CEO, Colt Data Centre Services. “Whilst Colt DCS already has a solid reputation in the market for working with the world’s largest hyperscale cloud providers and multi-national companies, the partnership with Mitsui and its strategic alliances will provide new opportunities for us to further penetrate the domestic enterprise sector and accelerate our land banking strategy”.
The “unprecedented success” of Colt Data Centre Services in Japan
Over the years, Colt Data Centre Services has seen “unprecedented” levels of success in Japan. The company pre-sold 94% of its capacity before the launch of its Inzai Three facility in November last year and has recently been named Frost & Sullivan’s 2021 Japan Data Center Services Company of the Year, an award which examines criteria such as customer experience, operations excellence technical capabilities, and innovation. Colt DCS currently have 50MW existing built in Japan, which will almost triple to 140MW following the joint venture.
Talking about hyperscale demand and digital transformation, Shinsuke Waka, General Manager of Financial Business Division at Mitsui & Co., said: “Data centres play a critical role in the digital transformation of businesses across the globe, and the demand for high-quality and environmentally conscious hyperscale data centres is huge. Through the management of the Mitsui Fund and our joint venture, Mitsui will utilise its unique financial and industrial capabilities to respond jointly to these needs with its global prestigious partners”.
The joint venture will appoint Colt DCS as the service provider for design, development, operations and customer service management. According to the company, Mitsui & Co. will serve as the asset manager for the venture, covering structuring, financing, land sourcing, development support and Japanese customer marketing by utilising Mitsui group’s deep industrial capabilities.
Microsoft hyperscale plans prompt Lab3 New Zealand launch
Lab3, an Australian cloud migration specialist, has announced it is launching in New Zealand after being prompted by a surge in demand for cloud services and Microsoft’s investment into hyperscale data centres.
The company, which was founded in 2017, has appointed David Boyes as Chief Executive Officer and Rich Anderson as Chief Operating Officer. According to Companies Office records, Boyes and Anderson each have a 10% share in Lab3’s New Zealand business. Commenting on cloud migration, Boyes said: “Across New Zealand, in government and every industry sector, organisations are looking to migrate to the cloud to modernise their technology environments.” He added that the Coronavirus pandemic was fuelling a “ need to tap into the power of data, facilitate remote work and meet public expectations of a virtual world.”
Chris Cook, Group CEO of Lab3 said the business was "first and foremost about client success" which drives the company’s product innovation and motivation to expand into New Zealand. “We look forward to working closely with Microsoft to deliver more for New Zealand clients,” he said.
Microsoft’s New Zealand hyperscale data centre investment plan
Microsoft’s investment into a hyperscale data centre region in New Zealand meant the resulting facilities will aim to provide several organisations with access to the security and scalability of a public cloud without sending data offshore.
Vanessa Sorenson, Managing Director of Microsoft New Zealand, said: “We’ve seen a tremendous acceleration in cloud migration over the past year as organisations have responded to global disruption and conversely, recognised the global opportunities a digital operation brings.
“Our research with IDC shows public cloud technologies are set to create 102,000 local jobs and add [NZ]$30 billion to the New Zealand economy over the next four years, so we’re delighted to welcome a partner of LAB3’s calibre to New Zealand, to help more organisations realise those gains even faster," she added.
Lab3’s clients include several fintech organisations, a global software vendor, Australian federal and state government agencies, and insurance and banking corporations. The company employs over 200 staff and has three advanced specialisations across migrations, Azure virtual desktop, and security.