Chinese cloud service provider Tencent Cloud launched an internet data centre (IDC) in Jakarta on Monday (April 12), 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 maximiSe 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 per cent 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.
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