BARCELONA, SPAIN – JANUARY 31: A logo is illuminated outside the Amazon Web Services (AWS) booth at ISE 2023 and IOT Solutions World Congress at Fira Barcelona on January 31, 2023 in Barcelona, Spain. Integrated Systems Europe (ISE) is the world’s largest AV systems integration show, with 850 exhibitors and is organized by Integrated Systems Events. IOTSWC 2023 is the flagship event on digital transformation trends, based on disruptive technologies. (Photo by Cesc Maymo/Getty Images)
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SINGAPORE — Amazon Web Services said Tuesday it will invest an additional S$12 billion (about $8.87 billion) over the next five years to expand its cloud infrastructure and services in Singapore.
“The investment will be used to build and strengthen DC capabilities, all associated with Singapore’s Asia-Pacific region,” Priscilla Chong, country manager of AWS Singapore, told CNBC’s “Street Signs Asia” on Tuesday.
The US tech giant’s cloud computing arm launched its first Asia-Pacific region in Singapore in 2010 – its first foray outside the US and Europe. Since then, AWS said it has injected more than SG$11 billion into Singapore’s cloud infrastructure and ecosystem.
“Since our investment in Singapore in 2010, AWS has continued to strengthen its commitment to the ASEAN region, sharing digital skills development across countries, providing secure and resilient infrastructure consistently across the region” , Chong said at a conference on Tuesday. summit.
Chong added that the company has trained more than 400,000 people in Singapore in cloud skills since 2017 and will “continue to invest in upskilling and improving productivity” across the country.
The AI boom has led to an increase in demand for cloud computing and data center services as training AI models requires huge amounts of data and the cloud provides access to vast data sets .
“Cloud service providers like AWS play an important role in improving the digital economy ecosystem. In addition to being fundamental digital infrastructure for organizations, cloud service providers enable businesses to easily access digital resources such as compute and storage, as well as advanced capabilities such as AI and generative technologies. AI,” Tan Kiat How, Senior Minister of State at Singapore’s Ministry of Communications and Information, said at the event.
Tan said AWS will also help more organizations in Singapore adopt cloud services and AI capabilities as the region continues to see “strong momentum in digitalization”.
Tan also noted that while the outlook for the digital economy remains positive, there are simply “not enough tech professionals” in Singapore or even globally.
AWS was the world’s largest cloud infrastructure provider in the first quarter, according to data from Synergy Research Group. AWS had a 31% share of the global cloud infrastructure market in the first quarter, up from 32% a year earlier. Microsoft Azure follows AWS in second place.
Last week, Microsoft announced it would make AI and cloud investments in several Southeast Asian countries – Malaysia, Thailand and Indonesia – as it doubles its presence in the region.
Amazon Web Services has also expanded its presence in Southeast Asia in recent years.
It outlined plans in October 2022 to launch a region in Thailand with an investment of $5 billion over 15 years and announced in March last year that it would commit at least $6 billion. by 2037 in a new region of Malaysia. AWS opened a region in Jakarta in December 2021.
News Source : www.cnbc.com
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