Atlas Technology Management, the Singapore headquartered technology group and next-generation computing infrastructure-as-a-service provider, has announced its expansion and sustainability plans as part of its move to double down on its strategy to become a leader in Web 3.0 computing infrastructure.
Web 3.0 is the next chapter of the internet underpinned by blockchain technology and characterised by distributed computing, autonomous and intelligent models of operation. Atlas says that it has long been a leader in building cutting-edge infrastructure solutions in high-performance and application-specific computing to support the development of Web 3.0.
Atlas has witnessed rapid growth over the past year and recently opened new offices in Dubai and Norway. Building on this momentum, the company plans to further expand its coverage in nine countries and regions to over 30 in the next five years. This will give Atlas increased coverage in supporting the Web 3.0 transformation of enterprises and partners anywhere in the world.
Additionally, Atlas also announced its sustainability plans, committing to adopting 75 per cent green energy by 2022, 90 per cent by 2023 and ultimately reach 100 per cent by 2024. Climate change is one of humanity’s biggest challenges and tackling it is the responsibility of every company. Given the need to deliver high-performance computing and infrastructure to support the development of Web 3.0, minimising its environmental impact is essential to its future success.
Furthermore, Atlas is in partnership discussions to explore advanced technologies and operation mechanisms such as underwater data centres, to enable progressive and sustainable development of Web 3.0. A pilot underwater data centre is projected to launch in the second half of 2022.
Raymond Yuan, founder and chairman of Atlas, said: “The internet is at a point akin to the early days of cloud computing where unimaginable value is waiting to be unlocked in its next chapter, Web 3.0. This will be defined by a new economic paradigm and emerging technologies that will enable new business models. As an early mover in the space, we have the experience and resources to build the infrastructure necessary to support sustainable development in Web 3.0. Our announcement is about doubling down our focus and resources to accelerate Web 3.0’s development and unlock new growth opportunities for our partners.”