Digital Realty has announced that it has acquired a land parcel in Seoul that is expected to support the development of up to 64 megawatts of critical IT capacity. The parcel is located in northwest Seoul, approximately 23 kilometres from Digital Seoul 1 (ICN10), the company’s first facility in South Korea, which is currently under construction.
The multi-story facility is expected to encompass 970,000 square feet and to be fully operational and offer more opportunities for domestic and international companies to expand their digital capabilities across South Korea by the first half of 2023. The carrier-neutral campus will form a key building block in the development of the industry’s largest open fabric of fabrics, providing access to the rich connected data community with over 4,000 participants in 47 metros across 24 countries.
The development is part of a broader plan to build new open, secure and dynamically connected data communities in major hubs around the world to unlock opportunities and trapped value in digital business. The collaborative approach with the industry aims to remove legacy barriers to digital transformation by more closely aligning with the hybrid IT and security considerations of multinational enterprises.
“South Korea is one of the world’s largest economies and represents a significant opportunity to extend coverage, capacity and connectivity options for the world’s leading enterprise customers and service providers,” A. William Stein, chief executive officer at Digital Realty, said. “Our continued investment in the country supports the delivery of carrier-neutral solutions to enable the digital transformation strategies of local and global customers in the region.”
“The launch of ICN11 is an integral part of our go-to-market strategy in South Korea and is expected to go a long way towards meeting the rapidly growing demand and bringing value for customers across the region,” Jay Weon Khym, country manager for Korea at Digital Realty, said. “Current and future customers on our carrier-neutral campus in one of the world’s most innovative economies will have access to greater coverage, capacity, and connectivity capabilities to unlock the true potential of digital transformation.”