Nokia Targets Thailand as Key Data Center Connectivity Hub in Southeast Asia
Nokia is looking to establish Thailand as a central hub for the digital industry in Southeast Asia, focusing on becoming a leading provider for data center connectivity.
Nokia Thailand and Cambodia’s head, Ajay Sharma, in an interview with The Nation, has expressed the company's intent to grow its presence in the region in anticipation of the digital business boom.
Sharma highlighted Thailand's Board of Investment's encouragement through various incentives for digital technology and data center investment, fostering a conducive environment for growth.
He emphasized the importance of reliable data centers for expanding digital businesses and noted existing collaborations for a data center campus in Thailand.
Research indicates that Thailand's data center market could see a 25% annual growth rate from 2022 to 2028, potentially doubling capacity by 2025. The shift towards hyper-scale cloud services and the move from in-house servers to public cloud facilities could further drive this expansion.
However, Sharma pointed out that the challenge lies in connecting a diverse range of data centers effectively.
Nokia's role is significant in offering a range of Data Center Interconnect (DCI) solutions to facilitate secure, scalable, and high-speed cloud integration.
Sharma portrayed Nokia as a preferred partner in the sector due to their reliable, evolving connectivity solutions and their emphasis on backwards-compatible chipsets and traffic management.
As Nokia reveals its Technology Strategy for 2030, identifying AI, cloud, the metaverse, APIs, industry 5.0, value internet, sustainability, and security as key trends, the company sees growth opportunities in Thailand.
Nokia’s strategic focus will be on leadership in mobile networks, infrastructure, cloud services, and technologies, with commitments to partnerships in both public and private sectors towards achieving these goals. Global network traffic demand is projected to surge, with data traffic expected to increase at a 22-25% CAGR through 2030.