Pacnet opens $114 million data centre in Paya Lebar
Pacnet, a leading network and technology solutions company, opened its US$90 million (S$114 million) data centre in Paya Lebar on Tuesday.
The new 155,000 sq ft facility is built to have an uptime of 99.98 per cent - the time during which the system is operational - and meets security requirements laid down by the Monetary Authority of Singapore for financial institutions here.
The centre already has customers queuing up, said Mr Giles Proctor, Pacnet's vice-president of data centre construction and operations.
Its customers include telecom carriers, content providers and financial institutions.