In an exciting turn of events, ETIX Everywhere is making waves in the vibrant data center landscape of Thailand with a hefty 1 billion baht investment. This strategic move is designed to not only bulk up their share in the market but also to add some serious heft to their infrastructure with an expanded data center in the bustling heart of Bangkok. This isn’t just any investment; it’s a bold statement of ETIX’s intent to become a heavyweight in Southeast Asia’s rapidly evolving data center arena.
This major investment comes on the heels of ETIX Everywhere’s strategic maneuver of securing a Share Purchase Agreement (SPA) with their partner-in-crime, Interlink Telecom. By acquiring Interlink’s 33% stake in what we now call ETIX Bangkok#1 (formerly Genesis), ETIX is stepping up to the plate, ready to take full command of the ship and ramp up the center’s tech prowess. If you’re wondering just how much oomph this adds, we’re talking about a shiny new 2 MW IT module, boosting ETIX Bangkok#1’s total capacity to an impressive 4.7 MW. Not too shabby, right?
Rewind to January 2022, and you’ll find ETIX shimmying into the Thai market with a 67% stake in Genesis, marking their territory with a modest 600 kW of IT capacity. Fast forward less than three years, and they’re not just seizing full control but also cranking up the tech volume to match the increasing demand. And it’s not just any demand—it’s the type that’s heavily courted by international bigwigs and tech giants, thanks to the surging cloud providers and the ever-hungry AI technology sector knocking on Thailand’s doors.
“Our journey with Interlink Telecom over the past three years has been nothing short of a blockbuster collaboration,” beamed Louis Blanchot, Group CEO of ETIX Everywhere. “This new wave of investment is our golden ticket to reaching new heights in Thailand, solidifying our position as a formidable data center player in bustling Bangkok.”
Earlier this year, the ETIX team already cranked up the capacity at ETIX Bangkok#1 with an added module. The expectation? We’d see it filled in three years. The reality? It was snapped up like hot cakes within just three months. This whirlwind demand is a clear sign that the Thai data center scene is more than just stirring; it’s revving up big time, a development ETIX is keenly tapping into. While Thailand might still be playing catch-up with dynamo neighbors like Malaysia and Indonesia, the influx of cloud giants is shaking things up, creating a hotspot for power players and tech titans.
“Our newest roster of clients reads like a who’s who of international cloud, content, and AI leaders,” shared Pierre Patris, CEO Asia of ETIX Everywhere. “These are serious players with serious needs for beefy colocation capacity. And while we’re prepped with this nifty new module, we aren’t stopping there. We’re already scouting further real estate options to be absolutely certain we can keep pace with this relentless demand. This isn’t just a win for us; it cements ETIX as a scalable and AI-savvy data center operator in Southeast Asia.”
At the moment, Thailand’s data center scene is just starting to tick up the S-curve, preparing for a promising leap. ETIX is gearing up for this predicted boom by doubling down on capacity and buffing up operational standards. The cherry on top? A slew of certifications—ISO 14001, ISO 22301, ISO 27001, ISO 50001, and PCI DSS for ETIX Bangkok#1—showcasing ETIX’s pledge to deliver top-notch service as they scale new heights.
Through this substantial investment, ETIX Everywhere isn’t just planting roots; they’re laying down deep, robust foundations to cater to Thailand’s burgeoning data center industry and eagerly awaiting the arrival of global technology providers who are on the lookout for reliable infrastructure. With such a robust strategy, ETIX Everywhere and its renewed commitment to excellence are certainly poised for greatness on the global stage.
1 billion baht is quite an investment! This is going to transform the data center market in Thailand.
Indeed! But can Thailand really compete with Malaysia and Indonesia yet?
Don’t underestimate Thailand’s potential—they have the location and emerging tech demand.
True, Amanda. The surging demand from AI and cloud providers is a good sign for Bangkok.
Great. Another foreign company exploiting Thailand’s market without giving back.
It’s not exploitation if they bring in technology and jobs! Plus, the entire tech sector benefits.
But are those benefits really staying local, or just lining foreign pockets?
The demand outpaced expectations, and that’s impressive. But how sustainable is this growth?
Sustainability depends on economic policies and the pace of tech adoption in SEA.
Then let’s hope for smart governance and continued tech interest.
It’s about time Thailand steps up. We need more competitive players in the region.
Competition is good, but I hope it doesn’t lead to environmental degradation.
Valid point, Clark. They need strict regulations to safeguard impact.
ETIX Everywhere seems to be making a wise move with that SPA agreement.
How long before we see local startups get pushed out by these giants?
Local startups should focus on niches to survive against these giants.
Fair point, Avi, but governments need to create a supportive environment.
It’s all sunshine in the article, but I’d like to see more focus on local talent development.
Totally, Nora. Foreign investments should come with training programs for locals.
Exactly, Sam. Otherwise, it’s just temporary benefit without long-term growth.
These mega data centers are future-proofing the economy. Exciting times ahead!
While ETIX might be celebrating, the impact on energy resources should not be ignored.
That’s a concern, Freda. They need a renewable energy strategy.
In a few years, Bangkok could rival other SEA tech hubs, thanks to these investments.
That’d be amazing for tourism too! Increased business visits mean more exposure.
The tech demand is like a double-edged sword. Great for growth, but watch the local IT pricing skyrocket.
I just hope this means better internet speeds in Thailand!
Are we celebrating too soon? Let’s wait and see if ETIX delivers on these promises in the long term.
Sometimes you just have to be optimistic about technological advancements!
Isn’t it more beneficial if local entrepreneurs develop these centers? Foreign reliance can be risky.
Buy stocks in infrastructure companies now. The SEA tech market is going to explode!
Unless it doesn’t explode, and you’re left with blown investments!
ETIX is smart to scout for more real estate. Expanding the infrastructure is essential with such demand.
Such investments are necessary, despite the risk. We need to progress technologically.
Imagine the cloud and AI possibilities opening up for Thailand! It’s about time they jumped aboard the innovation train.