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Data Center News > Blog > Investments > DAMAC and Vodafone invest $100 million in new data center
Investments

DAMAC and Vodafone invest $100 million in new data center

Last updated: February 20, 2024 6:14 pm
Published February 20, 2024
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DAMAC and Vodafone invest $100 million in new data center
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The brand new knowledge centre to be inbuilt Türkiye’s Izmir with a capability of 6 megawatts

Contents
Vodafone’s contribution to Türkiye’s GDPDesigned to satisfy Tier 3 requirementsStrategical placeOne-stop store

Consistent with its international technique of forging strategic partnerships with main corporations worldwide, EDGNEX Data Centres by DAMAC, a number one supplier of digital infrastructure, has introduced the institution of a three way partnership firm with Vodafone to construct a cutting-edge knowledge heart in Izmir, Türkiye, with an estimated funding of $100 million. Scheduled for completion in 2025 with a capability of 6 megawatts, the brand new knowledge heart displays Vodafone’s imaginative and prescient to pioneer Türkiye’s digital transformation and underscores the corporate’s dedication to investing in each the sector and the nation’s future.

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Aqil Ali, vice chairman and board member of EDGNEX Knowledge Centres by DAMAC, and Engin Aksoy, CEO of Vodafone Türkiye, attended the press convention in Istanbul for the Vodafone Izmir Knowledge Middle venture.

Aqil Ali acknowledged: “Our three way partnership with Vodafone is a big milestone for DAMAC, offering important digital infrastructure for the rising market on Turkey’s western coast. The Japanese Mediterranean area has a excessive demand for knowledge facilities, making Izmir, one of many largest and oldest cities in Turkey, a perfect location to satisfy this want. Our purpose is to construct international strategic partnerships that may have a significant impact on native digital economies, and the collaboration with Vodafone will end in a top-notch facility in a always evolving market.”

Vodafone
Senior officers forward of the press convention. (Equipped)

Vodafone’s contribution to Türkiye’s GDP

Engin Aksoy spoke on the press convention and remarked: “Vodafone holds a big place within the funding panorama of our nation. Our position within the Turkish financial system is necessary as a key participant. The true worth of our investments over the span of 17 years has exceeded TL 157,6 billion. The Vodafone ecosystem made a big contribution of TL 68 billion to Turkey’s GDP throughout the fiscal 12 months of 2022-23. Over the following 5 years, our plan is to develop exponentially with investments in Knowledge Middle, Cloud Options, Cyber Safety, Cell Personal Community, and IoT. Additionally, the cloud computing market is projected to hit 947,3 billion {dollars} by 2026. We imagine that Turkey ought to participate on this rising financial system. As well as, it stays essential to put money into dependable and high-capacity knowledge facilities for cloud computing.”

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Moreover, he added: “Taking this into consideration, we collaborated with DAMAC to construct a brand new knowledge heart in Turkey, and established a three way partnership. Our purpose via this strategic partnership is to develop knowledge heart services in each Turkey and worldwide markets. Moreover, the info heart we’re set to construct in Izmir will likely be our main joint venture. We count on the whole funding quantity to achieve $100 million. Furthermore, the info heart will likely be a significant milestone in our expertise investments. Vodafone will proceed to leverage its international expertise and native capabilities to contribute to the sustainable progress of our nation.”

Vodafone
A press convention saying the funding. (Equipped)

Designed to satisfy Tier 3 requirements

The information heart will incorporate the most recent expertise and meet Tier 3 requirements. The information heart business acknowledges Tier 3 knowledge facilities as these outfitted with state-of-the-art options, guaranteeing 99.982 % uptime, full redundancy, and fault tolerance. It has been designed to satisfy the earthquake resistance requirements, and the Tier 3 requirements, outfitted with redundant infrastructure capability, together with a dependable cooling system, computing techniques, and a expertise heart that may be maintained whereas working. The information heart could have a inexperienced vitality element and will likely be powered considerably by inexperienced vitality sources.

Strategical place

Izmir is located in proximity to quite a few submarine cable transit hubs, providing connectivity to Europe, Africa, and Asia. By its strategic place, the continued growth of submarine cables on this area is very interesting to web change factors and content material supply community (CDN) suppliers. Furthermore, the submarine cable system is ready to determine a connection between Türkiye and Greece, bridging the cities of Izmir, Athens, and Crete. This may present knowledge heart prospects entry with low latency via redundant connection routes.

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One-stop store

Moreover, the brand new knowledge heart will supply end-to-end companies to prospects via ecosystem. The information heart, deliberate a carrier-independent facility, would be the best choice for purchasers of all segments. The brand new knowledge heart will function a “one-stop-shop” for the area, connecting to Europe via each terresterial and submarine cables. It should serve particularly to content material creators, wholesale service suppliers, and companies in want of catastrophe restoration heart companies. This will likely be a key think about prospects’ resolution to decide on the middle. The brand new growth will likely be a significant hub for each OTT and hyperscaler section. This section could have the choice to entry knowledge heart companies through an alternate geographical route.

For extra information on expertise, click on right here.

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TAGGED: Center, Damac, data, Invest, million, Vodafone
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