Kenanga Research expects Malaysia’s cloud services demand to rise as global cloud service providers continue to invest in data centres, cloud, and artificial intelligence infrastructure.
According to The Star, the research house noted that a range of industry players, including CSPs, distributors, managed-cloud service providers, software vendors, and system integrators, stand to benefit from this influx of investment.
YTL Power International Bhd anticipates no delays in AI chip deliveries, with the first batch expected in the first quarter of 2025. Amazon Web Services has committed US$ 6.2 billion, Oracle US$ 6.5 billion , Microsoft US$ 2.2 billion , and Google US$ 2 billion . The research house noted that, contrary to some views, the growth in data centres is not leading to an oversupply.
The research house noted that YTL Power believes there is no oversupply issue, as the world is quickly advancing into new technology areas.
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