Technology

CapitaLand Investment launches research paper on ‘Asia Pacific Data Centre Investment Strategies in the Age of Digitalisation’

Published

2 years ago

July 5, 2024

Strong secular tailwinds drive investors’ interest in the region’s sector

SINGAPORE, July 5, 2024 /PRNewswire/ — CapitaLand Investment (CLI) has launched its latest research paper on investment strategies for Asia Pacific’s (APAC) data centre (DC) industry as part of its ‘Perspectives’ research series. Leveraging insights from CLI’s expertise on the ground, the research paper highlights the demand drivers behind the rapid growth of DCs in the region and strategic investment considerations for investors. The paper also includes a case study on navigating India’s DC sector.

Ms Michelle Lee, CLI’s Managing Director, Private Funds (Data Centre), said: “Digitalisation is a global mega trend driving the growth of data centres. With the DC sector’s strong secular tailwinds, 97% of institutional investors plan to increase their capital allocation into the sector1, particularly in Asia Pacific. As DCs are more resilient, allocation to this asset class can be an integral part of investors’ portfolio diversification strategy.”

“CLI has accelerated our growth in the DC sector, adding 22 DCs since 2021. Today, we have 27 DCs with about US$4.5 billion assets under management and more than 800 megawatts (MW) in gross power across eight countries globally2. CLI has vertically integrated DC capabilities spanning across design, development, sales, and operations. With DC domain capabilities, combined with our deep market knowledge, deal-sourcing and investment network in Asia, we are well-positioned to partner with investors to tap into the wealth of opportunities in the sector,” added Ms Lee.

APAC as a strong growth market

While cloud computing has been the primary driver for DC demand, the rise of artificial intelligence (AI) is now fuelling a more explosive growth. The revolution in the scale at which data is being used and managed is fundamentally a global phenomenon, but nowhere is it unfolding as rapidly as in APAC markets. On population per MW basis, APAC markets are underserved compared to regions such as EMEA and North America3.

APAC economies are not only growing faster, the region’s enormous population and swelling internet user base also cement its status as a highly attractive destination for DC investment. Its internet user base has grown seven-fold since 2005, compared to the growth of 1.9 times in the Americas and 1.8 times in Europe over the same period4. Going forward, APAC markets should continue to lead, as internet adoption further increases given the lower penetration rates in the region.

DC transactions in APAC rose about 2.4 times to approximately US$22 billion from 2019 to 2023, compared to the preceding five years, even as markets generally stagnated during the COVID-19 pandemic5.

While hyperscalers continue to drive DC demand, APAC colocation market is also expected to double in size to US$52 billion by 20266, becoming the world’s largest colocation DC market.

Key DC markets in APAC

Tokyo, Osaka, Seoul, Singapore and Sydney are key developed DC markets in APAC7. These markets have achieved scale and are important DC hubs in the region.

Beijing and Shanghai also show promise due to China’s large population, growing digital services sectors, strong government support, and robust long-term economic prospects.

Increasing demand for DCs in India

Highlighting India as a hotspot for DC investment, Mr Sanjeev Dasgupta, CLI’s CEO for India, said: “India’s DC industry has seen increasing interest from institutional investors and has a long runway for further growth. India has the world’s second highest number of mobile subscribers and one of the fastest growing data consumption per user rates. The government’s digitalisation drive, data localisation regulation as well as the growth of cloud and AI will generate more demand for DC capacity. With CLI’s 30 years of experience in India, we have the capabilities and a deep understanding of the local market. We have a dedicated team of DC experts in India and are currently developing four DCs across the key markets of Mumbai, Bengaluru, Chennai and Hyderabad with a total gross power of 244 MW.”

The seven major cities in India – Mumbai, Bengaluru, Chennai, Hyderabad, Delhi NCR, Pune, and Kolkata – are the focal points for new DC development, offering strategic locations with proximity to key business centres. Mumbai stands out as the preeminent hub, hosting more than half of the country’s DC capacity8 with the other major cities mentioned developing strongly.

Opportunities and strategic considerations

Different DC models offer a spectrum of options for investors, catering to different preferences and risk appetites. However, the lack of stabilised DCs available for sale in APAC means the most promising opportunities for investors lie in developing new DCs – a strategy that can both satisfy new demand and yield higher returns.

Power availability has taken centre stage as a crucial determinant for DC locations. There is also a growing emphasis on sustainability. Increasingly, DC users and savvy operators are seeking to reduce their carbon footprints by being more energy-efficient and tapping renewable energy sources.

Investors should also be mindful of the geopolitical, regulatory and technological risks associated with DC investments. It is therefore crucial for investors to collaborate with DC partners who have a strong network, local expertise, and specialist domain knowledge.

To read the full research paper on DC investment strategies in APAC, visit: https://www.capitaland.com/global/en/about-capitaland/newsroom/Perspectives/2024/Apac_Data_Centre_Investment_Strategies_Age_of_Digitisation.html

Launched in 2022, Perspectives is CLI’s series of thematic and topical research reports aimed at providing proprietary insights on real asset investment trends and strategies, private equity developments, macroeconomy and markets. For more, visit:
https://www.capitaland.com/en/investment/news-and-events/perspectives.html

[1] 2024 Global Data Centre Investor Sentiment Survey, CBRE.

[2] Includes data centres in operation and under development.

[3] The World Bank, United Nations, CBRE, CLI PERA Research, June 2024.

[4] ITU World Communication, CLI PERA Research, June 2024.

[5] MSCI, Real Capital Analytics, CLI PERA Research, June 2024.

[6] CBRE, CLI PERA Research, June 2024.

[7] CBRE, Cushman & Wakefield, DC Byte, CLI PERA Research, June 2024.

[8] Avendus, “DCs: Powering Digital India”, May 2023, DC Byte, CLI PERA Research, June 2024.

Logo – https://mma.prnewswire.com/media/2259522/CapitaLand_without_investment_Logo.jpg

View original content:https://www.prnewswire.co.uk/news-releases/capitaland-investment-launches-research-paper-on-asia-pacific-data-centre-investment-strategies-in-the-age-of-digitalisation-302189520.html

Technology

Wondershare Demonstrates AI-Powered Document Workflows with PDFelement at Microsoft AI Tour Hong Kong

Published

2 minutes ago

April 23, 2026

HONG KONG, April 23, 2026 /PRNewswire/ — Wondershare, a global leader in digital productivity and creativity software, showcased its latest AI-powered solutions at the Microsoft AI Tour Hong Kong, highlighting how its flagship product, Wondershare PDFelement, integrates with Microsoft technologies to enable smarter, more secure, and more efficient document workflows for enterprises.

As Microsoft’s flagship global AI event, the Microsoft AI Tour brings together partners and industry leaders to explore how AI is transforming business operations. At the Hong Kong stop, Wondershare demonstrated its deep collaboration with Microsoft across key solution areas, showcasing how its product ecosystem aligns with Microsoft technologies to deliver integrated, end-to-end AI workflows.

At the center of the showcase was Wondershare PDFelement, an AI-powered, all-in-one PDF solution designed to streamline document-centric processes in enterprise environments. Through deep integration with the Microsoft ecosystem, PDFelement enables seamless interoperability with widely used applications such as Word, Excel, and PowerPoint, allowing users to convert PDFs into fully editable formats while preserving original layout and structure. With built-in Office plugins, users can also generate standardized PDFs directly within Microsoft applications. PDFelement further supports deployment in Microsoft Azure environments, enabling Single Sign-On (SSO) for streamlined access management, while maintaining compatibility with Microsoft Rights Management Services (RMS) to securely manage protected documents.

Beyond its ecosystem integration, PDFelement also introduces a suite of AI-powered capabilities to enhance productivity across document workflows. Smart Redact enables automatic detection and masking of over 70 types of sensitive data to support compliance requirements, while Professional AI Translation delivers accurate, industry-specific language output for cross-border collaboration. The Admin Console provides enterprise-grade centralized access and permission control, allowing IT teams to manage AI, cloud, and eSign features with real-time visibility into license usage. At the event, attendees can also experience a range of enhanced AI features, including AI Summarize, Chat with PDF, AI Translate, AI Detect and Rewrite, as well as AI Proofread, Voice, Explain, Grammar Check, and Mind Map Generation.

In addition to PDFelement, Wondershare also showcased how its broader product portfolio integrates with Microsoft technologies. EdrawMax offers full compatibility with Microsoft Visio through bidirectional .vsdx import and export, along with Office add-ins, OLE embedding, and data-driven diagram generation from Excel, while also featuring AI-powered capabilities such as the Edraw Agent, natural language-driven diagram generation, and text-to-diagram conversion across platforms. EdrawMind enables one-click conversion of mind maps into PowerPoint and supports intelligent analysis of Office documents to generate structured knowledge frameworks, alongside AI features including webpage summarization, node-based note generation, and AI-powered search. Filmora is optimized for the Windows AI PC ecosystem, leveraging on-device NPU acceleration for AI-powered video processing, supporting Windows on Arm, and enabling natural language interaction with RAG-based asset matching, while also incorporating AI Extend, AI Portrait, and Smart Cutout. Reelmate provides an AI-powered, agent-driven platform covering the full content production pipeline from generation to post-production for creating premium comic series.

Through live demonstrations, attendees were able to experience how Wondershare’s AI-powered solutions can be applied across real-world enterprise scenarios, from document processing and knowledge management to visual communication and content creation. The showcase attracted strong interest from professionals across industries such as finance, education, information technology, and telecommunications, particularly around capabilities related to document security, automation, and cross-language collaboration.

Wondershare’s participation in the Microsoft AI Tour Hong Kong highlights its continued commitment to advancing practical AI adoption through deep ecosystem integration. By combining AI capabilities with seamless compatibility across Microsoft technologies, Wondershare is helping enterprises build more secure, connected, and efficient workflows for the future.

About Wondershare:

Wondershare is a globally recognized software company founded in 2003, known for its innovative solutions in creativity and productivity. Driven by the mission “Creativity Simplified”, Wondershare offers a range of tools, including PDFelement for document management; EdrawMax, EdrawMind for diagraming, Filmora and SelfyzAI for video editing. With over 2 billion cumulative active users across all products and a presence in over 200 countries and regions, Wondershare empowers the next generation of creators with intuitive software and trendy creative resources, continually expanding the possibilities of creativity worldwide.

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/wondershare-demonstrates-ai-powered-document-workflows-with-pdfelement-at-microsoft-ai-tour-hong-kong-302751206.html

SOURCE Wondershare Technology

Technology

TCL Solar Highlights Groundbreaking Solar Products at Korea Green Energy Expo 2026

Published

2 minutes ago

April 23, 2026

Booth No: K-450

DAEGU, South Korea, April 23, 2026 /PRNewswire/ — TCL Solar is currently exhibiting its latest photovoltaic solutions at the Korea Green Energy Expo, reinforcing its commitment to advancing South Korea’s renewable energy market. As South Korea is poised to become a key global player in the solar energy sector, the country is on track to achieve a cumulative installed solar capacity of 55.7GW by 2030, with over 5GW set to be installed annually. Among the growing demand, distributed and floating photovoltaic systems are driving significant market expansion.

TCL Solar is actively supporting South Korea’s renewable energy goals by offering high-efficiency, reliable solar modules and localized services that are integral to helping the country meet its solar installation targets and accelerate its transition to sustainable energy.

TCL Solar is showcasing its T5 Pro TOPCon Multi-Cut Product, which utilizes advanced TOPCon technology with overlapping cell architecture, offering a maximum power output of up to 670W、755W. This cutting-edge solution represents the pinnacle of high-efficiency solar energy.

Additionally, the C2 BC Module, powered by Back Contact technology, delivers significantly higher energy yields, making it perfect for complex applications with high BOS costs, low ground reflectivity, limited land availability, partial shadow scenarios, or aesthetic requirements.

The BC module with its no busbar design and no front metal lines present a more visually appealing aesthetic, meeting Korean architectural requirements. Offering a power output 20W higher than TOPCon modules, it also maintains significantly better hot spot resistance and a degradation rate of just 0.35%.

Additionally, the company introduced the lightweight modules (5.4kg/m², reducing weight by 49%) that are particularly suitable for low-load rooftops of aging factories in Korea.

Besides, the company proudly congratulate Prana Solution Co., Ltd. on winning the 2025 TCL Solar Top Sales Award on site. This remarkable achievement highlights the strong partnership between Prana Solution and TCL Solar, built on a shared commitment to innovation and sustainable energy.

Backed by TCL Zhonghuan’s (TCL Solar parent company) advanced manufacturing capabilities including the launch of the industry’s first 4.0 silicon wafer factory in 2020, TCL Solar guarantees excellent quality and technical support. TCL Solar will continue to collaborate with local partners to help South Korea achieve its renewable energy goals, while advancing its global expansion through partnership with the Korean market for mutual growth.

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/tcl-solar-highlights-groundbreaking-solar-products-at-korea-green-energy-expo-2026-302751217.html

SOURCE TCL Solar

Technology

BCG Reports $14.4 Billion in Revenue, Marking 22nd Consecutive Year of Growth

Published

2 minutes ago

April 23, 2026

Tech- and AI-Focused Services Now Represent More than 40% of Total RevenueBCG Grew to 33,500 Employees

BOSTON, April 23, 2026 /PRNewswire/ — Boston Consulting Group (BCG) has reported 7% global revenue growth, rising to $14.4 billion in 2025 from $13.5 billion in 2024, marking its 22nd consecutive year of growth. The firm expanded across all regions, reflecting client demand globally for large-scale transformation and applied AI impact.

Growth in 2025 was driven by clients seeking to harness technology and AI, pursue new avenues of growth, achieve cost excellence, and redesign their organizations for sustained results. AI- and tech-focused services now represent over 40% of BCG’s total revenue, driven by 25% year-over-year growth in AI services. BCG’s applied AI approach, embedding technology in real business operations at enterprise scale, enabled exponential impact for clients including IBM, Reckitt, and Foxconn.

“Our growth reflects the ambition of our clients and the dedication of our teams,” said Christoph Schweizer, BCG’s CEO. “We partner with leaders at defining moments to navigate uncertainty, embrace AI, and turn strategy into sustained advantage. As AI reshapes business, it is also reshaping how we operate as a firm. AI is now woven into every offering, client relationship, and daily case team experience to drive transformation and multiply impact for our clients.”

Building Up BCG’s Team to Deliver Transformational Results
BCG continued to expand its global talent base in 2025, growing its workforce to 33,500 employees. The firm added AI engineers, data scientists, IT architects, and deep-industry specialists, while continuing to develop its consulting teams to lead complex end-to-end transformations.

AI upskilling efforts have further accelerated across the firm, equipping teams to combine human judgment with AI-powered tools. BCG employees now use AI tools daily, with nearly 4,000 BCG employees actively developing and scaling AI workflows through advanced coding and automation. LinkedIn’s AI Talent Maturity Index places BCG’s workforce as leaders in the industry.

“Our people are at the center of our performance,” Schweizer said. “Their judgment, empathy, and ability to combine applied AI with strategic clarity are what enable us to deliver lasting impact for clients.”

Serving Clients in an Applied AI World
As AI reshapes industries, BCG is embedding AI directly into how it designs and delivers client solutions. Over the past year, the firm has reimagined its offerings by integrating AI into core consulting workflows—embedding proprietary knowledge, data, and proven delivery approaches into reusable, human-led agentic processes that accelerate impact.

Through BCG X, the firm builds bespoke AI solutions where differentiation matters most, deploying industry-specific platforms such as Auto AI, Retail AI, and Deep Customer Engagement AI directly into client systems. In 2025, BCG launched the BCG X AI Science Institute to advance frontier applications across industries, strengthening its work at the intersection of science, technology, and business transformation. BCG also serves as an ecosystem orchestrator working to deliver integrated solutions in collaboration with its tech alliance partners.

To best serve clients, BCG remains a leader in developing and using AI in a manner that is secure, responsible, and trusted by clients, partners, and regulators. BCG was among the first 100 organizations globally, and the only premium consulting firm, certified for ISO/IEC 42001 International Standard for AI Management Systems.

Media Contact:
Brian Bannister
Bannister.Brian@bcg.com

About Boston Consulting Group
Boston Consulting Group partners with leaders in business and society to tackle their most important challenges and capture their greatest opportunities. BCG was the pioneer in business strategy when it was founded in 1963. Today, we work closely with clients to embrace a transformational approach aimed at benefiting all stakeholders—empowering organizations to grow, build sustainable competitive advantage, and drive positive societal impact.

Our diverse, global teams bring deep industry and functional expertise and a range of perspectives that question the status quo and spark change. BCG delivers solutions through leading-edge management consulting, technology and design, and corporate and digital ventures. We work in a uniquely collaborative model across the firm and throughout all levels of the client organization, fueled by the goal of helping our clients thrive and enabling them to make the world a better place.

View original content to download multimedia:https://www.prnewswire.com/news-releases/bcg-reports-14-4-billion-in-revenue-marking-22nd-consecutive-year-of-growth-302751073.html

SOURCE Boston Consulting Group (BCG)