Wasabi Technologies, known for its hot cloud storage services, has revealed a strategic collaboration with VSTECS Singapore, a prominent distributor of information and communications technology solutions. This partnership aims to enhance local accessibility to Wasabi's dependable and high-performance cloud storage solutions.
“As Asia’s appetite for emerging technologies like generative artificial intelligence grows, this will inevitably drive data storage needs and, thus, demand for low-cost, high-performance object storage services,” said Michael King, Vice President and General Manager, Asia-Pacific, and Japan, Wasabi Technologies. “We are excited to take this next step forward in partnering with VSTECS, one of Asia’s top IT distributors, to deliver storage solutions that promise speed, price-accessibility, and performance to support digital transformation ambitions in Singapore and beyond”.
After inaugurating its inaugural data center in Singapore back in 2022, this revelation signifies a pivotal juncture for Wasabi in making its hot cloud storage accessible to businesses across the nation. Leveraging Wasabi's growing influence in the region with four APAC data centers, this collaboration is set to facilitate a broader regional presence supported by VSTECS's extensive network of 50,000 channel partners spanning across Asia. This expansion will extend into emerging Southeast Asian data center hubs such as Malaysia, Thailand, and Indonesia.
"Singapore's dynamic business landscape requires storage solutions that are not just innovative but also finely attuned to the diverse demands of the market that comprises both large enterprises and smaller organizations with niche needs," said Sebastian Chong, President, VSTECS Singapore. "Our collaboration with Wasabi, complemented by their local data centre, positions us to meet these demands head-on, providing customers with faster, reliable, and locally optimized hot storage solutions that can also cater to neighbouring Southeast Asian markets that are similarly witnessing a spike in storage needs."
The collaboration will empower VSTECS Singapore to better address the varied requirements of the local market by leveraging Wasabi's disruptive price-performance model. This model offers public cloud storage solutions at rates up to 80 percent lower than industry competitors. Additionally, Wasabi's cost-effective cloud storage does not impose charges for egress fees or API requests, ensuring customers receive transparent and predictable billing. With recent surveys suggesting that one in two APAC businesses are overspending on cloud services, improved access to faster and more cost-efficient solutions will be crucial for Singapore, which stands as the region's leading digital hub. This is especially pertinent as an increasing number of small and medium enterprises in the region are pursuing digital transformation initiatives.