2CRSi has announced that it has created a subsidiary in Singapore.
The new business location is part of the Group’s development strategy to expand its footprint and harness the highly auspicious growth prospects of the Asian market.
The creation of the “2CRSi Singapore PTE Ltd” subsidiary, which will start as a local team of three employees, aligns with the Group’s ambition to extend its sales coverage in South East Asia and comes on the heels of orders that were delivered in 2018 and 2019 for a total amount of over 2 million euros. Beyond those orders, the development was spurred by the high volume of commercial queries, which called for a permanent presence in the country in order to fully harness the opportunities on offer in this buoyant market and in the other countries in the region.
In a matter of years, Singapore has become a world-class technological innovation hub that is strategically positioned to deploy cutting-edge infrastructures for tech giants in both China (BATX, i.e. Baidu, Alibaba, Tencent, and Xiaomi) and the US (GAFAM). According to a report by Cushman & Wakefield in August 2019, Singapore is South East Asia’s most robust data center market and is ranked third globally.
Including the integration of the Boston Limited distribution network and this new subsidiary, the Group now has 25 sales offices located in 11 countries.