Singapore – Sell-side advertising platform Magnite has announced the launch of a new data center in Singapore, which accompanies the company’s continuous growth in APAC.
The new data center is designed to support the rapid growth in digital advertising services across the region and reinforce Magnite’s global leadership in CTV and omnichannel digital advertising.
As Magnite co-locates its digital television plus (DV+) and connected television (CTV) platforms in Singapore, the new data center will help standardize the company’s operations and provide maximum efficiency for buyers and publishers. The investment also allows Magnite to provide the robust technical capabilities necessary to support increased traffic.
Furthermore, the larger unified data center in Singapore will enable Magnite to better service clients across APAC from India to Australia and Japan. With this step, publishers can expect better performance and new monetization opportunities, as well as increased capacity for inventory. The company expects buyers to see better campaign performance and delivery, and have increased access to new supply.
“Preparing our technological infrastructure in APAC will give Magnite a clear competitive advantage in better servicing our clients and ultimately improve results. By unifying and standardizing our omnichannel platform, we’ll be more agile, proactive, and efficient. Our tech stack needs to evolve with the demands of the industry and we have greater flexibility to scale our infrastructure in real-time as the business scales,” said Tom Kershaw, CTO of Magnite.
Meanwhile, Juliette Stead, head of APAC at Magnite commented the new Magnite data center is a response to the company’s expectation from the entire APAC region to enjoy continued growth and recognizing the importance of investing in the region for the benefit of their clients.
“Investing at scale to optimize our capabilities ensures we will be well-positioned to respond to change. We are also building out our Amazon Web Services (AWS) infrastructure in Singapore to further support CTV growth – including live streaming. Now more than ever, we intend to be at the forefront of the strongest segment of industry growth for the foreseeable future, and ensure our infrastructure is equipped to accommodate these developments,” Stead stated.