Leading Edge Data Centres secures $20m investment to power Australia’s regional economy

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Selects sites in Newcastle and Tamworth, and lodges DA for first regional data centre build

Leading Edge Data Centres, Australia’s first dedicated edge data centre network provider, today announced it has secured a $20 million facility from Washington H. Soul Pattinson, to fund future growth capital expenditure for its regional data centre network.

Leading Edge DC was also awarded investment as part of SparkLabs Cultiv8 2020 accelerator group – an Asia Pacific acceleration program based out of regional NSW. The national rollout will see more than 20 world-class Tier 3 data centres built across regional Australia, to provide faster internet speeds and direct cloud connectivity for regional areas – starting with Newcastle and Tamworth in New South Wales.

“We are excited to partner with Leading Edge DC and support their mission to power the digital economy of regional Australia,” said Todd Barlow, Managing Director of Washington H. Soul Pattinson. “The recent Covid-19 crisis has further highlighted that Regional Australia has a great need for digital infrastructure to improve connectivity for remote and rural areas. It’s fantastic to see an Australian start-up with years of combined experience in this space initiating a solution that will fill this huge gap.”

Chris Thorpe, CEO and Founder, Leading Edge DC said, “To have the backing of Washington H. Soul Pattinson strongly affirms our mission. We’re proud to be early movers in the Australian market, with significant investment in real estate options already secured. The structure of the Internet and enterprise computing resources is changing. We’re ready to help enterprises attain a new level of network connectivity density and deliver seamless digital experiences to their customers – no matter where they are located.”

Remote working, telehealth and streaming services: COVID-19 drives increased demand 

Prior to Covid-19, Australia had started to see a decentralisation of IT and greater focus on taking compute power to where the user resides. However, investment in content delivery networks suited for streaming and gaming platforms centred in and around capital cities. The demand to deliver seamless digital experiences, driven by real-time data requirements and the growth of streaming competitors, placed strain on these traditional models.

Edge data centres enable faster compute by locally hosting the applications; whether for content hosting and distribution, IoT data processing, digital mapping, AgTech, autonomous machinery, telehealth, or telecommunications. This, among others also helps take the load out of the existing backhaul networks. They also provide the ability to reduce network latency for internet intensive activities like remote working, teleconferencing and home education – practices which have been rapidly accelerated by the coronavirus pandemic.

“Our edge network, powered by partnerships with strategic real estate, diverse network connectivity, and cloud-ready services, delivers competitive solutions for customers requiring a smarter network,” said Thorpe.

“Our modular world-class Tier 3 data centre design is also exciting,” he continued. “The data centre is prefabricated and built locally offsite, in Newcastle NSW with footprints that scale in 30 or 75 rack configurations. Within weeks we can be present in new locations with a world-class Tier 3 data centre, designed for Australian conditions, capable of scaling as required.”

Leading Edge DC’s unique design connects all of its Data Centre Hubs to provide faster internet speeds and direct cloud access for regional areas. The rollout will start with 75-Rack Edge Hubs across NSW, with Newcastle and Tamworth sites expected to be ready towards the end of the year. Albury, Wagga Wagga, Parkes, Dubbo, and Coffs Harbour are to be live by May 2021. The strategic real estate acquisition is well underway in parallel across NSW and other states to deliver a connected national DC platform

Leading Edge DC is currently in pre-commitment phase for its Newcastle and Tamworth sites, offering competitive solutions and flexible footprints for early tenants.

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