Keppel

Keppel, a Singapore-based data center REIT, is a top contender, Howard said. It primarily grows through acquisitions.

“The pandemic had a significant impact on colocation service providers due to the accelerated need to support remote working,” Howard said. “First, interconnection and network services demand went up significantly to support remote working, as well as connectivity to cloud and SaaS providers. The increase in SaaS usage, particularly for collaboration services, also benefited colocation SPs as many of those SaaS services use colocation for the infrastructure needed to deliver their services.”