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Datacentre operator Savvis has announced plans to expand its portfolio in five major markets around the world, as well as launching new facilities in Singapore and London Docklands.

The company said that the expansion would increase the company's global footprint in response to growing market demand for its enterprise cloud, managed hosting, network and colocation services.

Savvis now operates more than 50 datacentres throughout North America, Europe and Asia. The expansion programme will add approximately 220,000 square feet of raised floor space, bringing the total datacentre space to more than 2 million square feet.

The new London Docklands datacentre (LO3), due to open on 30 June, will offer 1.53 megawatts of IT load and 10,800 square feet of raised floor space. It will cater primarily to the financial services sector, offering low-latency connectivity to European trading platforms.

Savvis' existing London data centre (LO6) will also get 12,000 square feet of new space, opening 1 October.

“Our global clients in the financial services sector need expandable, high-quality colocation, managed infrastructure and cloud with the close proximity to markets needed for low-latency trading. As they expand their trading operations, demand for this type of capability as a flexible resource is growing,” said Savvis EMEA managing director Neil Cresswell in May.

“Against the background of ever-increasing power constraints in the London region, we are delighted to deliver this power and space to support the continued growth of our clients.”

Other expansions are taking place in Santa Clara, Washington D.C., Dallas and Weehawken. The new Singapore data centre will offer 32,000 square feet of raised floor space, and is due to open on 1 August.

Last year's DatacenterDynamics Industry Census revealed that the UK is now one of the largest data centre markets in the world, housing up to 7.6 million square metres of data centre space.

Investment is predicted to grow by £2.15 billion this year, with the greatest growth expected in the South East of England, according to the research.