Atlas announces market expansion and sustainability plans, as the company doubles down on Web 3.0
PR94913
SINGAPORE, March 9, 2022 /PRNewswire=KYODO JBN/ --
Plans include achieving 3X geographical expansion and 100% green energy by 2024
Atlas Technology Management (Atlas), the Singapore headquartered technology
group and one of the world's largest next-generation computing
infrastructure-as-a-service providers, has announced its expansion plans as
part of its move to double down on its strategy to become a leader in Web 3.0
computing infrastructure.
Web 3.0 is the next chapter of the internet underpinned by blockchain
technology and characterized by distributed computing, autonomous and
intelligent models of operation. Atlas has long been a leader in the building
cutting-edge infrastructure solutions in high performance and application
specific computing to support the development of Web 3.0. Its comprehensive
service offering includes ASIC computing, node infrastructure, networking,
hardware and software, API support as well as storage.
Atlas has witnessed rapid growth over the past year and recently opened new
offices in Dubai and Norway. Building on this momentum, the company plans to
further expand its coverage in nine countries and regions to over 30 in the
next five years. This will give Atlas second-to-none coverage in supporting the
Web 3.0 transformation of enterprises and partners anywhere in the world.
Climate change is one of humanity's biggest challenges and tackling it is the
responsibility of every company. Given the need to deliver high performance
computing and infrastructure to support the development of Web 3.0, minimizing
its environmental impact is essential to its future success. Atlas upholds the
belief in "tech for good" and is fully committed to contributing to the
sustainable development of Web 3.0. For this reason, Atlas will adopt 75% green
energy by 2022, 90% by 2023 and ultimately reaching 100% by 2024.
Furthermore, Atlas is in partnership discussions to explore advanced
technologies and operation mechanisms such as under-water data centers, to
enable progressive and sustainable development of Web 3.0. A pilot under-water
data centre is projected to launch in the second half of 2022.
Raymond Yuan, Founder and Chairman of Atlas, said, "The internet is at a point
akin to the early days of cloud computing where unimaginable value is waiting
to be unlocked in its next chapter, Web 3.0. This will be defined by a new
economic paradigm and emerging technologies that will enable new business
models. As an early mover the space, we have the experience and resources to
build the infrastructure necessary to support the sustainable development in
Web 3.0. Our announcement today is about doubling down our focus and resources
to accelerate Web 3.0's development and unlock new growth opportunities for our
partners."
About Atlas
Atlas is a Singapore headquartered technology group offering a broad range of
value-added services including application specific computing, node
infrastructure, networking, hardware, API support and storage to drive and
maintain the Web 3.0 ecosystem.
Atlas is committed to be a global leading next-generation computing
infrastructure provider that advocates sustainable growth, green energy
adoption, power usage efficiency and stability to drive the Web 3.0 evolution.
It has committed to adopt 100% green energy to power its computing operations
by 2024.
The company operates high performance computing facilities in Central Asia,
Europe, and North America with further plans to expand in other regions. It is
one of the largest companies in application specific computing (ASIC).
SOURCE: Atlas Technology Management Pte. Ltd.
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