Technology trends come and go. Some are successful while others fade away, but ultimately how can enterprises benefit from these technologies in today’s digital world? In this ‘Interconnection x Hot Tech’ blog series, we will examine the hottest technology trends in Asia-Pacific, and how their applications across different verticals is set to change the way we live. Today, let’s first explore the field of mobile communications and anticipated impact of 5G.
Cloud computing has unleashed a whole host of innovation, on-demand usage and collaboration options that companies are looking to take advantage of. However, ‘cloud’ is not a one-click panacea.
In Sydney we’re preparing for the launch of our eighth data center, named SY5 – a US$160 million (approximately A$224 million) investment for Equinix. In Perth, we’ve spent almost US$10 million (A$15 million) to expand our PE2 data center over the past year, while today in Melbourne we announced the development of ME2, an initial investment of US$84 million (approximately A$117 million).
The recent unveiling of the Greater Bay Area blueprint by China’s State Council has ignited lots of conversation across Asia-Pacific about the impact of emerging technologies, the entrance of new players and the importance of connectivity and expanded partnerships with existing providers to support the growth of technology in the South China region.
Seventeen years, seven Sydney-based International Business ExchangeTM (IBX®) centers, and 45,000 square meters later, we’re preparing for the launch of our eighth data center in Sydney, named SY5 – a US$160 million (approximately A$224 million) investment for Equinix. It’s worth reflecting on how we got here and how things have changed thanks to our interconnection-led growth strategy.
Following hot on the heels of our expansion plan for our fourth International Business Exchange™ (IBX®) data center in Singapore - SG4, I am thrilled to share some more exciting news. We are entering into a whole new market - South Korea - with a new IBX data center in Seoul, scheduled to open in Q3 2019.
SG4, a new facility scheduled to open in Q4 2019, will provide interconnection and premium data center services to help businesses with their IT transformation and cloud adoption initiatives. It will help support the digital infrastructure of Singapore as the government strives to transform the country into a connected society via a variety of initiatives.
On a personal level, it was my 18th year of service here and I’m proud of how Equinix has contributed to the digital economy, and feel grateful to have played a part in it. Looking back on 2018, in Asia-Pacific, our role in accelerating interconnection to help companies succeed in their digital journeys has propelled us to become one of the top colocation and interconnection providers in the region.
In part one of this two-part series I shared some key takeaways from the recent forum, “Digital Asia: Asia’s Digitally Transforming Economies”, hosted by The Economist Corporate Network in Hong Kong. As discussed in my last post, digital transformation is growing fast around Asia-Pacific, thanks to the explosive growth of the internet, mobile penetration, FinTech and big data. In this blog post I want to highlight some of the things companies need to think about when it comes to responding to the huge opportunity presented by digital transformation in Asia-Pacific. Here a few things to consider:
Whilst natural disasters cannot be avoided, many anticipate that interconnected smart cities will enable citizens to better protect themselves and empower governments to better safeguard private and public assets. Everyone desires a quick recovery.