At Equinix, we are seeing increased demand for airlines, airports and many other companies that form part of that ecosystem looking to tap into the power of keeping data closer. They are keen to ensure that the promise of digital doesn't become a disaster.
There is one thing that many consider as the backbone of a smart city and we should discuss first – the Internet of Things (IoT). It refers to a huge network of things which are connected to the internet. Along with the wide availability of high-speed internet access and the growing number of Wi-Fi-enabled devices and sensors, IoT technology has become increasingly sophisticated, allowing connected things not only to link to the internet but also talk to each other.
Easybook found what it was looking for after talking with Equinix partner, InfoFabrica Consulting Pte. Ltd, which suggested leveraging Equinix to re-architect its IT platform and embrace a digital edge solution that would bring it closer to its users.
Bringing our total site locations in Australia to 15, Equinix now has a national footprint that fulfils a big promise to our customers, via an acquisition that represents our determination to continually meet their growing needs.
In Hong Kong, businesses have responded late to Digital Transformation. Playing catch-up, a lot of enterprises are now going through their own transformations quickly as they realize it is key to staying relevant. Hong Kong in general is a cautious market; businesses don’t jump feet first – they wait for industry movements, assess these movements to see if they’re a fad, and ask themselves, “Do we really need to do it?”
More recently, this time of year has witnessed increased demand in content delivery and video streaming. During last year's CNY celebration, unique television viewers reached a record 295 million, an 8% increase from the year before, whilst a record 632 million video streams were generated on Tencent, an increase of 90% from 2015.
What does the digital edge have to do with payments? The answer lies in the fact that the world has gone digital, which is changing almost every aspect of how payments are processed. The digital edge is enabling payment providers to connect to their customers where they are, to deliver services that are fast and secure.
The acquisition also helps us to further strengthen our leadership position in the region. According to Synergy Research Group, the combined market share of Equinix and Metronode in Australia as of Q3 2017, was 18%, which surpassed all other individual market players in terms of colocation revenues.
Faster than many of us realize, digital has become the new norm. Gone are the days when we talk about companies doing digital as it is no longer a differentiator – we all do it. Digital is persistently transforming all industries and as a result, has become the growth engine of the global economy.
It seems as if the world is living in the kind of “interesting times” promised by the infamous Chinese saying. Take Asia-Pacific for example, where a season of uncommonly powerful and destructive storms, like the monster Typhoon Hato that caused Hong Kong to grind to a halt; and Hurricane Harvey in the United States just a few months ago, have cost countries billions in damages and exacted a sad toll in human lives.