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.
Everyone is talking about digital transformation, but also looking at it from different perspectives. The forum was special as it allowed for a wider understanding to be developed by embracing and integrating the views of many cross-industry players. Part one of this two-part blog covers four key takeaways that stood out from the discussion at the event.
To succeed as a digital business, companies are adopting private Interconnection at accelerated rates to build an underlying digital-ready infrastructure. The Global Interconnection Index (the GXI) Volume 2, a market study recently published by Equinix, analyzes global Interconnection—the direct and private traffic exchange between businesses.
The report points out that adapting to this new world of digital applications and data-driven insights requires flexible and reliable technology infrastructure. This is the key to realizing the true potential of digital initiatives but this is where most enterprise networks fall short. They’re simply not able to guarantee the required levels of availability, performance or security.
Digital technologies will form the cornerstone of answering this question, but in order to succeed they will need to address issues such as updating legacy infrastructure, guaranteeing data security and improving the ROI on healthcare technology investments. As a result, the digital healthcare systems of the near future call for levels of decentralization, consumerization and personalization that can only be delivered by technology and interconnection.
Our merger with i-STT and Pihana Pacific back in 2002 gave us footholds in Hong Kong, Singapore, Sydney and Tokyo. Today, we’re one of the top colocation and interconnection providers in Asia-Pacific, leading the markets in Australia, Hong Kong and Singapore. We’re also perfectly positioned for growth in a region where the potential remains huge, even after years of economic expansion.
Requirements for real time, secure communications and data exchange with patients, partners, health ecosystems and network/cloud providers are forcing healthcare companies to invest in new interconnected digital value chains, R&D, diagnostics and care delivery models.
Technology has had an enormous impact on the retail sector – not only supporting the rise of online stores, but also in enhancing the operations of traditional bricks and mortar retailers. In today’s ever-changing retail world, many stores are realizing that the best way to keep pace with evolving consumer demands is to deliver a customer experience built for the digital age.
An interconnected world that promotes connectivity and cooperation creates growth opportunities. In Asia-Pacific, the demand for connectivity is obviously growing. According to the Global Interconnection Index, published by Equinix, Interconnection Bandwidth in Asia-Pacific is expected to grow 46% per annum to reach 1,120 Tbps of installed capacity, approaching nearly a quarter (22%) of global traffic.