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:
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.
The combination of a fast-growing digital user population and a fragmented market means that local players are successfully competing and gaining an edge on global names in certain sectors.
This latest expansion brings Equinix’s total investment in the city to over US$250 million. But that’s just the start of the story. We are continuing to support the “cloud-rush” with the expansion of our Hong Kong footprint.
Consumer demand for a digital dimension to the traditional retail experience is forcing physical retailers to adapt or die. And even dedicated online retailers are facing challenges as the previously separate domains of electronic payments, mobile networks and the cloud are converging.
From advanced research to clinical studies, the pharmaceutical industry has always been driven by data. And it is clear that the delegates and the companies they represent are working hard to validate information from research centres and supplement human decision making.
Forward thinking organisations are recognizing the potential that cloud security vendors – some of them operating out of Equinix IBX data centres – can offer, on their own or in concert with other players.
Asia awards are designed to recognize and reward. And, with any luck, and a continuous commitment to excellence and innovation, we will have the opportunity to celebrate winning again in the future.
The sheer amount of internet traffic and the demand for HD content delivery present a huge opportunity as well as challenge for any on-demand content provider who has an ambition to reach global audiences.
Like most insurance industries around the world, China is moving to shift its regulatory regime towards a more contemporary risk-based system. This is where the total risks of an insurer, from a business as well as operational perspective, are brought together to ensure a company’s solvency is maintained.