When one of these models also includes data on how the process (or thing) works and develops over time, it is a digital twin. For example, a digital twin of a smart building would include real-time environmental and operational data on energy use, temperature, humidity, occupancy, security incidents, maintenance needs, external weather patterns and more.
To improve effectiveness and affordability while managing financial sustainability, healthcare providers are looking to offer more personalized, patient-centered care while shifting their approach from treatment to prevention and well-being. Decentralization of care – a significant issue in Australia with its vast geography – holds great potential.
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).
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.
With smart transportation using smart flow systems, we can assess traffic flows in real time thanks to sensors and video capture, to then adjust intervals based on dynamically-calculated data to respond to medians and peaks. The algorithm used to calculate intervals needs to be sophisticated, factoring in many data sets.
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.
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.
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.
Digital transformation is a complex undertaking for any enterprise. The desired business outcomes, architectures and execution rely on a multi-vendor delivery model with a vertically integrated enterprise technology stack that consists of a hybrid environment made up of on-premise, colocation and cloud-based solutions.
Equinix has now become an important facilitator for interconnection and digital business globally – as well as locally. And colocation from within one of our advanced Australian IBX facilities is a logical first step for a business to gain access to all key partners they need to fuel growth.