These emerging technologies are revolutionizing the manufacturing industry with several applications that benefit from Interconnection — the direct and private traffic exchange between key business partners — for high performance and low latency.
Telecommunication providers have been supporting global communication growth for decades and it would seem safe to assume this industry has reached a point of maturation. Today, we are finding that key macro trends driving the global digital economy are transforming the Telecom industry faster than ever before due to the market demands for more agile, robust and scalable connectivity solutions from its providers.
No matter what your business is, digital transformation is changing everything.…
Real-time interactions are the gold standard for today’s digital-enabled consumer experience. Yet retail banking and insurance firms are struggling to keep up with these high demands because their traditional IT infrastructures hold them back from making progress in incorporating digital technologies and competing against new disruptors.
To be competitive, healthcare firms will need to combine their vast amounts of data with artificial intelligence (AI) and machine learning (ML) — be it Google-developed AI/ML algorithms to identify cancerous tumors on mammograms or cloud-assisted medical collaboration leading to new drugs or treatments.
The GXI report also predicts that the direct Interconnection with Cloud & IT Services will proliferate at a 98% CAGR, as both private and public sector industries leverage hybrid multicloud architectures for digital business scale and agility.
The financial services industry in particular is centered in Brazil’s vital metro São Paulo, making it the largest financial hub in Latin America (LATAM). And the convergence of submarine cable systems, such as Monet and Globenet, makes Brazil a growth hot spot for telecommunications and hyperscale cloud providers such as Microsoft Azure, AWS and Google.
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.
Between 2017-2021, the GXI projects a 48% compound annual growth rate (CAGR) in Interconnection Bandwidth, the total capacity provisioned to privately and directly exchange traffic with a diverse set of participants at distributed IT exchange points. Europe is expected to contribute 23% of installed Interconnection Bandwidth capacity globally by 2021, an estimated 1,921 Terabits per second (Tbps).
The U.S. was an early adopter of digital business, which is a big reason it’s led the way in expanding access to the Interconnection that powers it. The U.S. is also the home base for the largest number of multi-national enterprises.