Tag: InterconnectionIndex

Along with the increase in internet usage, there is a growing increase in Interconnection − the direct and private traffic exchange between businesses − in Latin America (LATAM). According to the second annual Global Interconnection Index (the GXI), the LATAM region is projected to be the fastest growing region in the world, with Interconnection Bandwidth capacity increasing at 59% compound annual growth rate (CAGR) between 2017 and 2021.

Retail is not just another legacy 20th Century market sector succumbing to mobile- and web-based transactions. According to a 2017 Accenture report, “Painting the Digital Future of Retail and Consumer Goods Companies,” retail is undergoing massive digital transformation, blending e-commerce, big data analytics, Internet of Things (IoT), and the cloud to deliver an omnichannel customer experience unmatched by online shopping alone

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.

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.