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:
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.
Since last year’s AWS re:Invent conference, Equinix announced its collaboration with VMware and AWS to deliver private and secure hybrid cloud interconnection to VMware Cloud on AWS with Platform Equinix®. This joint solution enables our customers to establish multiple virtual private connections between on-premises vSphere environments and VMware Cloud on AWS using AWS Direct Connect and the Equinix Cloud Exchange Fabric™ (ECX Fabric™).
Cloud technologies have transformed not only the provisioning and delivery of computing services, but also IT business and financial models. Enterprises have delegated management of an ever-increasing amount of their IT infrastructure to cloud service providers, due to the realization of significant capital expenditure (CapEx) savings through the economies of scale delivered by the cloud.
Given the endless opportunities for digital businesses to interconnect with the world from Amsterdam, we’re excited to celebrate the extension of the Equinix AM7 International Business Exchange™ (IBX®) data center with our launch event on December 4, 2018.
Cloud has taken center stage in this race toward reinvention and not just for improved cost, productivity and scalability. Product and service innovations in the cloud are fast-tracking digital transformation for many enterprises. Cloud is no longer a differentiator but a core business enabler.
While public blockchain networks, such as Bitcoin and Ethereum, capture many daily headlines, looking back at 2018, private blockchain networks made headway and could prove to be a game changer in financial services, supply chain, government and healthcare industries.
Artificial intelligence (AI) has been around since the 1950s, but it has recently grown into a real force in the digital transformation of businesses and our personal lives. From digital twins that create “living” digital simulation models of physical things (e.g., avatars for airplanes, cars, etc.) to voice recognition applications in smartphones and home assistants, machines are busy learning all there is to know about us and our world.
Cisco estimates that 5G connections will grow more than 1,000 percent, from 2.3 million in 2020 to over 25 million in 2021, mainly with edge devices, and is expected to drive very high traffic volumes — 4.7 times more than the average 4G connection by 2021.
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.