APPLICATION INFRASTRUCTURE

Massive growth in the Asia-Pacific 5G Enterprise Market by 2024 as Mega Trends in the Transformation of the Fuel Industry

prnewswire | January 11, 2021

Ice and Sullivan's new investigation, Mega Trends in Asia-Pacific to Drive the 5G Enterprise Market, 2019–2024, finds that Mega Trends across the public authority and public area, medical care, assembling, and broadcast communications are presenting new difficulties to end clients in vertical ventures in the district. These progressions are pushing ventures to change and empower new use cases that are basic in supporting and upgrading undertaking business cycles to improve business proficiency. Notwithstanding affecting Mega Trends, the COVID-19 pandemic is driving the requirement for basic and essential broadband, far off work arrangements, and 5G to help far off work. Given the solid interest for availability, the likely income for 5G undertakings in the district is relied upon to develop dramatically, coming to $13.9 billion by 2024 from $2 billion out of 2019, at an amazing 46.4% build yearly development rate (CAGR).

"5G enterprises in Asia-Pacific are undergoing digital transformation at a more rapid pace to either optimize or enable business processes to keep up with the changing consumer demand," said Sofea Zukarnain, Information & Communication Technologies Research Analyst at Frost & Sullivan. "However, these digital transformation initiatives will add pressure on existing networks, as new solutions will require higher bandwidth and availability to offer the necessary reliability, driving the need for enterprises to transform their network infrastructure. This will boost the demand for 5G enterprise solutions and new enabling technologies such as network slicing and edge computing."

Zukarnain added: "Network slicing will empower enterprises with end-to-end ownership of a slice of the 5G network that can be used for a specific use case. Further, there are many benefits to utilizing a slice of 5G, including the ability to provide enterprises with better control, management capability, and agility of the network so that it can optimize the usage of the network for enterprises."

5G venture arrangements can possibly change administrations, applications, and capacities for undertakings, introducing tremendous development possibilities for market members, including:

Executing computerization to empower an open application programming interface (API), permitting adaptability, reasonability, and cost investment funds.

Using edge figuring to deliver the need to deal with rising IoT-empowered use cases because of the expanding number of associated gadgets in the organization.

Offering network cutting answers for satisfy the need for more data transfer capacity offered with SLAs.

Utilizing man-made consciousness to assist psychological commitment with bettering associate with clients and envision their requirements and likely issues.

Super Trends in Asia-Pacific to Drive the 5G Enterprise Market, 2019–2024 is the most recent expansion to Frost and Sullivan's Information and Communication Technologies examination and investigations accessible through the Frost and Sullivan Leadership Council, which assists associations with distinguishing a constant progression of development occasions to prevail in an erratic future.

About Frost & Sullivan

For six decades, Frost & Sullivan has been world-renowned for its role in helping investors, corporate leaders and governments navigate economic changes and identify disruptive technologies, Mega Trends, new business models, and companies to action, resulting in a continuous flow of growth opportunities to drive future success.

Spotlight

Leading organizations are shifting their digital transformation strategies to maximize efficiency, enhance productivity, and cut costs given economic uncertainty. This report highlights the top seven digital transformation trends to deliver success in 2023 and beyond, including: Investment in automation to help companies to do m

Spotlight

Leading organizations are shifting their digital transformation strategies to maximize efficiency, enhance productivity, and cut costs given economic uncertainty. This report highlights the top seven digital transformation trends to deliver success in 2023 and beyond, including: Investment in automation to help companies to do m

Related News

HYPER-CONVERGED INFRASTRUCTURE, APPLICATION INFRASTRUCTURE

Alkira Achieves AWS Networking Competency Status for Network Connectivity Category

Alkira | February 17, 2023

Cloud networking pioneer Alkira has achieved Amazon Web Services (AWS) Networking Competency status in the Network Connectivity category. The designation acknowledges that Alkira has demonstrated AWS technical expertise and customer successes as a Software as a Service (SaaS) network provider. Alkira CEO and Co-founder, Amir Khan, said, "Alkira, recognized by AWS as a true network SaaS offering, is built for the cloud and consumed as a service with no hardware or software to install—ever." He added, "All you have to do is draw and deploy your network from our digital design canvas, and you’re up and running in no time." (Source: Businesswire) Alkira's fully automated global unified network infrastructure allows organizations to connect to AWS and Amazon Virtual Private Clouds via an intuitive point-and-click interface within minutes. Alkira's pay-as-you-go SaaS offering delivers agility, scale, and cost-effectiveness to organizations that want to connect, unify, and scale their network to AWS infrastructure. Alkira is available on the AWS Marketplace. About Alkira Alkira is regarded as a pioneer in cloud networking as a service. Their enterprise network is entirely cloud-based, connecting multiple clouds, sites, and users. The network is managed using familiar network administrator controls, policies, and security, and it can scale instantly as needed. This network is provided as a service, so there is no need to install new hardware, download software, or learn a new cloud architecture. Alkira's solution is trusted by Fortune 100 companies, leading system integrators, and global managed service providers.

Read More

HYPER-CONVERGED INFRASTRUCTURE, APPLICATION STORAGE

EdgeConneX Successfully Executes $3.3 Billion in Innovative Sustainability-linked Financing

prnewswire | March 24, 2023

EdgeConneX®, the pioneer in global Hyperlocal to Hyperscale Data Center Solutions, announces the successful execution of $3.3 billion in innovative sustainability-linked financing, which enables the development of critical digital infrastructure to support customers' global data center requirements. The significant scale of these transactions is also recognized by IJGlobal, a leading market intelligence firm for the energy and infrastructure finance industry, with the Digital Infrastructure Deal of the Year Award 2022 in the data center category. In October 2022, EdgeConneX, the EQT-owned data center developer, reached financial close of a €2.4 billon sustainability-linked (re)financing EdgeConneX pan-EMEA data center portfolio of operational facilities across seven jurisdictions and provided CapEx facilities to support future developments. This financing is arranged across three tranches – a term loan, a CapEx facility, and a revolving credit facility, providing an optional line of credit if needed. Beyond consolidating EdgeConneX pan-EMEA portfolio, this deal allows it to transition from stand-alone project financing to a structured corporate debt package – thereby unlocking more flexibility and funding capacity to support anticipated growth across the region. In addition, this deal represents Europe's first data center platform financing and is rated as a pathfinder sustainability-linked portfolio financing. Separately, in June 2022, funds managed by Ares Management's Infrastructure Debt strategy, committed a delayed draw sustainability-linked global debt facility to EdgeConneX. The debt facility commits up to $1 billion and can be used to fund the development and construction of EdgeConneX growing global development pipeline. In addition, the innovative funding regime in Euros and US dollars via a structured corporate debt package unlocks more flexibility and funding capacity to support EdgeConneX anticipated global growth. Both facilities include sustainability-linked margin adjustments, whereby the interest rate payable is directly correlated to EdgeConneX achieving specific pre-determined sustainability targets. These targets align with EdgeConneX holistic ESG sustainability strategy, which includes a goal of becoming a carbon-, waste- and water-neutral data center provider by 2030 and developing and operating a data center platform powered by 100% renewable energy. "We are honored by the IJGlobal Award distinction for our innovative financing structures that can be replicated globally," comments Joe Harar, Chief Financial Officer for EdgeConneX. "Sustainability is a necessity, and EdgeConneX has adopted sustainability principles across all aspects of our business. These financings leverage EdgeConneX Green Finance Framework and enable us to execute growth plans by reinforcing our commitment to delivering energy-efficient and innovative sustainable solutions for our customers anywhere in the world." The greenfield element of these transactions wins EdgeConneX an IJGlobal award in this category in conjunction with the refinancings, which played a significant part in the deal and its reason for winning an award. The IJGlobal Awards took place in London on March 9, 2023, celebrating the best-in-class transactions and organizations across the international infrastructure and energy sectors. EdgeConneX owns and operates 60+ data centers across 50 unique markets throughout 30 countries. The company's portfolio includes 200+ far edge and EdgePop deployments and 500+MW of capacity deployed and/or in development worldwide. Providing excellence and expertise across all deployment phases, EdgeConneX also specializes in build-to-suit data center facilities for Hyperscalers serving as the backbone of their cloud computing products for consumers globally. About EdgeConneX EdgeConneX, backed by EQT Infrastructure, part of the global investment organization EQT, EdgeConneX provides a full range of sustainable data center solutions worldwide. We work closely with our customers to offer choices in location, scale, and type of facility, from Hyperlocal to Hyperscale. EdgeConneX is a global leader in anytime, anywhere, and any scale data center services for a diverse portfolio of industries, including Content, Cloud, Networks, Gaming, Automotive, SaaS, IoT, HPC, Security, and more. With a mission predicated on taking care of our customers, our people, and our planet, EdgeConneX strives to Empower Your Edge.

Read More

HYPER-CONVERGED INFRASTRUCTURE, APPLICATION STORAGE

BDx to Build New 16MW Data Center in Kwai Chung District, Hong Kong

BDx | February 06, 2023

Big Data Exchange (BDx), a provider of data center platforms in Asia-Pacific, has recently announced its plans to construct a new 16MW facility in the emerging high-tech industrial area developed by Hong Kong's premier property development company, Sino Group. BDx intends to have the HKG8 hyperscaler-ready data center operational by the end of 2023. This will be BDx's fourth data center in Hong Kong, situated in the Kwai Chung District, which is growing to be a highly desirable industrial and commercial zone. The data center is five kilometers from the nearest port and twenty-six kilometers from Hong Kong's airport. It will provide redundant power supply and dependable infrastructure to BDx's hyperscale and enterprise clients, ensuring super-dense connectivity, top-notch fail-safe resiliency, and IX ecosystems characteristic of BDx data centers. As data center investments continue to increase, a recent report by Arizton Advisory and Intelligence projects that the Hong Kong data center market will reach nearly $4 billion by 2027. Hong Kong is one of the leading digital hubs in the Asia-Pacific region because of its robust adoption of cloud technologies, smart city development initiatives, and its government's dedication to developing the ICT market. Mayank Srivastava, CEO of BDx, shared, "BDx is pleased to announce our new data center to further our commitment to the Hong Kong market. We are pleased to work with Sino Group to develop our next-generation, hyperscale-ready site, which is designed with fail-safe features and a clear focus on sustainability. We continue to support Hong Kong as The Digital Hub of APAC," He added, "With HKG8, our newest data center in Hong Kong, we continue to expand our footprint across Asia with sustainable, high quality sites. We are proud to offer our customers dense connectivity, IX ecosystems and reliable redundant options, to drive digital delivery and growth." (Source – PR Newswire) About BDx Data Centers BDx Data Centers Singapore-based premier provider of data center, hybrid cloud, and colocation solutions in the Asia-Pacific region. It enables enterprises to scale across the world's most influential markets under the direction of a team with global recognition. With ultramodern facilities in China, Hong Kong, Indonesia, and Singapore, the company provides next-gen solutions that go beyond the norm. To meet the growing digital needs of multinationals, hyperscalers, and financial service organizations, the company is actively expanding its presence in emerging regions.

Read More