DATA CENTRE PREDICTIONS providers , allowing us to provide our customers with secure real-time access to Bacs , CHAPS and Faster Payments .”
Debika Bhattacharya , VP-Global Solutions , Verizon Business , said : “ With the pandemic creating a sudden global shift to remote and work-from-home practices , our customers have a renewed appreciation of the need for reliable networking solutions . Prioritising Digital Transformations and cloud connectivity is imperative . Our top priority is to provide customers with differentiated solutions to drive business agility so they can achieve their goals and mitigate risks .” and the densest activities , known as the ‘ network effect ’. According to IDC , 80 % of digital leaders will see the impact of connecting to multiple ecosystems , including improving their value to endcustomers by 2025 .
• The need for application exchange in digital ecosystems to support real-time engagement is essential and creates a network effect for businesses . The GXI Vol . 4 predicts that connectivity from service providers to networks and cloud & IT service providers will be the two main sources of ecosystem interconnection , with an estimated 49 % combined CAGR from 2019 to 2023 .
The GXI Vol . 4 delivers insights by tracking , measuring and forecasting growth in interconnection bandwidth – the total capacity provisioned to privately and directly exchange traffic , with a diverse set of partners and providers , at distributed IT exchange points inside carrier-neutral colocation data centres .
David Cappuccio , Distinguished VP Analyst , and Henrique Cecci , Senior Director Analyst , Gartner , said : “ As interconnected services , cloud providers , distributed cloud , Edge services and SaaS offerings continue to proliferate , the rationale to stay only in a traditional data centre topology will have limited advantages . This is not an overnight shift , but an evolutionary change in thinking how we deliver services to our customers and to the business . This trend , coupled with the new reality that outside factors might limit physical access to the data centre ( such as emergency quarantine ), is driving new thinking in infrastructure planning .”
Bernard Wright , Head of IT Operations , ClearBank , said : “ Across Europe , interconnection bandwidth within the banking and insurance sector is set to grow at a 37 % CAGR to 310 Tbps by 2023 . A key driver of this growth is the rapid adoption of cloud within the financial services industry – a trend that has accelerated significantly in recent years – and is transforming the way payments are moved between financial institutions . The use of cloud platforms is only set to grow as companies look to increase their as-a-Service offerings and diversify their portfolio of cloud service providers . To keep pace with cloud adoption , Platform Equinix gives us access to an unrivalled number of cloud
Claire Macland , Senior Vice President , Marketing , Equinix , said : “ Digital leaders have to prepare for post-pandemic recovery by planning and implementing the right Digital Transformation initiatives now . We believe those that have a foundational infrastructure which helps bring together all the right places , partners and possibilities will gain a business advantage over the long term .”
Eugene Bergen Henegouwen , President , EMEA , Equinix , said : “ The COVID-19 pandemic has only accelerated the Digital Transformation journey that businesses across the region were already undergoing . Europe ’ s predicted 45 % CAGR is indicative of the increased demands from enterprises to enhance their interconnection capacity in order to compete in an increasingly digital economy . It ’ s now even more critical for businesses to find innovative ways to interconnect with their customers and partners to gain a competitive advantage in an increasingly remote and dispersed environment .”
Russell Poole , Managing Director , UK , Equinix , said : “ This latest version of the GXI clearly showcases London ’ s importance as an international hub for enterprises looking to interconnect strategically with businesses , ecosystems and partners around the world . London is predicted to reach 1,337 Tbps of interconnection bandwidth by 2023 . This figure is not only higher than other key European cities , it also surpasses that of many other major technology hubs such as São Paulo , Silicon Valley and Tokyo .” ◊
20 Issue 22 www . intelligentdatacentres . com