FEATURE
clients in Rwanda as it does in other countries by building a world-class ecosystem to which the Rwandan market can connect .
Another colocation provider within the industry also making strides is Digital Realty , the largest global provider of cloud- and carrier-neutral data centre , colocation and interconnection solutions . The organisation , together with Mivne Real Estate , recently announced the formation of a joint venture , entry into the Israeli market and the planned development of a multi-tenant data centre campus in Israel .
ISRAEL IS ALSO
A GLOBAL CENTRE FOR TECHNOLOGY
INNOVATION AND IS REGARDED
AS THE
SEVENTH MOST INNOVATIVE COUNTRY IN THE WORLD .
Digital Realty ’ s position as a leading provider of digital infrastructure capacity in the broader Mediterranean region , including presence in Athens , Barcelona and Marseille , will be further enhanced by this new location . The joint venture , which will operate under the brand name ‘ Digital Realty Mivne ’, will serve as a strategic partnership of Digital Realty with Mivne , a market-leading real estate developer , owner and operator that has developed many large-scale projects across Israel and has an extensive land bank .
Approximately half of the world ’ s population resides within a 3,000-mile radius of the centre of the Mediterranean . Telegeography notes that international bandwidth in the Middle East has seen over 30 % compound annual growth since 2016 , representing an overall increase in transmission capacity to the region of almost 200 %. Israel is emerging as an alternative cable interconnect route between the Mediterranean Sea and the Red Sea and the new campus will be located at a key intersection along the global Internet highway across the Mediterranean region , connecting Europe to the west and Asia , the Middle East and eastern Africa to the east . This new route enhances the availability and resilience of international subsea cable systems . The first subsea cable systems to traverse Israel terrestrially have already been announced and further systems are anticipated .
Israel is also a global centre for technology innovation and is regarded as the seventh most innovative country in the world , with the highest percentage of GDP spent on research and development and the highest venture capital ( VC ) investment per capita , with over 500 multi-national companies ( MNCs ) from 35 countries undertaking innovation in Israel . In addition , the four largest cloud service providers have all announced that they will be building cloud infrastructure in Israel . All of these macro trends are driving significant demand for digital infrastructure throughout Israel .
Digital Realty Mivne expects to develop a multi-tenant data centre campus in Petah Tikvah , the primary connectivity hub in Israel . The data centre campus will support the development of up to 20 megawatts ( MW ) of installed IT load . Delivery of the initial phase is anticipated in 2023 , subject to customer demand .
“[ This ] collaboration marks the beginning of a new chapter for Digital Realty ’ s operations , customers and partners in the Middle East ,” said Digital Realty Chief Executive Officer , A . William Stein . “ We expect this partnership to further accelerate our growth while enhancing our ability to support our customers ’ Digital Transformation across the globe .” �
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