Data centers for a post-pandemic world

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Milestones and updates.

Data centers for a post-pandemic world

In a mere span of a few months, the COVID-19 crisis has seen a quantum leap in digitization across organizations and industries of all levels as customers, supply chains, and internal interactions make a dramatic move online. While the digital mandate is not new, the pandemic has brought it into sharp focus.

Regardless of which digital transformation stage organizations are at, they all have the need for more data, connectivity, and bandwidth as they seek to accelerate their business transformation in light of this ‘new normal’. Be it to survive or thrive, organizations can no longer ignore what business and technology experts have been emphasizing: cloud and mobile apps are drivers and data is the fuel in the new economy. There are more information, interactions, and transactions on mobile devices over the internet today than physical or face-to-face ones.

In fact, the cloud is the foundation of most digital transformation strategies in organizations across the region. Two out of five priorities in ASEAN’s most recent digital integration framework are closely related to harnessing the power of the cloud to coordinate and facilitate business interactions across Southeast Asia.

“Be it to survive or thrive, organizations can no longer ignore what business and technology experts have been emphasizing: cloud and mobile apps are drivers and data is the fuel in the new economy.”

Other key technologies being leveraged in digital transformation include AI, analytics, robotic process automation, IoT, mobile collaboration, digital twins, augmented reality and 3D printing.

Even without taking a deeper look into each of these technologies, it is quickly discernible that deploying and maintaining cloud infrastructure, ensuring connectivity and bandwidth availability, and managing the huge amount of data produced can be overwhelming but necessary.

Hence, data availability and access – and the digital technologies that create, store, manage, secure and analyze the data – have become business critical for most organizations today and into the foreseeable future as we continue on our never-ending digital transformation journey. These transformational technologies require huge provisions for data management, application uptime and real-time connectivity.

 
The importance of tomorrow’s data center

While some experts liken data to fuel, others use the analogy of currency. If data is the currency of the digital economy, then data centers are its banks. Just as governments, businesses and consumers need reliable banks for efficient and secure transactions and services for a healthy economy, they similarly require reliable centers for efficient and secure data access and management for the digital economy.

Additionally, as the business develops and matures, managing the exponentially growing data is also a challenge and may not be feasible to do in-house due to the infrastructure and backend support needed. At such, finding the right data center partner is key.

To find out more about the considerations when planning for your business’ future data center needs, download SpaceDC’s white paper. You can also contact us if you would like to find out how SpaceDC can help your organization manage data.

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Covid-19 accelerated growth of the digital economy

Blogs

Milestones and updates.

Covid-19 accelerated growth of the digital economy

Digital business transformation among organizations in Asia has been ongoing for years to survive and thrive in this changing environment. Amid the economic uncertainty and ongoing global pandemic, one would assume that businesses may have scaled down or temporarily halted investments in technology. However, according to the 2020 TechTarget/ Computer Weekly IT Priorities survey, findings showed that despite budget cuts and a slower growth in IT spending, the Asia-Pacific (APAC) region remains a hotbed for digital transformation initiatives.

Moreover, Southeast Asia’s digital economy is still expected to increase to US$300 billion by 2025 from US$100 billion in 2019, according to a report by Google, Temasek and Bain & Company. The burgeoning digital economy is also set to add US$10 billion to Singapore’s gross domestic product (GDP) by 2021.

 

“Mobile streaming in Indonesia, Malaysia, the Philippines and Singapore grew by 60%, or 21.6 billion minutes a week between January to April 2020.”

 

The Covid-19 crisis has accelerated the growth of the digital economy, fueling a spike in ‘live’ streaming for entertainment, cloud-based collaboration, conferencing for business, social media messaging and video call apps for communicating. Mobile streaming in Indonesia, Malaysia, the Philippines and Singapore grew by 60%, or 21.6 billion minutes a week between January to April 2020.

In addition, byproducts of Covid-19 such as city lockdowns, quarantines, work from home stipulations and coronaphobia have taken virtual events, online shopping, food delivery services, and digital banking to another level.

With that in mind, let’s look at how different types of organizations are performing or coping with the ‘new’ normal:

Data-driven enterprises

This category of businesses will see their transformation strategies and efforts come to fruition

These organizations are ahead in the transformation journey. Also known as data-driven, digital native or smart enterprises, leaders in this category include banks and financial institutions that provide digital banking and financial services and ‘smart’ manufacturers with fully integrated automation across the supply chain. For such organizations, business operations are as usual and to improve customer and employee experience, they are enhancing their digital infrastructure, scale in the cloud and deploying more cutting-edge technologies for innovation and focus on differentiation.

Digitally transforming enterprises

Enterprises in this phase will likely scramble to deploy the innovations and technologies they’ve been exploring

These are businesses in the middle of their transformation journey, with strategies implemented to leverage digital and data technologies. Enterprises in this category include food and beverage businesses automating their central kitchens and coping with surges in online orders and making contactless deliveries, and offices across all sectors with some semblance of cloud collaboration, due to remote or hybrid working arrangements. These organizations are struggling for business continuity, accelerating the digital transformation to cope with the needs and demands of customer and employee experience to make their business relevant in a growing digital economy.

Digital newbies

Newcomers will struggle to meet the challenges of customer and employee experiences

These organizations are still figuring out the works of digital transformation. Many are small enterprises without a comprehensive strategy for transformation or traditional businesses. They tend to struggle to survive in the digital economy, looking for help to digitally transform for business continuity.

Which category does your business fall into?

If you would like to know more about scaling your business for the new economy, download SpaceDC’s white paper. You can also contact us if you would like to find out how SpaceDC can help your organization manage data.

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Deep dive into our white papers below to read the latest industry reports on topics ranging from green facilities to data center security and digital transformation.