Dec 10, 2020

Digital Realty: Data Gravity Intensity impact on industries

datacenter
DigitalRealty
William Smith
3 min
Data Gravity Intensity expected to more than double annually  for Financial Services, Manufacturing and Insurance Industries through 2024
Data Gravity Intensity expected to more than double annually for Financial Services, Manufacturing and Insurance through 2024, according to Digital Real...

Digital Realty, a global provider of cloud- and carrier-neutral data center, colocation and interconnection solutions, has published version 1.5 of its Data Gravity Index DGx™. The latest study covers 53 global metros and assesses the intensity and gravitational force of enterprise growth data on 23 industries.

“As businesses undergo the rapid pace of digital transformation, understanding the impact of data gravity intensity will be a fundamental requirement for both enterprises and service providers to unlock data-driven opportunities,” said Tony Bishop, SVP, Platform, Growth and Marketing at Digital Realty.

“Data gravity is an impediment to enterprise growth that will affect businesses across industries around the world. The release of our Data Gravity Index DGx 1.5 exploring the impact of data gravity across more metros and key industries is designed to help enterprises develop a data-centric architecture as they combat digital transformation challenges.”

The index analyzed Global 2000 enterprise companies’ presence in each metro, along with GDP, population, number of employees, technographics, IT spend, average bandwidth and latency, as well as flows of data. Digital Realty conducted research between August 2019 and August 2020 and drew upon third-party data sources – including the World Economic Forum and United Nations, as well as consulting and market research firms.  

Data Gravity’s Growing Impact on Key Industries

The industries expected to experience the greatest data gravity intensity include banking and financial services, manufacturing and insurance, all of which are expected to see rapid growth in digital acceleration, digital-enabled interactions and data exchange volumes globally.  

Key findings across Forbes Global 2000 enterprises include:  

• Data gravity intensity for banking and financial services firms will be exacerbated by regional growth in key banking and financial hubs.

• Large manufacturers are expanding their data and analytics capabilities, driven by the growth of in-home consumption.  

• The insurance industry is expected to see data gravity intensify as digital-enabled interactions continue to increase in importance while key metros experience rapid growth in the volume of enterprise data exchange.  

Regional Forecasts for New Global Metros

According to the expanded report, Jakarta, Indonesia is expected to generate the fastest growth in data gravity intensity, followed by Singapore, Rome, Hong Kong, Melbourne and Atlanta.

In addition, banking and financial services centres (such as London, New York, Tokyo, Paris, Hong Kong, Amsterdam, Beijing, Silicon Valley, Frankfurt, Toronto, Singapore, Washington, Charlotte, Sydney, Milan and Seoul) are expected to realise significant growth in the volume of enterprise data exchange.  

“Data gravity continues to accelerate unabated, and so does the urgency of addressing it,” said Dave McCrory, VP of Growth, Head of Insights & Analytics at Digital Realty.

“We are expanding the findings of our Data Gravity Index to include an analysis of 23 industries and 32 additional metros to provide insights to help business leaders make better strategic decisions about where to locate their data.”  

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Digital Realty supports the world’s leading enterprises and service providers by delivering the full spectrum of data center, colocation and interconnection solutions. Digital Realty’s global data center footprint consists of more than 280 facilities in 49 metros across 24 countries on six continents.

READ the full report

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May 7, 2021

KX and Microsoft partner to scale up real-time analytics

Analytics
Tilly Kenyon
2 min
KX and Microsoft partner to work together in helping companies scale up their real-time analytics and decision making proficiency
KX and Microsoft partner to work together in helping companies scale up their real-time analytics and decision making proficiency...

KX, a data analysis software developer and vendor, announced it has become a Microsoft Partner. The two companies are working together to build a long-term technical and go-to-market roadmap to enable companies to rapidly scale up their real-time analytics and decision-making capabilities.

This announcement has followed the launch of KX Insights, which is a cloud-first platform for streaming analytics that fully leverages the benefits of cloud architecture natively to deliver fast, scalable real-time data insights via the Microsoft Azure Marketplace.

“KX Insights takes full advantage of the Microsoft Azure platform to deliver the optimal performance while maintaining interoperability with existing processes and data,” says Gerry Buggy, Chief Strategy Officer at KX.

“Together with Microsoft, we are offering a streaming analytics solution that is fast, secure, and flexible. It’s a game-changer for firms looking to drive operational and commercial performance through real-time analytics.”

KX Insights has been built to leverage vast amounts of real-time data in a scalable and easy-to-use manner. It has been benchmarked as the fastest in the industry according to independent STAC benchmarks. The platform also operates on Amazon AWS and Google Cloud, plus on all public and private clouds and on-premises too where required. 

Moving to the cloud 

Cloud computing is all about moving the essential systems and resources of your business to a remote server, and the COVID-19 pandemic has accelerated the move for many businesses. 

The recent 2021 Flexera State of the Cloud Report found that 92% of respondents reported having a multi-cloud strategy. 82% are taking a hybrid approach, combining the use of both public and private clouds. More than half of respondents use the cloud heavily and have reached the advanced cloud maturity level. 21% of organisations are at the intermediate maturity level, and 19% are beginners.

The report showed that many of the advantages delivered by the cloud have proven to be especially valuable as organisations adapted over the past year to meet the rapidly evolving needs of businesses.

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