Artificial Intelligence
Middle East Data Center Industry: Revenues Expected to Cross $3.7 Billion by 2025
Dublin, Sept. 07, 2020 (GLOBE NEWSWIRE) — The “Data Center Market in Middle East – Industry Outlook and Forecast 2020-2025” report has been added to ResearchAndMarkets.com’s offering.
In-depth Analysis and Data-driven Insights on the Impact of COVID-19
The study considers the present scenario of the Middle East data center market and its market dynamics for the period 2019-2025. It covers a detailed overview of several market growth enablers, restraints, and trends. The report offers both the demand and supply aspect of the market. It profiles and examines leading companies and other prominent ones operating in the market.
The Middle East data center market by revenue is expected to grow at a CAGR of close to 3% during the period 2019-2025. The market by revenue is expected to cross over $3.7 billion by 2025.
The industry has witnessed significant growth in recent years. Countries in the Middle East are looking to improve their digital economies. They are involved in a variety of smart city projects, which fuel the growth of data centers in the region. The increase in smart city initiatives is expected to develop the demand for edge computing and edge data centers among countries in GCC. Smart city initiatives in countries such as the UAE and Saudi Arabia are emphasizing the importance of data in improving communication among cities, citizens, automobiles, and electronic devices.
The IoT revenue in the Middle East is expected to grow at a CAGR of over 15% by 2025. Also, the adoption of 5G networks has commenced in the region, and it can provide high-capacity connections of up to 10 Gbps. The increased use of connected devices by businesses and consumers is gaining traction in the Middle East data center market. This has led to the high demand for high-bandwidth internet in many rural areas, thereby driving the need for data centers.
The following factors are likely to contribute to the growth of the Middle East data center market during the forecast period:
- Renewable Energy Powered Facilities to grow in Middle East
- Smart City Initiatives Leading Edge Data Center Deployments
- Cloud Adoption fueling Data Center Investments
- Increased Government Support to Boost Digital Economy in Middle East
Middle East Data Center Market Segmentation
The middle east data center market research report includes a detailed segmentation by IT infrastructure, electrical infrastructure, mechanical infrastructure, general construction, tier standards, and geography. The server market is witnessing a gradual shift from rack-based servers to blade ones to support high-density operations. The increased adoption of technology such as IoT, big data analytics, artificial intelligence, and machine learning by enterprises across the Middle East is driving the demand. The trend of adopting organization-specific software over cloud platforms will further increase the demand for high computing servers.
The storage drives market has grown rapidly in the last five years. Storage technology will continue to improve in terms of size and capacity. In the last few years, the demand for faster storage solutions has increased due to the high data generation in the Middle East data center market. The increasing usage of social media platforms in the region will lead to the development of new facilities to store data, thereby increasing the demand for high-capacity storage solutions.
The adoption of lithium-ion batteries is likely to increase during the forecast period in the region as their price will continue to decline. Since most vendors are offering lithium-ion based UPS systems, the market is likely to become highly competitive during the forecast period. Data centers in Saudi Arabia are equipped with a minimum N+1 redundancy for power systems. Facilities are equipped with electrical infrastructure with N+1 redundancy in power supply that can sustain operations for long periods without any outages. The Middle East data center market for generators will continue to grow because of the continuous construction of large and mega facilities in the region. DRUPS solutions are likely to witness increased demand among data centers with multiple modules having a total capacity of over 2 MW at N+N or 2N redundant configurations. Also, the adoption of diesel generators with capacity ranging from 12 MW is identified among multiple facilities in the region. The growing complexity of data center infrastructure is propelling the growth of automated switchgear technology. The importance of maintaining switchgear is also growing among facility operators as they aid in switching power from the utility to a secondary power source such as generators during power outages.
The majority of Middle East countries do not support the use of free cooling systems. The Middle East data center market is adopting water-based cooling systems; however, direct liquid cooling and immersion cooling solutions are likely to witness high adoption. Some data centers utilize air-based cooling solutions. Dedicated data center buildings, especially operating at a higher rack density, are cooled through the water-based cooling techniques. The facilities in Turkey are equipped with indirect adiabatic cooling solutions as the country offers free cooling solutions for a minimum of 4,000 hours per year. Most facilities in the UAE are adopting water-based cooled chillers, air-cooled CRACs, and water-based cooling towers. Turkey is also a favorite location for both water-based cooling and free cooling techniques.
The Middle East data center market has the presence of both local and global data center contractors. The market lacks a strong, skilled workforce to accommodate the growing need for data center operational personnel. However, data center investments are likely to increase the skilled workforce during the forecast period. The UAE will aid in the growth of greenfield projects as well as modular facilities due to the strong presence of both local and global data center contractors across design, construction, installation, and commissioning services.
In the last five years, the number of Tier I & Tier II have significantly declined in the Middle East data center market. UPS and PDU systems in Tier II data centers are equipped with minimum N+N redundancy. All other infrastructure facilities are identified to work through the single delivery path with no redundancy in most cases. Tier II facilities have minimum redundancy. The redundancy of Tier II facilities in power infrastructure is mostly N+1. The service operators are spending on infrastructure in Tier I and Tier II facilities while focusing on adding redundant infrastructure for power instead of cooling systems. These facilities have a power capacity of less than 1 MW and are not involved in running mission-critical applications. A majority of underdeveloped projects across the region fall under the Tier III category. This trend is likely to continue during the forecast period, with many operators expected to move to the Tier IV category based on the growth in rack power density and critical data center applications.
Insights by Geography
Saudi Arabia has strong fiber connectivity in the Middle East that is connected to several parts of the world. Ericsson deployed the commercial rollout of 5G network with operations in advanced markets such as Saudi Arabia and other countries in the Middle East. The increased investment of 5G networks is fueling the growth of internet users, thereby leading to the rapid growth of data center investments. In 2019, Gulf Data Hub in Jeddah, Saudi Arabia, invested an estimated amount of around $60 million for the development of its facility. Solar power is an important renewable energy in Saudi Arabia as oil prices have risen. The availability of renewable energy to power data centers is increasing YOY in the Saudi Arabian market.
Insights by Vendors
The Middle East data center construction market is continuing to grow in terms of greenfield, brownfield, and modular data center construction. The market is still witnessing increased growth in the number of data centers across all regions, with high adoption of efficient and modular facility infrastructure solutions. The market has a strong presence of vendors across all three categories, such as electrical infrastructure, mechanical infrastructure, and general construction. The competition between the vendors will increase along with the construction of hyperscale facilities in the region.
Prominent IT Infrastructure Vendors
- HPE
- Cisco
- Dell Technologies
- Huawei
- IBM
- Arista
- Atos
- Broadcom
- Lenovo
- NetApp
Prominent Construction Contractors
- Red Engineering
- Atkins
- ISG
- McLaren Group of Companies
- ICS Nett
- Laing O’Rourke
- NOVA Mission Critical
- Edarat Group
- Linesight
- Deerns
- Enmar Engineering
- Qatar Site and Power
- Harinsa Qatar (HQ)
- Turner & Townsend
Prominent Data Center Investors
- Akbank
- Amazon Web Services (AWS)
- Equinix
- Batelco (Bahrain Telecommunications Company)
- Etisalat Group
- Gulf Data Hub
- Khanza
- Turkcell
- Telecom Italia Sparkle
- Zain
Key Questions Answered
1. What is the Middle East data center market size and growth rate during the forecast period?
2. What are the factors impacting the growth of the Middle East data center market share?
3. What are the drivers, trends, and restraints in the market?
4. Who are the leading vendors in the Middle East data center market, and what are their market shares?
5. What is the impact of the COVID-19 pandemic on the Middle East data center market shares?
For more information about this report visit https://www.researchandmarkets.com/r/1lpn0n
Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.
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Artificial Intelligence
XtalPi Unveils XtalGazer: A Comprehensive AI-Driven Polymorph Selection Platform
CAMBRIDGE, Mass., March 28, 2024 /PRNewswire/ — XtalPi Inc., a leading global technology company in integrating artificial intelligence (AI) and robotics to advance the discovery of groundbreaking medicine and innovative materials, announced today the launch of its proprietary comprehensive solid form discovery and selection platform, XtalGazer. This advanced platform aims to significantly improve the polymorph selection process for the pharmaceutical industry by integrating AI- and automation-powered experimental and computational approaches.
XtalGazer provides a total solution for delivering high-quality polymorph screening and selection methods to expedite drug development and mitigate risks. It represents a paradigm shift in solid-state research, moving from the traditional trial-and-error approach to a data-driven, design-led methodology. The platform provides an expansive suite of foundational tools to accelerate polymorph discovery, characterization, and selection process, empowering pharmaceutical companies to conduct thorough research with less active pharmaceutical ingredient (API) in shorter development cycles.
A key component of XtalGazer is XtalCSP, a crystal structure prediction platform to perform global searches of crystal structures for target molecules and the other optional components in the corresponding searching space, offering a deep insight into possible stable forms. Furthermore, crystallization strategy recommendations will provide AI-backed experimental design to help avoid human bias. XtalGazer also utilizes MicroED to rapidly elucidate crystal structures from powder samples, reducing the need for growing single crystals.
XtalPi’s launch of XtalGazer marks another significant step in the company’s ongoing exploration of solid-state research. From crystal structure prediction platforms being one of the first products to launch at XtalPi, to today’s comprehensive polymorph selection platform, XtalPi will keep fulfilling its promise to solving challenging problems in this space. XtalPi will continue to deliver faster, more accurate, and more comprehensive approaches to building an ecosystem for the R&D process in solid-state, pre-formulation and crystallization.
For more information about XtalPi, please visit www.xtalpi.com.
About XtalPi:
XtalPi is an innovative technology company powered by artificial intelligence (AI) and robotics. Founded in 2015 on the MIT campus, XtalPi is dedicated to driving intelligent and digital transformation in the life science and new materials industries. With tightly interwoven quantum physics, AI, cloud computing, and large-scale clusters of robotic workstations, XtalPi offers a range of technology solutions, services, and products to accelerate and empower innovation for biopharmaceutical and new materials companies worldwide.
Media Contact: Vivienne [email protected]
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Artificial Intelligence
ICIS and Base Oil News Announce Partnership to Enhance Market Insights
LONDON, March 28, 2024 /PRNewswire/ — ICIS, a global source of commodity intelligence, is pleased to announce a strategic partnership with Base Oil News, a premier news outlet founded by industry expert Iain Pocock that provides in-depth coverage of the base oils and lubricants market. This collaboration marks a significant milestone in the dissemination and exchange of critical market data and insights.
With more than two decades of journalism experience at Bloomberg, Reuters, and Argus Media, Iain Pocock brings unparalleled expertise to this partnership. His deep understanding of illiquid energy markets makes him a credible and influential figure in the industry. Since November 2023, Iain has been working closely with ICIS to share and exchange valuable data and insights, enhancing the services both platforms offer to the base oils and lubricants market.
Through the collaboration, Iain integrates ICIS’ extensive content and data resources in Base Oil News market coverage. In return, he contributes market insights to ICIS News, including expert and exclusive analysis of supply and demand dynamics, price margins, and other critical market drivers. This exchange ensures that subscribers of both ICIS and Base Oil News have access to the most comprehensive, timely, and accurate market information, empowering them to make informed decisions.
“It’s a very exciting partnership – where we leverage each other’s strengths and provide actionable insights to our customers,” said Iain Pocock, Founder of Base Oil News. “The market is the winner.”
“As ICIS is already the world’s most trusted pricing benchmark for base oils, this collaboration with Iain Pocock and Base Oil News provides an even stronger and deeper service to our customers,” said Stephen Burns, Editorial Director at ICIS. “Iain’s expertise and extensive industry connections are invaluable, and we have established a fruitful partnership that benefits the market at large.”
For the latest insights from Iain Pocock on ICIS News, visit ICIS News.
About ICIS
ICIS – Independent Commodity Intelligence Services – helps businesses through seamlessly delivering data and analytics, across the chemical, fertilizer and energy markets. A trusted source and benchmark for price information and insight across key commodities markets worldwide. Our independent, transparent market intelligence informs thousands of quality decisions every day, taking the pressure out of negotiations and giving customers space for more innovative thinking, through published datasets including price assessments, price forecasts, supply and demand fundamentals and more.
Over 150 years of shaping the world by connecting markets to optimise the world’s valuable resources. With a global team of more than 600 experts, ICIS has employees based in London, New York, Houston, Karlsruhe, Milan, Mumbai, Singapore, Guangzhou, Beijing, Shanghai, Dubai, Sao Paulo, Seoul, Tokyo and Perth.
ICIS is part of RELX, a FTSE15 company with a market cap of £64bn and an employee base of over 30,000 experts across 40 countries.
About RELX
RELX is a global provider of information and analytics for professional and business customers across industries. The Group serves customers in more than 180 countries and has offices in about 40 countries. It employs approximately 30,000 people of whom almost half are in North America. RELX PLC is a London listed holding company which owns 52.9% of RELX Group. RELX NV is an Amsterdam listed holding company which owns 47.1% of RELX Group. The shares are traded on the London, Amsterdam and New York Stock Exchanges using the following ticker symbols: London: REL; Amsterdam: REN; New York: RELX and RENX. Total market capitalisation is approximately £64bn | €75bn | $81bn.
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Artificial Intelligence
Trianz Welcomes Israel Abraham as Vice President of Services for Extrica.ai – The Data to AI Platform
SANTA CLARA, Calif., March 28, 2024 /PRNewswire/ — Digital transformation technology & services company Trianz is pleased to announce the appointment of Israel Abraham as Vice President of Extrica Platform Services.
Trianz has embarked on a transformative journey, redefining its value proposition with an ‘IP Led’ model, with a commitment to deliver the fastest time to value, lowest human dependence, and highest ROI. Central to this approach are our hyper-automated platforms, Concierto.Cloud, Extrica.AI, and Pulse, driving industry-leading transformations in cloud, data and analytics, AI, and the digital workplace.
Israel Abraham is a very well-known pioneer and industry leader in AI, data management, and analytics systems, with over three decades of experience. He joins as the services leader for Extrica- the Trianz Data to AI platform, which productizes data, provides data a face and purpose, and accelerates time to insights and AI by 50% or more. In the role of Extrica Services leader, Israel will lead the shaping, visioning, and delivery of Extrica.ai based enterprise wide datamesh, BI, and AI solutions for customers worldwide.
“We are thrilled to welcome Israel Abraham to the Trianz family,” said Sri Manchala, CEO of Trianz and author of Crossing the Digital Faultline. “He is a leader in modernization as well as conceptualization of data platforms anew. Israel’s prior background in the industry with financial services and insurance giants underscores our commitment to securing top-tier talent that brings real-world experiences and needs to our technology platforms. As we continue to broaden our footprint in the digital transformation space, Israel’s visionary leadership and practical experience will serve as the cornerstone in accelerating insights and AI to deliver transformative value to our clients.”
Having played pivotal roles in highly reputed and large organizations such as Liberty Mutual Insurance, MassMutual, Safeco, and CNA Insurance, Israel has garnered recognition as a seasoned leader in big data and AI cloud implementations. His accolades include the prestigious 2014 Ventana Research IT Innovation Award, the 2009 Informatica MDM Innovation Award, and three filed Data Engineering patents in the last four years.
“Trianz has been at the forefront of digital innovation, and Extrica.ai is a paradigm shifting data to AI platform that completely changes how analytics and AI are delivered- much faster, taking business ahead of change. I am excited to scale the adoption of the Extrica platform, which has attracted attention from giants across the industry and hyperscalers,” said Israel Abraham. “I look forward to engaging with customers, bringing my own experiences, and collaborating with the talented team at Trianz to further enhance the capabilities of the Extrica Platform Services to transform data & AI strategies, execution, and outcomes for customers.”
About Trianz
Trianz is a leading-edge technology platforms and services company that accelerates digital transformations at Fortune 100 and emerging companies worldwide in data & analytics, digital experiences, cloud infrastructure, and security. Our ‘IP Led Transformations’ approach, informed by insights from a recent global study spanning 20+ industries and 5000+ companies, addresses challenges posed by the rapid pace of AI-driven transformation, digital talent scarcity, and economic uncertainty. Our IP and platforms, including Concierto, Extrica, and Pulse, revolutionize cloud adoption, data analytics, and AI insights, empowering organizations to navigate the complexities of digital transformation seamlessly.
Founded in California and with an organization of over 2,000 associates across the United States and India, Trianz is a Premier Partner of AWS, consistently rated #1 by clients for value delivery over the past five years. Trianz has been ranked as one of the best Consulting Firms by Forbes and has been certified as a Great Place to Work for three years in a row. To learn more about Trianz, email [email protected] or visit www.trianz.com.
Watch Trianz CEO Sri Manchala’s insightful interview with Bloomberg on Partner | Crossing The Digital Faultline & Leading Towards Transformative Success – YouTube and delve deeper into his book Crossing the Digital Faultline at Crossing the Digital Faultline | Trianz.
Trianz Media [email protected] +1-408-387-5800
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