Connect with us
MARE BALTICUM Gaming & TECH Summit 2024

Artificial Intelligence

Data Center Colocation Market Size to Outstrip $136,647.9Mn by 2028 Growth Projections at 15.3% CAGR During 2021 to 2028 COVID Impact and Global Analysis by TheInsightPartners.com

Published

on

New York, Oct. 06, 2021 (GLOBE NEWSWIRE) — Data Center Colocation Market: Key Insights
According to our latest market study on “Data Center Colocation Market Forecast to 2028 – COVID-19 Impact and Global Analysis – by Type, Enterprise Size, and Application,” the Data Center Colocation Market Size was valued at US$ 50,579.1 million in 2021 and is projected to reach US$ 136,647.9 million by 2028; it is expected to grow at a CAGR of 15.3% from 2021 to 2028.   

Data Center Colocation Market: Competitive Landscape and Key Developments
Equinix Inc.; IBM Corporation; AT&T Inc.; Cyxtera Technologies, Inc.; Digital Realty Trust LP; CoreSite Realty Corporation; CyrusOne, Inc.; QTS Realty Trust, Inc.; 365 Data Centers; and UnitedLayer are among the key players that were profiled during this market study. In addition to these players, several other important market players were studied and analyzed during the course of this market research study to get a holistic view of the global data center colocation market and its ecosystem.

Get Exclusive Sample Pages of Data Center Colocation Market Size – COVID-19 Impact and Global Analysis with Strategic Insights at https://www.theinsightpartners.com/sample/TIPTE100000210/

In June 2021, CoreSite Realty Corporation—a leading provider of secure, high-uptime data center campuses with high-performance cloud access and interconnection solutions across the US—recently released its 2021 State of the Data Center Report in collaboration with IDG Communications. The newest data center trends, strategies, requirements, and other results from an annual quantitative survey and in-depth interviews with top IT decision-makers are examined in this yearly study.

A colocation facility, often referred to as a colo, is a data center where an enterprise can rent space for servers and other equipment; however, a data center colocation provider manages these servers and equipment. The colocation firms offer the building, power, cooling, bandwidth, and physical security. Enterprises can lease space by the cabinet, rack, cage, or room. Being one of the popular alternatives to traditional hosting, data center colocation facilities house multiple businesses (multitenant) that may only need one or two server racks. Moreover, unlike the data centers connected to the big-name cloud vendors such as Google, Amazon, and Microsoft, most colocation data centers are often located in big metropolitan areas.

Beneficial features offered by data center colocation—such as lower costs compared to building one’s own facility, reduction in the number of technical processes, easy scalability, highest specification backup power generators, excellent physical security, and multiple network connections—are significantly bolstering the growth of the market. Versatile colocation facilities accommodate a wide range of customer needs by incorporating older legacy equipment and the latest in high-density server technology. It ensures 24x7x365 remote services to keep systems up and running regularly. Colocation data centers build hybrid and multi-cloud architectures to enhance data security and cloud flexibility, boosting the market growth.

Download Sample PDF Brochure of Data Center Colocation Market Size and Growth Research Report at https://www.theinsightpartners.com/sample/TIPTE100000210/

In Europe, there has been a significant percentage growth in the businesses migrating to the cloud. EU enterprises are using cloud computing for e-mail and file storage. Finland, Sweden, Denmark, and the Netherlands are among the major countries using cloud computing services. An increase in the adoption of cloud computing in the UK and Germany, along with several investments from the cloud and hyperscale providers such as Facebook, Google, and Apple, is anticipated to boost the growth of the data center colocation market in Europe. Further, the growth of edge computing, 5G, and the industrial internet of things (IIoT) has increased the demand for data security. This has increased European data compliance rules, thereby acting as a driver for the market. Rising adoption of big data and IoT for innovative initiatives and increasing projects such as Smart Cities are driving the data center colocation market in the region.

Artificial Intelligence is anticipated to bring about lucrative growth opportunities for the data center colocation market. AI in data centers protects networks, filters alerts, and moves workloads. The rise of AI compute as a service is anticipated to affect the data center colocation market positively. The increase in automation and robotics to install servers and manage disk storage and interconnection is also bolstering the market’s growth. Data center colocation providers are focusing on innovation and energy-efficient solutions to address both customers and regulatory requirements. The shift toward sustainable energy consumption is bolstering the growth of edge computing. The global rise in data use, the advent of 5G, and a long-term remote workforce are projected to drive the demand for edge computing. Enterprises are adopting AI to meet business challenges, including increasing efficiency, in-depth predictive analysis, and improving customer experience. AI-ready data center colocation facilities are utilizing graphics processing units (GPUs) to accelerate applications’ processing opportunities. Thus, companies such as NVIDIA are offering DGX-1 servers with GPUs with Deep Learning and increased performance levels that provide increased opportunities for enterprises to cater to their business objectives.

Order a Copy of Data Center Colocation Market Size, Share, Strategic Insights and Forecasts 2021-2028 Research Report at https://www.theinsightpartners.com/buy/TIPTE100000210/

Data Center Colocation Market: Industry Overview
Based on industry, the market is segmented into IT & telecom, BFSI, healthcare, retail, and others. In 2020, the IT & telecom segment accounted for the largest share in the market.

Browse Related Reports:
Hyperscale Data Center Market Forecast to 2028 – COVID-19 Impact and Global Analysis By Component (Solutions, Services); Organization Size (SMEs, Large Enterprises); End User (Cloud Providers, Colocation Providers, Enterprises) and Geography

Software-Defined Data Structure Market Forecast to 2028 – Covid-19 Impact and Global Analysis – by Type (Software-Defined Computing, Software-Defined Storage, Software-Defined Data Center Networking, Automation and Orchestration); Component (Hardware, Software, Services); Organization Size (Small, Medium-Sized Enterprises, Large Enterprises); Vertical (Banking, Financial Services and Insurance, It and Telecom, Government and Defense, Healthcare, Education, Retail, Manufacturing) and Geography

Multi-tenant Wholesale Data Center Market Forecast to 2028 – COVID-19 Impact and Global Analysis By Type (Multi-Tenant Data Centers, Wholesale Colocation); Application (Commercial, Personal) and Geography

Data Center Cooling Market Forecast to 2028 – COVID-19 Impact and Global Analysis By Offering (Solution and Service), Component (Chillers, Air Conditioning System, Heat Exchanger, Cooling Towers, Air Handling Units, Humidifiers, and Others), Cooling Type (Room Based Cooling, Rack Based Cooling, and Row Based Cooling), Data Center Type (Enterprise Data Center, Colocation Data Center, Wholesale Data Center, and Hyperscale Data Center), and Industry Vertical (BFSI, Manufacturing, IT & Telecom, Media & Entertainment, Retail, Government & Defense, Healthcare, Energy, and Others

Micro Mobile Data Center Market to 2027 – Global Analysis and Forecasts by Rack Unit (Up to 25 RU, 25-40 RU, Above 40 RU); Application (Instant Dc and Retrofit, High Density Networks, Remote Office Support, Mobile Computing, Others); Enterprise Size (Large Enterprises, Small and Medium-Size Enterprises); Industry Vertical (BFSI, Retail, Healthcare, IT and Telecom, Manufacturing, Others) and Geography

All-in-One Modular Data Center Market to 2027 – Global Analysis and Forecasts by Customized Container Types (Standard 20ft. Container Module, Standard 40ft. Container Module, and Other Customized Container Networks); Deployment Type (Indoor and Outdoor); End-users (BFSI, Telecom & IT, OTT, Government, and Healthcare)

Modular Data Center Market to 2025 – Global Analysis and Forecasts by Solution, Services, Application, Deployment and Vertical

Data Center Backup and Recovery Software Market Forecast to 2028 – COVID-19 Impact and Global Analysis By Component (Software, Service); Application (Email Backup, Application Backup, Media Storage Backup); Organization Size (SMEs, Large Enterprises); Deployment (Cloud, On Premise); Vertical (BFSI, IT and Telecom, Retail, Healthcare, Media And Entertainment, Manufacturing, Others) and Geography

Edge Data Center Market Forecast to 2028 – COVID-19 Impact and Global Analysis By Deployment Type (Greenfield Type, Brownfield Type); Vertical (BFSI, IT and Telecommunication, Government, Retail, Others) and Geography

Data Center Construction Market to 2027 – Global Analysis and Forecasts by Types of Construction (General Construction, Electrical Design, and Mechanical Design); By Tier Standards (Tier 1 and Tier 2, Tier 3, and Tier 4); and By Industry Verticals (BFSI, Government, Education, Manufacturing, Retail, Transportation, Media & Entertainment, Others)

About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.

Contact Us:
If you have any queries about this report or if you would like further information, please contact us:

Contact Person: Sameer Joshi
E-mail: [email protected]
Phone: +1-646-491-9876
Press Release – https://www.theinsightpartners.com/pr/data-center-colocation-market

Connect With Us on:
LinkedIn: https://www.linkedin.com/company/7591674/admin/
Twitter: https://twitter.com/tipmarkettrends
Facebook: https://www.facebook.com/theinsightpartners/
YouTube: https://www.youtube.com/c/TheInsightPartners
RSS/Feeds: https://www.theinsightpartners.com/feed/ | https://www.prnewswire.com/news/the-insight-partners/

GlobeNewswire is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.

Artificial Intelligence

$10 million Artificial Intelligence Mathematical Olympiad Prize appoints further advisory committee members

Published

on

$10-million-artificial-intelligence-mathematical-olympiad-prize-appoints-further-advisory-committee-members

D. Sculley, Kevin Buzzard, Leo de Moura, Lester Mackey and Peter J. Liu appointed to the advisory committee for the Artificial Intelligence Mathematical Olympiad Prize.
LONDON, April 26, 2024 /PRNewswire/ — XTX Markets’ newly created Artificial Intelligence Mathematical Olympiad Prize (‘AIMO Prize’) is a $10mn challenge fund designed to spur the creation of a publicly shared AI model capable of winning a gold medal in the International Mathematical Olympiad (IMO).

XTX Markets is delighted to announce the appointment of five further advisory committee members. This group brings great expertise in machine learning, including D. Sculley, the CEO of Kaggle; Lester Mackey, a Principal Researcher at Microsoft Research and a Macarthur Fellow; and Peter J. Liu, a research scientist at Google DeepMind.
Prolific mathematicians Kevin Buzzard, who achieved a perfect score in the International Mathematical Olympiad, and Leo De Moura who is the Chief Architect for Lean, the automated reasoning tool, also join the advisory group.
They join the existing advisory committee members Terence Tao and Timothy Gowers, both winners of the Fields Medal, as well as Dan Roberts, Geoff Smith and Po-Shen Loh.
The AIMO Advisory Committee will support the development of the AIMO Prize, including advising on appropriate protocols and technical aspects, and designing the various competitions and prizes.
Simon Coyle, Head of Philanthropy at XTX Markets, commented:
“We are thrilled to complete the AIMO Advisory Committee with the appointments of D., Kevin, Leo, Lester and Peter. Together, they have enormous experience in machine learning and automated reasoning and are already bringing expertise and wisdom to the AIMO Prize. We look forward to announcing the winners of the AIMO’s first Progress Prize soon, and then publicly sharing the AI models to support the open and collaborative development of AI.”
Further information on the AIMO Prize
There will be a grand prize of $5mn for the first publicly shared AI model to enter an AIMO approved competition and perform at a standard equivalent to a gold medal in the IMO. There will also be a series of progress prizes, totalling up to $5mn, for publicly shared AI models that achieve key milestones towards the grand prize.
The first AIMO approved competition opened to participants in April 2024 on the Kaggle competition platform. The first progress prize focuses on problems pitched at junior and high-school level maths competitions. There is a total prize pot of $1.048m for the first progress prize, of which at least $254k will be awarded in July 2024, There will be a presentation of progress held in Bath, England in July 2024, as part of the 65th IMO.
For more information on the AIMO Prize visit: https://aimoprize.com/ or the competition page on Kaggle: https://www.kaggle.com/competitions/ai-mathematical-olympiad-prize/
Advisory Committee member profiles:
D. Sculley
D. is the CEO at Kaggle. Prior to joining Kaggle, he was a director at Google Brain, leading research teams working on robust, responsible, reliable and efficient ML and AI. In his career in ML, he has worked on nearly every aspect of machine learning, and has led both product and research teams including those on some of the most challenging business problems. Some of his well-known work involves ML technical debt, ML education, ML robustness, production-critical ML, and ML for scientific applications such as protein design.
Kevin Buzzard
Kevin a professor of pure mathematics at Imperial College London, specialising in algebraic number theory. As well as his research and teaching, he has a wide range of interests, including being Deputy Head of Pure Mathematics, Co-Director of a CDT and the department’s outreach champion. He is currently focusing on formal proof verification, including being an active participant in the Lean community. From October 2024, he will be leading a project to formalise a 21st century proof of Fermat’s Last Theorem. Before joining Imperial, some 20 years ago, he was a Junior Research Fellow at the University of Cambridge, where he had previously been named ‘Senior Wrangler’ (the highest scoring undergraduate mathematician). He was also a participant in the International Mathematical Olympiad, winning gold with a perfect score in 1987. He has been a visitor at the IAS in Princeton, a visiting lecturer at Harvard, has won several prizes both for research and teaching, and has given lectures all over the world.
Leo de Moura
Leo is a Senior Principal Applied Scientist in the Automated Reasoning Group at AWS. In his spare time, he dedicates himself to serving as the Chief Architect of the Lean FRO, a non-profit organization that he proudly co-founded alongside Sebastian Ullrich. He is also honoured to hold a position on the Board of Directors at the Lean FRO, where he actively contributes to its growth and development. Before joining AWS in 2023, he was a Senior Principal Researcher in the RiSE group at Microsoft Research, where he worked for 17 years starting in 2006. Prior to that, he worked as a Computer Scientist at SRI International. His research areas are automated reasoning, theorem proving, decision procedures, SAT and SMT. He is the main architect of several automated reasoning tools: Lean, Z3, Yices 1.0 and SAL. Leo’s work in automated reasoning has been acknowledged with a series of prestigious awards, including the CAV, Haifa, and Herbrand awards, as well as the Programming Languages Software Award by the ACM. Leo’s work has also been reported in the New York Times and many popular science magazines such as Wired, Quanta, and Nature News.
Lester Mackey
Lester Mackey is a Principal Researcher at Microsoft Research, where he develops machine learning methods, models, and theory for large-scale learning tasks driven by applications from climate forecasting, healthcare, and the social good. Lester moved to Microsoft from Stanford University, where he was an assistant professor of Statistics and, by courtesy, of Computer Science. He earned his PhD in Computer Science and MA in Statistics from UC Berkeley and his BSE in Computer Science from Princeton University. He co-organized the second place team in the Netflix Prize competition for collaborative filtering; won the Prize4Life ALS disease progression prediction challenge; won prizes for temperature and precipitation forecasting in the yearlong real-time Subseasonal Climate Forecast Rodeo; and received best paper, outstanding paper, and best student paper awards from the ACM Conference on Programming Language Design and Implementation, the Conference on Neural Information Processing Systems, and the International Conference on Machine Learning. He is a 2023 MacArthur Fellow, a Fellow of the Institute of Mathematical Statistics, an elected member of the COPSS Leadership Academy, and the recipient of the 2023 Ethel Newbold Prize.
Peter J. Liu
Peter J. Liu is a Research Scientist at Google DeepMind in the San Francisco Bay area, doing machine learning research with a specialisation in language models since 2015 starting in the Google Brain team. He has published and served as area chair in top machine learning and NLP conferences such as ICLR, ICML, NEURIPS, ACL and EMNLP. He also has extensive production experience, including launching the first deep learning model for Gmail Anti-Spam, and using neural network models to detect financial fraud for top banks. He has degrees in Mathematics and Computer Science from the University of Toronto.
About XTX Markets:
XTX Markets is a leading financial technology firm which partners with counterparties, exchanges and e-trading venues globally to provide liquidity in the Equity, FX, Fixed Income and Commodity markets. XTX has over 200 employees based in London, Paris, New York, Mumbai, Yerevan and Singapore. XTX is consistently a top 5 liquidity provider globally in FX (Euromoney 2018-present) and is also the largest European equities (systematic internaliser) liquidity provider (Rosenblatt FY: 2020-2023).
The company’s corporate philanthropy focuses on STEM education and maximum impact giving (alongside an employee matching programme). Since 2017, XTX has donated over £100mn to charities and good causes, establishing it as a major donor in the UK and globally.
In a changing world XTX Markets is at the forefront of making financial markets fairer and more efficient for all.
 

View original content:https://www.prnewswire.co.uk/news-releases/10-million-artificial-intelligence-mathematical-olympiad-prize-appoints-further-advisory-committee-members-302128542.html

Continue Reading

Artificial Intelligence

Hikvision redefines urban mobility with AIoT-powered solutions at Intertraffic 2024

Published

on

hikvision-redefines-urban-mobility-with-aiot-powered-solutions-at-intertraffic-2024

HANGZHOU, China, April 26, 2024 /PRNewswire/ — Hikvision made a significant appearance at Intertraffic Amsterdam, the leading global trade fair for mobility and traffic technology. At the trade event, Hikvision unveiled a suite of traffic, transport, and parking management solutions and products powered by Artificial Intelligence of Things (AIoT) technology, which promised to improve urban mobility, road safety, and operational efficacy.

Elevating urban traffic intelligence with AIoT
One highlight of the Hikvision stand was its intelligent urban traffic solution, which leveraged the power of AIoT to deliver comprehensive real-time monitoring, incident detection, and traffic control. This solution intelligently reshapes traffic dynamics, offering a more responsive and data-driven approach to enhance situational awareness and traffic management. Key innovations in the solution included:
Hikvision’s radar-video fusion camerasThese combine the range perception of radar with the visual perception of video. The 4 MP Radar and Video Vehicle Detector, for example, helps to enhance road safety by providing early warning of potential hazards in challenging situations such as blind spots at intersections and obstacles outside the visual range.Hikvision’s All-In-One Traffic SpotterThis stands out with its multifaceted design incorporating video, radar, and lighting technologies for heightened traffic violation detection. Its streamlined column design facilitates effortless installation.Hikvision’s Radar-Linked PTZ Camera This ensures consistent performance in adverse weather and lightening conditions, and minimizes false alarms with advanced deep-learning algorithms.Innovating parking management
Hikvision also introduced its parking management solutions. These combine extremely precise license plate recognition and intelligent barrier controls incorporating highly accurate radar sensors. This comprehensive approach enhances security, reduces the need for manual intervention, and streamlines traffic flow across parking areas. The Global Shutter CMOS* (GMOS) ANPR camera was a new addition to the lineup. Designed to seamlessly blend in the environment, it is tailored for the task of discreetly capturing license plates at parking facilities that prioritize subtlety.
Advancing public transportation safety and efficiency
Attendees also had the opportunity to explore Hikvision’s latest public transport solutions, integrating AI-driven analytics with advanced video security, on-site voice broadcasting, and centralized management for enhanced onboard security, improved passenger experience, and operational efficiency for buses and taxis. This included the Four-way monitoring system and the Panoramic Auxiliary System, both designed to reduce blind spots and provide high-definition imaging to improve driving safety.
“As ever, we are continually expanding our suite of technologies to enhance traffic safety and efficiency,” said Nick Wu, Project Product Director at Hikvision Europe. “Our commitment lies in minimizing the need for extensive roadside installations by incorporating comprehensive perception and robust AI within unified device frameworks. These innovations automate and streamline every aspect of traffic management, from violation detection to traffic flow monitoring, driving safety, and parking management.”
To find out more about Hikvision’s urban mobility products and solutions, please explore its official website.
Note: CMOS stands for Complementary Metal-Oxide-Semiconductor.
Photo – https://mma.prnewswire.com/media/2398456/Hikvision_redefines_urban_mobility_AIoT_powered_solutions_Intertraffic_2024.jpgPhoto – https://mma.prnewswire.com/media/2398459/Hikvision_redefines_urban_mobility_AIoT_powered_solutions_Intertraffic_2024.jpg

View original content:https://www.prnewswire.co.uk/news-releases/hikvision-redefines-urban-mobility-with-aiot-powered-solutions-at-intertraffic-2024-302128527.html

Continue Reading

Artificial Intelligence

London Blockchain Conference Launches the No Future Campaign

Published

on

london-blockchain-conference-launches-the-no-future-campaign

LONDON, April 26, 2024 /PRNewswire/ — The London Blockchain Conference is excited to announce the launch of its ground-breaking, ‘No Future Campaign’. This initiative aims to create a strong narrative surrounding blockchain technology by challenging perceptions and sparking conversations. By creating this platform, the campaign aims to instil a fear of missing out (FOMO) sensation among the audience, positioning the London Blockchain Conference as a gateway to securing a stake in the future and unlocking the potential of blockchain technology.

With a bold and evocative narrative theme, the campaign will initially confront the audience with a jarring reality check of “NO FUTURE” and then resolve the statement “WITHOUT BLOCKCHAIN” to spark curiosity and engagement with the optimistic revelation that blockchain holds the key to a prosperous future.
The ‘No Future Campaign’ started on 17 April 2024 with the London Blockchain Conference creating and executing content on/with media platforms and partnerships:
Wharf Life inserts (17/04/2024) – Print and a digital advert/editorial-sponsored pieces.Animations being released on paid and organic channels in a 3-week campaign.Alex Stein, Conference Director said, “The No Future Campaign is a call for individuals, enterprises, and governments to recognise the importance and role of blockchain in shaping the future. Through the London Blockchain Conference, we aim to educate and inspire attendees to understand and harness the potential of blockchain technology.”
The three-day London Blockchain Conference at the ExCel will bring together politicians, business leaders, and innovators. The conference will be running from 21 – 23 May 2024 and will focus on disruptive and real-world applications of blockchain technology and the impact it is having on politics, emerging technologies, and enterprises.
For more information about the ‘No Future campaign’, visit the London Blockchain Conference website.
About the London Blockchain Conference
NETWORK. LEARN. ENGAGE. 
 At the London Blockchain Conference, we show how Blockchain will change the world and help people see another way to manage data, build scalable on-chain solutions and achieve great things. We do this by creating valuable, insightful, and engaging events that educate and inform, allowing you to connect and network to build strong business relationships. Our conference is the best avenue to see blockchain innovations, ecosystem announcements, product launches, technology updates, keynote speeches, panels, and fireside chats from blockchain leaders. Join us and experience it for yourself. 
 
 

View original content:https://www.prnewswire.co.uk/news-releases/london-blockchain-conference-launches-the-no-future-campaign-302128526.html

Continue Reading

Trending