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The Portugal Data Center Market to Hit $1.3 Billion by 2027. Around 900 thousand Sq ft of spaces to be Added in the Next 5 Years – Arizton

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Chicago, May 17, 2022 (GLOBE NEWSWIRE) — According to Arizton’s latest research report, the Portugal data center market will grow at a CAGR of 6% during 2022-2027. Portugal is working toward meeting the total power demand for 100% renewable energy by 2050. Portugal expects to add around 206 MW of power capacity during 2022–2027.

Portugal Data Center Market Report Scope

Report Attributes Details
MARKET SIZE (2027) $1.3 Billion
MARKET SIZE (2021) $931.2 Million
MARKET SIZE (AREA) (2027) 192 thousand Sq. Ft
MARKET SIZE (POWER CAPACITY) (2027) 42 MW
COLOCATION MARKET SIZE (2027) $102 Million
CAGR (2022-2027) 6%  
BASE YEAR 2021  
FORECAST YEAR 2022-2027

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The Portugal data center market comprises six unique third-party data center service providers, operating around 16 facilities. Four data centers are currently announced or under construction and expect to be operational during the forecast period.

Key Insights

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  • Equinix, NOS, WebTuga, and Altice Portugal are some of the major colocation providers operating in Portugal. Global service providers are entering the market through strategic partnerships with local enterprises, government, and telecom service providers to expand the market.
  • In October 2021, CloudZone, a multi-cloud managed service provider, announced that Flipkick to provide consulting and professional services to open local office in Porto, Portugal. Moreover, CloudZone partnered with Amazon Web Services (AWS) to accelerate cloud services and improve the digital economy of Portugal.
  • Hyperscale providers such as Oracle, Microsoft, and Google operating via partners in the Portugal market, it is expected that the rack power density will grow during the forecast period.
  • Air-based and water-based cooling systems are majorly adopted in the Portugal data center market. The growing construction of data centers will be one of the major factors for the deployment of multiple chillers, cooling towers, and CRAH units.
  • The Portugal data center market has assumed significance owing to reasons such as its strategic location and connectivity to Africa, Asia, and Latin America, the growing digital economy, availability of renewable energy sources, and growing concerns over data center development in FLAPD markets.
  • Lisbon, being the commercial and economic capital, is the primary data center hub in Portugal, with 7 third-party data centers contributing to over 30% of the existing capacity. Other cities, such as Covilhã, Porto, Azores, Madeira, Riba de Ave, Ermesinde, and Sines have also witnessed investment.
  • The data center investment pipeline includes projects from Pioneer Point Partners & Davidson Kempner Capital Management, Merlin Properties & Edged Energy, Administración de Puertos de Douro, Leixões y Viana do Castelo (APDL), and Fundação para a Ciência e a Tecnologia (FCT).
  • The ICT sector currently represents over 20% of the overall GDP of Portugal. The Ministry of Economy and Digital Transition has implemented Phase 2 of the Indústria 4.0 to promote digitalization in the country to initiate strategies for artificial intelligence and advance computing.

Why Should You Buy This Research Report?

  • Portugal data center market size is available in the investment, area, power capacity, and the Portugal colocation market revenue.
  • An assessment of the data center investment in Portugal by colocation, hyperscale, and enterprise operators.
  • Data center investments in the area (square feet) and power capacity (MW) across cities.
  • A detailed study of the existing Portugal data center market landscape, an in-depth industry analysis, and insightful predictions about the Portuguese data center market size during the forecast period.
  • Snapshot of existing and upcoming third-party data center facilities in Portugal
    • Facilities Covered (Existing): 16
    • Facilities Identified (Upcoming): 03
    • Coverage: 7 Cities
    • Existing vs. Upcoming (Data Center Area)
    • Existing vs. Upcoming (IT Load Capacity)
  • Data center colocation market in Portugal
    • Market Revenue & Forecast (2021-2027)
    • Retail Colocation Pricing
  • The Portugal data center landscape market investments are classified into IT, power, cooling, and general construction services with sizing and forecast.
  • A comprehensive analysis of the latest trends, growth rate, potential opportunities, growth restraints, and prospects for the industry.
  • Business overview and product offerings of prominent IT infrastructure providers, construction contractors, support infrastructure providers, and investors operating in the industry.
  • A transparent research methodology and the analysis of the demand and supply aspect of the market.

The Report Includes the Investment in the Following Areas: 

IT Infrastructure

  • Servers
  • Storage Systems
  • Network Infrastructure

Electrical Infrastructure

  • UPS Systems
  • Generators
  • Switches & Switchgears
  • PDUs
  • Other Electrical Infrastructure

Mechanical Infrastructure

  • Cooling Systems
  • Rack Cabinets

General Construction

  • Core & Shell Development
  • Installation & Commissioning Services
  • Building & Engineering Design
  • Fire Detection & Suppression
  • Physical Security
  • Data Center Infrastructure Management (DCIM)

Tier Standard

  • Tier I & Tier II
  • Tier III
  • Tier IV

Investment Opportunities

  • In April 2021, Merlin Properties in partnership with Edged Energy announced plans to build four data centers in Spain and Portugal. In Portugal, the company plans to build a 20-MW data center campus in Lisbon. PUE of data centers is expected to be around 1.15, with zero water consumption.
  • NOC, the telecom operator, launched the 5G technology in Portugal in December 2021. NOC, Anacom and Corning are some of the telecom operators offering 5G connectivity in the country.
  • The Medusa submarine cable system, with a length of around 8,760 km and owned by AFRIX Telecom that will connect Portugal with Algeria, Egypt, France, Greece, Italy, & Spain, is likely to be ready for service by Q3 2024.

Vendors Analysis

IT Infrastructure Providers

  • Cisco Systems
  • Dell Technologies
  • Fujitsu
  • Hewlett Packard Enterprise (HPE)
  • IBM
  • Lenovo
  • Oracle
  • NEC Corporation
  • Pure Storage

Data Center Construction Contractors & Sub-Contractors

  • ARSMAGNA
  • CAP DC
  • O/M

Support Infrastructure Providers

  • ABB
  • Caterpillar
  • Daikin Applied
  • ebm-papst
  • Johnson Controls
  • Legrand
  • Siemens

Data Center Investors

  • Altice Portugal
  • Ar Telecom
  • Equinix
  • NOS Sistemas
  • WebTuga
  • REN

Explore our data center knowledge base profile to know more about the industry. 

Click Here to Download the Free Sample Report

Read some of the top-selling reports:  

About Arizton:   

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Arizton Advisory and Intelligence is an innovation and quality-driven firm, which offers cutting-edge research solutions to clients across the world. We excel in providing comprehensive market intelligence reports and advisory and consulting services.  

We offer comprehensive market research reports on industries such as consumer goods & retail technology, automotive and mobility, smart tech, healthcare, and life sciences, industrial machinery, chemicals, and materials, IT and media, logistics and packaging. These reports contain detailed industry analysis, market size, share, growth drivers, and trend forecasts.  

Arizton comprises a team of exuberant and well-experienced analysts who have mastered in generating incisive reports. Our specialist analysts possess exemplary skills in market research. We train our team in advanced research practices, techniques, and ethics to outperform in fabricating impregnable research reports.  

Click Here to Contact Us

Call: +1-312-235-2040  
          +1 302 469 0707  

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Artificial Intelligence

ZTE highlights building solid foundations with full-stack intelligent computing solution at MWC Shanghai 2024

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SHANGHAI, June 26, 2024 /PRNewswire/ — ZTE Corporation (0763.HK / 000063.SZ), a global leading provider of integrated information and communication technology solutions, will present innovative solutions and success cases in connectivity, computing power, industrial digitalization, and terminal devices at MWC Shanghai 2024, committed to building solid foundations with its full-stack and full-scenario intelligent computing solution.

In addition to exhibitions, ZTE will participate in various forums, sharing insights on trending topics, including AI, 5G, digitalization, etc. Meanwhile, the company will be hosting a series of launch events, showcasing its AI-powered eyewear-free 3D products and the Nebula Telecom Large Model.
Adhering to its “connectivity + computing” strategy, ZTE aims to create a dynamic ecosystem with industry partners, emphasizing openness and decoupling. Through continuous innovation, ZTE seeks to unfold an intelligent future.
Computing Power: Full-Stack Intelligent Computing as Efficient Foundation
ZTE provides a full-stack and full-scenario intelligent computing solution involving computing power, networks, capabilities, intelligence, and applications. With a full series of servers, high-performance storage products, lossless networks, and green data centers, ZTE has created a robust engine for diverse intelligent computing centers.
Connectivity: A New Era of 10Gbps Experience
Together with industry partners, ZTE continues to explore innovations in 5G-A technologies across different scenarios and industries, and empowers diversified new B2B and B2C services based on 10Gbps+ experience. Meanwhile, ZTE is also leading in global OTN technologies, and actively driving the evolution of all-optical connectivity, building 10Gbps networks for cities, and empowering smart life based on intelligent computing.
Industry: Phygital Convergence for Innovative Development
ZTE proposes the solution of “intelligent computing infrastructure + Digital Nebula,” facilitating phygital innovation and boost productivity in the intelligent era. ZTE has developed hundreds of exemplary projects in key sectors and ZTE Digital Nebula 3.0 has become the “super brain” of industrial digitalization, enabling customers and industry partners to foster a sustainable and intelligent ecosystem.
ZTE Mobile Devices: AI Full-Scenario Intelligent Ecosystem 3.0
With “AI for All” product strategy, ZTE has launched a full range of AI devices, including smartphones, tablets, laptops, PCs, and mobile internet products, dedicated to building AI Full-Scenario Intelligent Ecosystem 3.0. Emerging as a pioneer in cloud PCs, ZTE possesses a global user base of over 3 million.
For more information about ZTE’s highlights at MWC Shanghai 2024, please visit: https://www.zte.com.cn/global/about/news/zte-highlights-building-solid-foundations-with-full-stack-intelligent-computing-solution-at-mwc-shanghai-2024.html
MEDIA INQUIRIES:
Email: [email protected]

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Artificial Intelligence

Comviva named a Visionary in the 2024 Gartner® Magic Quadrant™ for AI in CSP Customer and Business Operations Report

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NEW DELHI, June 26, 2024 /PRNewswire/ — Comviva, the global leader in customer experience and data monetization solutions, today announced that it has been named a Visionary in the 2024 Gartner Magic Quadrant for AI in CSPs Customer and Business Operations report.

Gartner defines the market of AI in communications service provider (CSP) customer and business operations as commercial off-the-shelf (COTS) products. They are either capabilities embedded in CSP-specific operational technology (OT) applications (such as channels, CRM and other business support system [BSS] applications) or industry-agnostic horizontal applications delivering AI/machine learning (ML)-based customer and business operations to CSPs. CSP customer and business operations refer to marketing, sales, customer acquisition, customer journey, billing and revenue management, revenue assurance, and related risk management. The scope of AI products covers data readiness, life cycle management of algorithms and their application to CSP customer and business operations.
Comviva’s vision is to revolutionize the telecommunications industry by harnessing the transformative power of AI and Generative AI. With AI use cases across its MobiLytix™ and BlueMarble solutions, Comviva is enabling businesses to create, manage, and deliver real-time personalization, contextualized customer experiences, and intelligence-driven commerce at scale. Comviva has been noted for its strength in content creation, natural language generation, decision intelligence and machine learning.
“To thrive in today’s digital economy, businesses must accelerate the adoption of AI and related digital technologies. Comviva’s greatest strength has been our intelligent platforms that deliver personalized experiences and engagement across the customer journey,” said Rajesh Chandiramani, CEO at Comviva. “We are excited by this recognition as we believe that this affirms our strategic direction and leadership in revolutionizing telecommunications with AI. Comviva’s strong position in the quadrant validates our commitment and progress toward leveraging next-gen technologies in our solutions to deliver exceptional customer experiences.”
Comviva integrates state-of-the-art AI technologies across its comprehensive product portfolio, driving innovation, enhancing customer experiences, and optimizing business operations for Communications Service Providers (CSPs) around the world.
Source: Gartner Magic Quadrant for AI in CSP Customer and Business Operations, by Pulkit Pandey, Amresh Nandan, Peter Liu, 4 June 2024.
GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally, MAGIC QUADRANT is a registered trademark of Gartner, Inc. and/or its affiliates and are used herein with permission. All rights reserved.
Contact
Sundeep Mehta, +91()9910030732, [email protected] 
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Artificial Intelligence

Jacobi releases Model Portfolio Tech to help investment firms capitalise on booming opportunity

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The search for technology to support model portfolio management and portfolio construction services is increasing as companies look to centralise and scale their model portfolio management and compete in a rapidly growing market.
LONDON, June 26, 2024 /PRNewswire/ — The utilisation of model portfolios among financial advisers has emerged as a transformative force, with staggering growth in model portfolios projected to continue over the next decade. And with good reason, they offer an efficient method for diversification, risk management, and portfolio construction, with personalisation features to match the unique financial goals and risk tolerances of clients.

Financial advisers are also increasingly turning to asset managers for assistance in managing the model portfolios they build and maintain for clients. Jacobi’s model management technology enables asset managers to scale the portfolio construction services they offer financial professionals. The technology enables a platform that can centralise performance and risk analytics, integrate investment workflows, and produce professional reports to share with clients.
An early adopter of Jacobi’s model technology, leading asset manager T. Rowe Price has seen improved process efficiencies and enhanced engagement with clients.
Chris Augelli, Head of Advisor Engagement & Portfolio Construction Solutions at T. Rowe Price, says:
“Jacobi’s technology has enabled us to work faster and handle the increasing demand for our portfolio construction services. Having the team on one common platform through Jacobi has facilitated collaboration in real-time, which has supported our effectiveness in meeting clients’ needs.”
Tanya Bartolini, Chief Revenue Officer at Jacobi, says:
“Our technology helps us partner with asset managers such as T.Rowe Price to scale and connect workflows, driving enormous efficiencies – and ultimately increasing their market distribution.”
About Jacobi
Jacobi Inc. is a global investment technology provider that streamlines multi-asset investment processes and enables portfolio design, analysis, and client engagement. Its unique “open architecture” platform allows users to tailor the platform by integrating their own code, models, data, analytics, and applications.
Founded in 2014, Jacobi provides its technology to top-tier investors across the globe, including some of the world’s leading asset and wealth managers, pension funds, asset owners, and investment consultants. 
About T.Rowe Price 
Founded in 1937, T. Rowe Price helps people around the world achieve their long-term investment goals. As a large global asset management company known for investment excellence, retirement leadership, and independent proprietary research, the firm is built on a culture of integrity that puts client interests first. Investors rely on the award-winning firm for its retirement expertise and active management of equity, fixed income, alternatives, and multi-asset investments. T. Rowe Price manages $1.54 trillion in client assets as of May 31, 2024, and it serves millions of clients globally.
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