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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

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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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KMS Lighthouse and lastminute.com Triumph with a Double Win at the Global Sourcing Association (GSA) 2024 Awards

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TEL AVIV, Israel, June 17, 2024 /PRNewswire/ — KMS Lighthouse, a global leader in knowledge management, is proud to announce its remarkable achievement of winning two prestigious awards with lastminute.com at the Global Sourcing Association (GSA) 2024 Awards. The brands were honored in the following categories:

Retail Programme of the Year: lastminute.com and KMS Lighthouse LimitedTechnology Enabled Programme of the Year (Automation/AI): lastminute.com and KMS Lighthouse LimitedKMS Lighthouse was also a finalist in the Service Provider of the Year category.
The awards were presented on June 11, 2024, at a glittering ceremony held at Richmond Hill Hotel, as part of the GSA Festival of Sourcing. Celebrating its 21st year, the GSA Awards recognize organizations that demonstrate exceptional best practices in strategic sourcing.
Sagi Eliyahu, CEO of KMS Lighthouse Limited commented “We are absolutely delighted to have won these two esteemed awards. This recognition underscores the tireless dedication and innovation of our teams in delivering exceptional knowledge management solutions to our clients. I would like to extend my heartfelt gratitude to our partners at lastminute.com. The synergy and true partnership we have formed exemplify the collaborative spirit needed to drive outstanding results.”
“We are thrilled to celebrate these award wins with KMS Lighthouse,” said Walter Di Lello, Knowledge Manager & Procedure Team Leader at lastminute.com. “This achievement is a testament to the hard work and dedication of both our teams. The collaborative partnership approach we have fostered with KMS Lighthouse has been pivotal in delivering innovative and impactful solutions. Thank you to everyone involved for their relentless commitment and excellence.”
This double accolade highlights KMS Lighthouse’s unwavering commitment to excellence, innovation, and effective collaboration. The successful partnership with lastminute.com has not only enhanced the retail sector’s capabilities but also set new standards in automation and AI-driven solutions.
About KMS Lighthouse:
KMS Lighthouse is a global leader in knowledge management solutions, providing innovative platforms that enhance organizational knowledge sharing and decision-making. Through advanced AI and automation technologies, KMS Lighthouse enables businesses to improve customer service, streamline operations, and achieve higher efficiency.
About lastminute.com
lastminute.com is the European Travel-Tech leader in Dynamic Holiday Packages. Our mission is to simplify, personalise, and enhance our customers’ travel experience by leveraging technology. Thanks to the iconic brand lastminute.com and a rich portfolio of vertical brands, we meet the most diverse needs of travellers across the entire holiday experience. As one of the few fully licensed European tour operators, we offer unlimited real-time travel combinations thanks to our proprietary Dynamic Holiday Packaging engine, providing additional customer protection and exclusive deals. lastminute.com N.V. is a publicly traded company listed under the ticker symbol, LMN on the SIX Swiss Exchange.
Media Contact:KMS Lighthouse [email protected] [email protected]://www.linkedin.com/company/kms-lighthouse/https://kmslh.com/

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CluePoints Continues ‘Turning Artificial Intelligence into Human Intelligence’ by Launching Two New Innovations

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Site Profile & Oversight Tool (SPOT) and Intelligent Medical Coding (IMC) unveiled by RBQM innovator at DIA Global Annual Meeting 2024
KING OF PRUSSIA, Pa., June 17, 2024 /PRNewswire/ — CluePoints, provider of leading statistical and AI-driven software solutions, will unveil two of its latest advanced, deep learning technology innovations at the DIA Global Annual Meeting 2024. Both solutions deliver groundbreaking enterprise platform transformations providing Sponsors and CROs with a smarter way to conduct clinical research and detect and manage risks that could impact clinical trial outcomes.

Taking RBQM to a new level, CluePoints’ Site Profile & Oversight Tool (SPOT) delivers adaptive site monitoring, enabling teams to swiftly pinpoint anomalies and translate insights into strategies and actions. Sponsors and CROs can improve their ability to evaluate the performance of clinical trial sites and adjust site visit plans more effectively and efficiently while accurately balancing risk and resource workload.
Further streamlining processes, CluePoints’ Intelligent Medical Coding solution harnesses advanced deep learning technology to enhance the accuracy and efficiency of coding in clinical trials. It seamlessly integrates with existing systems to offer precise, AI-generated coding suggestions, drastically reducing the need for manual dictionary searches and costly coding reviews, freeing up valuable resources and ensuring uniformity across all coded data.
Andy Cooper, CEO of CluePoints, said: “DIA offers the perfect opportunity to share with the industry our latest disruptive and innovative solutions that address key challenges within traditional clinical research methods. Unveiling two new products that leverage next generation AI will transform how CluePoints is viewed in the industry, as we enhance our enterprise-wide solutions to reach new levels of accuracy and efficiency to both improve clinical trial performance and deliver greater insights to further mitigate risk. Our early adopters are already raving about how valuable they are finding both product offerings and we are excited to showcase how they will shape future processes and embody our brand promise to ‘turn artificial intelligence into human intelligence.”
With over 9,500 users engaged with CluePoints’ enterprise platform, to date over 1,600 studies have been de-risked and over 142,000 issues detected.
Visitors to the CluePoints’ DIA Global exhibition booth #1301 will have the opportunity to meet with subject matter experts and see demonstrations of both new platform solutions.
CluePoints also invites DIA attendees to join them at 3pm on Tuesday, June 18th, for a special toast at their booth to celebrate the latest innovations.  
To learn more about CluePoints’ award-winning solutions, please visit www.cluepoints.com.
About CluePoints
CluePoints is the premier Risk-Based Quality Management (RBQM) and Data Quality Oversight Software provider. We are leveraging the potential of artificial intelligence using advanced statistics and machine learning to determine the quality, accuracy, and integrity of clinical trial data both during and after study conduct. Aligned with guidance from the FDA, EMA, and ICH E6 (R2), CluePoints is deployed to support central and on-site monitoring, medical review, quality risk management and to drive a holistic Risk-Based strategy in all trials. Coupled with thought leadership and consulting expertise to aid pre-study risk assessment, identification of risk controls and solution implementation, you now have everything you need to adhere with global regulatory guidance. The result is positive clinical development outcomes, increased operational efficiency, lower costs and reduced regulatory submission risk as part of the industry paradigm shift to RBQM.
 

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ComplyCube Launches Trust Center with the Most Complete Compliance Posture in the Market

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LONDON, June 17, 2024 /PRNewswire/ — ComplyCube, a RegTech100 global leader in identity verification and compliance solutions, proudly announces the launch of its comprehensive Trust Center. This new initiative emphasizes ComplyCube’s unrivaled compliance posture, redefining security and privacy for IDV, KYC, and AML platforms. With over fifty continuously monitored controls, the AI-powered SaaS leads the way in ensuring clients stay ahead of international regulations and standards.

The Trust Center provides real-time updates on security measures, compliance statuses, and operational transparency, empowering clients to meet regulatory requirements confidently and allowing them to view ComplyCube’s compliance posture on demand. This platform is engineered to enhance transparency, build trust, and streamline compliance processes for organizations worldwide.
ComplyCube unveils its unrivaled compliance posture, redefining security and privacy for IDV, KYC, and AML platforms. With over fifty continuously monitored controls, ComplyCube leads the way in ensuring clients stay ahead of international regulations and standards.
Key Features of the Trust Center:
Real-Time Compliance Dashboard: Live updates on compliance metrics and security statuses.Comprehensive Resource Hub: Access to essential documents, certifications, and regulatory guidelines.Incident Reporting and Tracking: Full transparency in reporting and monitoring security incidents.Tarek Nechma, CEO of ComplyCube, remarked, “The launch of the Trust Center marks a pivotal milestone in our mission to build trust at scale and deliver state-of-the-art compliance solutions. This platform will empower our clients to navigate the complexities of regulatory landscapes with confidence.”
Non-compliance costs are 2.71 times higher than the costs of maintaining or meeting compliance requirements. Another study indicates that companies with strong compliance programs can reduce incident costs by up to 30%. On top of this, 84% of businesses encounter compliance challenges that can lead to significant financial and reputational damage. ComplyCube’s Trust Center aims to further mitigate these risks by providing tools that help businesses maintain and improve their compliance posture.
Mohamed Alsalehi, CTO of ComplyCube, stated, “We design our systems to be compliant by design with the stringent laws and regulations. This proactive approach ensures our clients can meet and exceed compliance requirements effortlessly.”
Joshua Dent, Business & Partnerships Manager, added, “The Trust Center showcases ComplyCube’s adherence to a multitude of globally recognized standards and data protection regulations. Clients and partners can find answers to many of their data protection questions, view active controls, and request documents to fulfill due diligence. It’s fantastic to see this go live following our latest certifications, such as UK DIATF, ISO 9001, PAD Level 2, and ISO 27001:2022 upgrade.”
ComplyCube continues to set industry standards with its innovative solutions, and the Trust Center’s launch underscores its mission to support businesses in achieving compliance excellence.
For more information about the Trust Center, visit ComplyCube Trust Center.
About ComplyCubeComplyCube is a leading provider of identity verification and compliance solutions, helping organizations across various sectors secure their operations and meet regulatory requirements. With a focus on innovation and customer satisfaction, ComplyCube delivers reliable and efficient services that empower businesses to thrive in a complex regulatory environment.
About VantaVanta is a leading trust management platform that automates compliance and streamlines security reviews for SaaS businesses. It helps companies manage risk and prove security in real-time, ensuring adherence to global standards and data protection regulations. With Vanta’s Trust Center, businesses can efficiently manage compliance processes and demonstrate their commitment to security and trust.
 
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