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Caribbean data center market is expected to grow at a CAGR of 11.70% during 2022-2027

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New York, Aug. 11, 2022 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Caribbean Data Center Market – Investment Analysis & Growth Opportunities 2022-2027” – https://www.reportlinker.com/p06313594/?utm_source=GNW

• Various Caribbean country governments are supporting digitalization in Jamaica, Cayman Island, and the Bahamas to attract more investment. For instance, Jamaica partnered with the European Union (EU) in 2021-2027, which aims to support Jamaica’s goal of a digital economy and society.
• In the Caribbean region, Panama, Jamaica, Cayman Islands, Bermuda, and Aruba are some of the countries working towards generating electricity from renewable energy sources. For instance, Bermuda’s Integrated Resource Plan (IRP) will lead to 85% of electricity from renewable energy sources by 2035.
• Cloud service providers partner with local companies to provide cloud services in the region. For instance, in April 2021, Millicom (Tigo) partnered with Amazon Web Services (AWS) to provide AWS cloud-based services through its multi-Cloud managed services in Panama.

KEY HIGHLIGHTS OF THE CARIBBEAN DATA CENTER MARKET

• Bahamas, Panama, Jamaica, and Cayman Island are some major countries witnessing investments from various data center operators due to different national development schemes. For instance, the Bahamas government announced National Development Plan Vision 2040 to improve investments and guide government decisions to attract investments in the country in the coming 25 years.
• The Caribbean Free Trade Association (CARIFTA) aims to strengthen the region’s economy. Also, the governments of various countries are establishing special economic zones to attract investments in the region. Panama’s government also has established free economic zones such as the Colon free trade zone and Pacifico special economic zone that will offer space for industrial development with benefits such as tax exemptions. Also, it will attract investment from the US.
• Government steps such as personal data protection law established in the Bahamas, Panama, and the Cayman Islands have strengthened the Caribbean data center market. For instance, in May 2021, the Panama Personal Data Protection Rule was enacted, which will regulate data protection and privacy in the country.
• Factors such as the adoption of cloud computing and advanced technologies such as the Internet of Things (IoT), big data, artificial intelligence, and government support for data centers are driving the data center market in the Caribbean region.

WHY SHOULD YOU BUY THIS RESEARCH?

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• Market size available in the investment, area, power capacity, and the Caribbean colocation market revenue.
• An assessment of the data center investment in the Caribbean by colocation, hyperscale, and enterprise operators.
• Data center investments in the area (square feet) and power capacity (MW) across countries in the region.
• During the forecast period, a detailed study of the existing Caribbean data center market landscape, an in-depth industry analysis, and insightful predictions about the Caribbean data center market size.
• Snapshot of existing and upcoming third-party data center facilities in the Caribbean
• Facilities Covered (Existing): 15
• Facilities Identified (Upcoming): 00
• Coverage: 4 Countries
• Existing vs. Upcoming (Data Center Area)
• Existing vs. Upcoming (IT Load Capacity)
• Data center colocation market in the Caribbean
• Market Revenue & Forecast (2021-2027)
• Retail and Wholesale Colocation Pricing
• Retail vs. Wholesale Colocation Market
• The Caribbean 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 in the industry.
• A transparent research methodology and the analysis of the demand and supply aspect of the market.

MARKET VENDOR LANDSCAPE

• The Caribbean data center market has several local and global colocation providers operating across different countries. Major colocation providers include KIO Networks, Telecom Italia Sparkle, Air Link Communications, Blue NAP Americas, and Oxygen.
• KIO Networks operates two data center facilities in the Caribbean region in Panama and the Dominican Republic. Additionally, In August 2021, Telecom Italia Sparkle opened its Panama data center facility in Panama City, which hosts around 600 cabinets with an IT load of around 5 MW.
• Curacao Technology Exchange (CTEX) has developed a data center campus that consists of four data center facilities. This investment is reshaping the Caribbean and Latin American region’s connectivity with other countries, digitalization, and value in the global digital economy.
• The Caribbean data center market is dominated by local construction contractors, including Civil Engineering Caribbean, Dusron Bouwbedrijf, Habibe & Maia Architects, and Informatics Engineering Services. For instance, Informatics Engineering Services is involved in developing a data center in Trinidad and Tobago, in which Digicel colocated its services in the first phase of the facility.
• In terms of IT infrastructure, the market is dominated by global vendors such as Cisco Systems, Dell Technologies, Fujitsu, Hewlett Packard Enterprise (HPE), IBM, and Lenovo. For instance, Blue NAP Americas’ Caribbean data center facility is equipped with technologies such as cloud solutions run on VCE’s VblockTM infrastructure and supported by EMC, VMware, Cisco Systems, and Intel.

EXISTING VS. UPCOMING DATA CENTERS

• Existing Facilities in the region(Area and Power Capacity)
• Bahamas
• Jamaica
• Panama
• Cayman Island
• Other Countries
• List of Upcoming Facilities in the region(Area and Power Capacity)

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REPORT COVERAGE:
This report analyses the Caribbean data center market share. It elaboratively analyses the existing and upcoming facilities and investments in IT, electrical, mechanical infrastructure, general construction, and tier standards. It discusses market sizing and investment estimation for different segments. The segmentation includes:

• IT Infrastructure
• Servers
• Storage Systems
• Network Infrastructure
• Electrical Infrastructure
• UPS Systems
• Generators
• Switches & Switchgears
• PDUs
• Other Electrical Infrastructure
• Mechanical Infrastructure
• Cooling Systems
• Rack Cabinets
• Other Mechanical Infrastructure
• Cooling Systems
• CRAC & CRAH Units
• Chiller Units
• Cooling Towers, Condensers & Dry Coolers
• Economizers & Evaporative Coolers
• Other Cooling Units
• General Construction
• Core & Shell Development
• Installation & commissioning Services
• Engineering & Building Design
• Fire Detection & Suppression Systems
• Physical Security
• Data Center Infrastructure Management (DCIM)
• Tier Standard
• Tier I & Tier II
• Tier III
• Tier IV
• Geography
• Bahamas
• Jamaica
• Panama
• Cayman Island
• Other Countries

VENDOR LANDSCAPE
• IT INFRASTRUCTURE PROVIDERS: Cisco Systems, Dell Technologies, Fujitsu, Hewlett Packard Enterprise, IBM, and Lenovo.
• DATA CENTER CONSTRUCTION CONTRACTORS & SUB-CONTRACTORS: Civil Engineering Caribbean, Dusron Bouwbedrijf, Habibe & Maia Architects, Informatics Engineering Services, and Pergravis.
• SUPPORT INFRASTRUCTURE PROVIDERS: ABB, AST Modular, Cummins, Legrand, Mitsubishi Electric, Schneider Electric, and Vertiv.
• DATA CENTER INVESTORS: Air Link Communications, Belize Network Information Centre, Blue NAP Americas, Brac Informatics Centre (BIC), Digicel, Epic.io, Telecom Italia Sparkle, KIO Networks, and Oxygen.

Major Vendors

IT INFRASTRUCTURE PROVIDERS
• Cisco Systems
• Dell Technologies
• Fujitsu
• Hewlett Packard Enterprise (HPE)
• IBM
• Lenovo

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DATA CENTER CONSTRUCTION CONTRACTORS & SUB-CONTRACTORS
• Civil Engineering Caribbean
• Dusron Bouwbedrijf
• Habibe & Maia Architects
• Informatics Engineering Services
• Pergravis

SUPPORT INFRASTRUCTURE PROVIDERS
• ABB

• AST Modular
• Cummins
• Legrand
• Mitsubishi Electric
• Schneider Electric
• Vertiv Group

DATA CENTER INVESTORS
• Air Link Communications
• Belize Network Information Centre
• Blue NAP Americas
• Brac Informatics Centre (BIC)
• Digicel Group
• Epic.io
• Oxygen

KEY QUESTIONS ANSWERED
1. HOW MUCH IS THE INVESTMENT IN THE CARIBBEAN DATA CENTER MARKET EXPECTED TO GROW?
2. HOW MANY DATA CENTERS HAVE BEEN IDENTIFIED IN THE CARIBBEAN REGION?
3. WHAT ARE THE DRIVING FACTORS FOR THE CARIBBEAN DATA CENTER MARKET?
4. WHO ARE KEY INVESTORS IN THE CARIBBEAN DATA CENTER MARKET IN 2022?
Read the full report: https://www.reportlinker.com/p06313594/?utm_source=GNW

About Reportlinker
ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need – instantly, in one place.

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Artificial Intelligence

Sinch Honored with Frost & Sullivan’s Enlightened Growth Leadership Award

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Recognized for Commitment to Making the World a Better Place Through Innovative Growth, Customer Value, and Sustainable Business Practices
STOCKHOLM, Oct. 7, 2024 /PRNewswire/ — Sinch (Sinch AB (publ) – (XSTO: SINCH), which is pioneering the way the world communicates through its Customer Communications Cloud, is pleased to announce that it has been awarded the Enlightened Growth Leadership Best Practices Recognition by the Frost & Sullivan Institute. This prestigious award celebrates Sinch as a Company of Action, for demonstrating best practices in its growth journey, while aligning with Frost and Sullivan’s “innovation to zero” initiative, which focuses on addressing global challenges through sustainable and responsible business practices.

In addition to its sustainability efforts, Sinch was recognized for its technology leadership, leveraging innovations like its cloud-based infrastructure for scalability and cost efficiency, and its API-first approach for rapid integration and customization. AI capabilities are embedded across Sinch’s entire portfolio, enhancing customer experience and operational efficiency, further solidifying its position as a leader in communication technology. The award acknowledges companies that drive significant economic impact and drive transformation, with Sinch advancing toward a future where environmental responsibility and business success are seamlessly aligned.
Sinch was specifically recognized for its dedication to the Science Based Targets initiative aimed at meeting the Paris Agreement’s 1.5°C goal. The company proactively assesses the environmental impact of its products and emphasizes responsible business practices that minimize waste and pollution.
“We are honored to be recognized for our commitment to sustainable growth, innovation, and our dedication to our employees, partners and customers,” shared Jonathan Bean, Chief Marketing Officer at Sinch. “This award reflects our focus on enhancing the customer experience by fostering a culture of responsibility, excellence, and forward-thinking. It also serves as a reminder of our ongoing commitment to reducing our environmental impact, fostering inclusive workplaces, and upholding the highest standards of ethical business practices with our customers and partners,” added Bean.
Sinch believes in the power of communication as a force for good and recognizes its responsibility to lead by example, especially as it powers billions of engagements each year. The company’s Environmental, Social, and Governance (ESG) initiatives are closely aligned with its core values, ensuring that its innovations and strategies not only connect people but also contribute to a sustainable and equitable future.
For further information, please contact:  Janet Lennon, Director of Global Communications [email protected]
This information was brought to you by Cision http://news.cision.com
 

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LG Innotek Becomes Industry’s First to Use AI to Prevent Input of Defective Raw Materials in Production

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Achieved early detection of cause of defects in raw materials through AI, becoming “first to overcome this challenge in the industry”Applied to high-value semiconductor substrates, analyzing raw material defects in only one minuteReduces defect analysis time by up to 90%SEOUL, South Korea, Oct. 7, 2024 /PRNewswire/ — Today, LG Innotek (CEO Moon Hyuksoo) announced the development and application of the industry’s first “Artificial Intelligence (AI)-based inspection system for incoming raw materials”, designed to detect defects at the point of receipt and prevent the use of substandard raw materials in the process.

LG Innotek applied its AI-based inspection technology, developed by combining material information and AI image processing technologies, to the RF-SiP (Radio Frequency System-in-Package) process. Recently, the technology was also introduced for the FC-BGA (Flip Chip Ball Grid Array), and is expected to further enhance the competitiveness and quality of LG Innotek’s high-value semiconductor substrate products.
Previously, incoming raw materials underwent only a visual inspection before entering the production process. However, the continued advancement of semiconductor substrate technology changed this. Even after improving all in-process defect causes, failures in reliability evaluations continued to rise. This led the quality of incoming materials to gain attention as a decisive factor affecting reliability evaluations. 
The core raw materials (i.e. Prepreg (PPG), Ajinomoto Build-up Film (ABF), and Copper-Clad Laminate (CCL)) that comprise semiconductor substrates arrive as a mixture of glass fibers, inorganic compounds, and other components. In the past, air voids (gaps between particles) or foreign particles generated during the material mixing process did not significantly impact product performance. However, as substrate specifications, such as circuit spacing, have become increasingly stringent, the presence of air voids and foreign particles, depending on their size, has started to cause defects.
As a result, it is virtually impossible to identify which part of the raw material is responsible for the defect using traditional visual inspection methods, which has become a significant challenge for the industry.
If we were to compare one lot of raw materials mixture (unit of raw materials with the same characteristics that goes into the production process) to a batch of cookie dough, it is impossible for the eye to perceive the concentration of salt or sugar in a certain portion, the number of air holes in the dough, or the number of foreign particles.
LG Innotek has found a way to overcome this industry challenge with AI. Its “AI-based Inspection System for Incoming Raw Materials” has been trained with tens of thousands of pieces of data on the composition of materials that are either suitable or unsuitable for a product. Based on this, it analyzes the components and defective areas of semiconductor substrate raw materials in only one minute, with an accuracy rate of over 90%, and visualizes quality deviations in each lot of raw materials.
By using AI machine learning to visualize, quantify, and standardize material configurations optimized for quality, LG Innotek has been able to prevent defective raw materials from entering the production process. The company can change the material design based on the quality deviation information visualized by the AI system, allowing it to ensure that the quality of the raw materials lot is uniform at a suitable level before entering the process.
An LG Innotek official commented, “With the “AI-based Inspection System for Incoming Raw Materials”, the time required to analyze defects has been decreased by up to 90%, and the cost of resolving the causes of defects has been significantly reduced.”
LG Innotek plans to enhance the AI system’s detection capabilities by sharing raw materials-related data with customers and suppliers in the substrate sector through digital partnerships.
Additionally, the company aims to expand the system’s application to optical solutions, such as camera modules, where the image-based detection of material defects can play a crucial role.
LG Innotek CTO S.David Roh said, “With the “AI-based inspection system”, we will complete LG Innotek’s unique AI ecosystem, which delivers exceptional customer value by identifying causes of product defects early in the production process.” He added, “We will continue innovating in digital production technology to create top-quality products at the lowest cost and in the shortest time.”
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CogX Unveils Innovative Knowledge Networking Platform, Proxxi AI, at the CogX Leadership Summit

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New platform uses pioneering “Expert-in-the-Loop” model that matches questions from users with the best specialists to answer them – all assisted by state-of-the-art AI
LONDON, Oct. 7, 2024 /PRNewswire/ — CogX Group Ltd, the tech community and online platforms group, which brings together the sector’s leaders and innovators from across the world, will showcase today its new knowledge networking platform, Proxxi AI, an “expert-in-the-loop” model that connects users and specialists to provide bespoke answers to their questions, assisted by state-of-the art AI.

Proxxi AI will be unveiled later at CogX’s London Leadership Summit at the historic Royal Albert Hall. Proxxi AI understands user questions, identifies the best available experts, assists them with answers based on their own trained “proxxi”, and features a broad range of subjects to deliver the best of AI, but with human oversight.
The live stream of the Summit will be available on YouTube from 10 am here.
Proxxi AI aims to play a leading role within a global knowledge management marketplace projected to grow beyond $1 trillion by 2026 (MarketsandMarkets), with organisations seeking faster, reliable, and lower-cost ways to access expertise and stay ahead of the curve.
Employing the latest large language models (LLMs), Proxxi AI will continuously learn and improve each expert’s proxxi and ranking. The platform will initially be accessed via Slack, Teams, and the CogX Insights app. Shortly after it will be available via API for web and mobile app developers. It supports a broad range of use cases for startups and enterprises, governments, universities and research institutions.
CogX will be demonstrating Proxxi AI at today’s Leadership Summit throughout the day.
Also announced today is the organisation of CogX’s businesses — CogX Ltd (UK Events and the CogX Insights app) and Proxxi AI (Knowledge Network)— under CogX Group Ltd  enabling the community to connect both in-person at our events, and through its two online platforms.
Charlie Muirhead, Founder and CEO of CogX, said:
“CogX’s mission is to convene our community to address the question: How do we get the next 10 years right?  To do so, we need to connect the right people to the right expertise, just when they need it.
So we’re hugely excited to be sharing Proxxi AI today at the Leadership Summit, which will instantly connect people to subject specialists through Slack and Teams our own CogX Insights app, and shortly after via our API for web and mobile app developers.
By blending AI-driven insights with trusted expert oversight, we will empower organisations, large and small, to better navigate the rapid technological changes taking place and enhance their overall performance.”
Notes to editors
About CogX
Co-founded by Charlie Muirhead in 2017, CogX is a tech community and online platforms business that convenes inspirational events featuring leading voices from a huge range of sectors. The community brings together entrepreneurs, business leaders, academics, investors and policy makers both in-person, and online.
More about CogX Leadership Summit London
Taking place at the Royal Albert Hall – the historic venue that hosted the 1851 Great Exhibition, a showcase of the 1st Industrial Revolution – the CogX Summit will focus on the 4th Industrial Revolution, an era of technological convergence that will change the way we live and work.
The Summit is being held on Monday 7th October 2024, and will bring together over 100 world-class speakers, and host over 20 editorially curated salons and mixers to answer the central question: “How do we seize the AI opportunity?
Leaders from Google, OpenAI, Microsoft, NVIDIA, Meta, Hugging Face, Northern Data, Stanford University, and companies at the forefront of generative AI will join over 2,500 delegates to discuss how to apply AI safely and responsibly today and improve productivity and drive business growth.
The live stream of the Summit is available on YouTube from 10am here. (https://shorturl.at/lj3HP).
 
 

View original content:https://www.prnewswire.co.uk/news-releases/cogx-unveils-innovative-knowledge-networking-platform-proxxi-ai-at-the-cogx-leadership-summit-302268326.html

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