Artificial Intelligence
New to The Street TV Announces Five Business Interviews, Episode #409, Airing on the Fox Business Network, Tonight, Monday, November 21, 2022, at 10:00 PM PT
NEW YORK, Nov. 21, 2022 (GLOBE NEWSWIRE) — FMW Media’s New to The Street TV announces the 409th episode lineup of its nationally syndicated show, broadcasting tonight, Monday, November 21, 2022, at 10:00 PM PT on Fox Business Network.
New to The Street airs tonight its business interviews with the following five (5) Companies:
1). Ecology Solutions – The Sustainable Green Team (OTC: SGTM) ($SGTM) and VRM BioLogik Group, a Corporate documentary.
2). Social Media Protocol Ecosystem – Myriad Social (CRYPTO: MYRIA) ($MYRIA) interview with Pandu Sastrowardoyo, Ideator/Founder.
3). Green Energy Solutions – Bitech Technologies Corporation’s (OTCQB: BTTC) ($BTCC) (“Bitech”) interview with Benjamin Tran, CEO.
4). “Sekur Privacy & Sekur Security Segment” interview with internet privacy expert Mr. Alain Ghiai, CEO, Sekur Private Data Ltd. (OTCQX: SWISF) (CSE: SKUR) (FRA: GDT0) (Sekur®).
5). “Green” Cryptocurrency – GroveToken’s (CRYPTO: GVR) ($GVR) interview with John Ghemrawi, CEO.
Tonight’s New to The Street show airs the Corporate documentary on the business relationship between The Sustainable Green Team (OTC: SGTM) ($SGTM) and Australian Company VRM BioLogik Group. Kellie Walters, CEO of the VRM BioLogik Group, explains their Company’s mission in restoring topsoil’s water content and nutrition for 25% of the globe’s arable lands. The Founder/President of VRM BioLogik Group dedicated over 30 years to developing and deploying the HumiSoil product to improve all soil types and increase worldwide agricultural yields. In 2020, the team at VRM BioLogik met with The Sustainable Green Team, a US-based Company that creates eco-friendly, sustainable solutions from agricultural tree waste. With an established 30+ year market presence in the US, The Sustainable Green Team’s CEO, Tony Raynor, and his wife, Tami Raynor, entered into collaboration with VRM BioLogik. The Sustainable Green Team will utilize VRM BioLogik Group’s hydrosynthesis technology in the US to create the HumiSoil product for sales and distribution in the North American marketplace. With Earth’s population of about eight billion people, farmable land is becoming scarce, and with both entities working in tandem, they can expand the revolutionary HumiSoil’s agricultural reaches. Taking green wastes and food byproducts and converting them using VRM’s hydrosynthesis technology, “Growing Water,” for the masses can create sustainable solutions for food production. The documentary gives views on the ecological visions of both entities and shows the practical solutions now available. Websites: VRM BioLogik Group – https://www.vrm.science/ and The Sustainable Green Team – https://www.thesustainablegreenteam.com/. The segment first aired on October 31, 2022.
Tonight from the Nasdaq MarketSite studio, New to The Street welcomes Pandu Sastrowardoyo, the Ideator and Founder of Myriad Social (CRYPTO: MYRIA) ($MYRIA), who sits down for her interview with TV host Jane King. As a “Free Speech” social media platform operating through a federation of interdependent social networks, Myriad Social focuses on eliminating centralized bias. Pandu, a highly educated professional, tells viewers how Myriad Social works and how anyone can join the platform. With many unique features, end-users can migrate their other social media platforms, placing them in a single location. Additionally, Myriad Social allows account holders to determine their rules and manage who participates in posted conversations. Viewers interested can log on to the site, www.myriad.social or app.myriad.social to get started. You can choose topics of interest through the federations’ pods and subscribe accordingly. Pandu talks about the recent issues with Twitter and believes that centralized platforms have numerous limitations that inhibit “Free Speech” and minimize users’ experiences. As a protocol blockchain social media platform that focuses on an individual’s right to “Free Speech,” Myriad Social offers its end-users a communication tool with no AI (artificial intelligence) interferences, unlike any other social media site. In essence, you claim ownership of your web social media content and turn it into Web 3.0 blockchain data you own and control. Myriad’s ecosystem lets end-users mint their data as an NFT and use the $MYRIA tokens as they wish. The on-screen QR code is available during the show; download or visit Myriad Social – http://www.myriad.social/ and https://app.myriad.social/.
New to The Street tonight airs its Nasdaq MarketSite studio interview with Benjamin Tran, Chief Executive Officer of Bitech Technologies Corporation (OTCQB: BTTC) ($BTCC) (“Bitech”). Sitting down with TV Host Jane King, Benjamin describes the Company as a global technology solution provider dedicated to a suite of green energy solutions. With a business focusing on cryptocurrency mining, data centers, and other renewable energy initiatives, Benjamin outlines the Company’s plan for growth. Intellectual property (IP) holdings and key acquisitions are two essential aspects of the Company’s business model to grow and ensure revenue. The Company is aggressively seeking quality merger and acquisition targets with the same corporate vision and own disruptive technology that would be accretive to the Company’s operations. Using low-cost Bitcoin mining equipment and Bitech’s green energy solutions, mining bitcoin is a sustainable business operation with a low carbon footprint. Benjamin believes that in the next 5-years Bitcoin price could be much higher than at present. The “Green” Data Center business is an exciting business sector that Bitech is looking at more closely; only a small percentage of data centers globally are operational as “Green.” The upside potential is high, and Bitech is looking at those potential opportunities. Another opportunity is the residential energy market, developing solutions for homeowners that evokes a Bitech green solution- green power for homes. Bitech and its management team are working diligently to expand its business of bringing green energy solutions to the world. The on-screen QR code is available during the show; download or visit Bitech Technologies Corporation – https://www.bitech.tech/.
New to The Street airs on tonight’s show, the Sekur Privacy & Sekur Security Segment, with Alain Ghiai, internationally acclaimed internet privacy expert and CEO of Sekur Private Data Ltd. (OTCQX: SWISF) (CSE: SKUR) (FRA: GDT0). TV Host and Multi-media Journalist Ana Berry starts a conversation about the numerous cybersecurity product ads in the market. She asked Alain what makes “SEKUR” different from the competitor products. Alain states that these cybersecurity products are generally off-the-shelf Cloud base applications with limitations and hosted on a Big Tech platform’s server. Through the Company’s proprietary HeliX technology, a military-grade encrypted platform, all Sekur product subscribers know they have private and secure electronic texts and emails. The Company’s SekurMail/SekurMessenger products available to businesses and consumers are reasonably priced and offer end-users a variety of features that enhance privacy and security. SekurSuite, a business enterprise product for about $50 a month, offers password protection/management, domain migration, secure email account, and document archiving features. For $7.00 a month, get Sekur, and be protected. Use the PROMO CODE: SEKUR15 and get another 15% off. If you decide on a yearly package, you get two-month free, and after applying the code, the cost saving is about 33%. Sekur’s products are unique in several ways; the Company owns and operates its servers in Switzerland, never shares data, never asks for phone numbers, and has no third-party programs. The on-screen QR code is available during the show; download or visit Sekur Private Data, Ltd. – https://www.sekurprivatedata.com/ & http://www.Sekur.com. “What is your privacy worth?
On tonight’s New to the Street, John Ghemrawi, Chief Executive Officer of GroveToken (CRYPTO: GVR) ($GVR), talks with TV Host Jane King about his “Green” cryptocurrency Company. John explains the Company’s mission of creating a healthier and wealthier future for all using Grove’s green wallet design. The GroveWallet© is the first green wallet promoting the eco-friendly utilization of digital currency. Grove’s hybrid business model uses a virtual currency on a “Smart Contract” platform with real business assets and attributes. As a “Green” investment Company, the management team looks at renewable energy, solar energy, hydroponic farming, aeroponic projects, and organizations financially supporting environmental conservation efforts. Management has partnerships with the Country of Dubai’s Royal Family members who actively seek opportunities to create sustainable projects. A $10M solar farm will soon come online using the Grove Blockchain for its business activities and transactions. Grove’s focus is on transactions that grow ecological sustainability and opportunities which increase outputs while reducing input costs, consumptions, and environmental footprints. End-users can buy and sell using GroveTokens with minimal transaction costs and earn higher returns and rewards. In addition to looking for farming and green energy projects, John informs viewers about the Company’s other Web 3.0 interests in gaming, the metaverse, payment systems, and the Grove debit/credit cards. As a decentralized and secure “Green” token, GroveToken will allow billions of people to utilize blockchain technology environmentally consciously, building holders’ prosperity. John and his team see a strong future for his blockchain technology ecosystem. And John remains confident and excited about moving the Company’s headquarters to Dubai, with his quest to become the leader in the migration of sustainable and renewable tangible assets onto the GroveToken blockchain. The on-screen QR code is available during the show; download or visit GroveToken – https://www.grovetoken.com/. The segment is an updated version that originally aired on November 14, 2022.
About The Sustainable Green Team, Ltd. (OTC: SGTM) ($SGTM)
The Sustainable Green Team, Ltd. (OTC: SGTM) ($SGTM) is an emerging provider of environmentally beneficial solutions for preserving natural resources and the municipal waste and recycling industries. The Company is a wholesale manufacturer and supplier of wood-based mulch and lumber products, primarily in the Midwest, Southeast, and Ohio Valley regions. The Company also provides arbor care and storm recovery services to municipalities, corporations, and consumers, primarily in the southeastern United States. The Company plans to expand its operations through organic growth and strategic acquisitions that are both accretive to earnings and positioned for rapid growth from the resulting synergistic opportunities identified. The Company’s customers include governmental, residential, and commercial clients – https://www.thesustainablegreenteam.com/.
About VRM BioLogik Group:
Since 1987, VRM BioLogik has developed and implemented technological advances globally that catalyze natural reactions, aiding in soil restoration, resolving environmental emergencies, and cleaning through attaining and sustaining ecosystem balance. VRM’s agricultural product range works to enhance crop yield while restoring the nutrients in soils naturally. Its cleaner product range naturally removes residues from surfaces that harbor viruses and pathogens. The environmental management product range works to address and amend difficult environmental circumstances, including balancing wastewater, control of odor and organics digestion during emergency spills, and eliminating odors. VRM’s livestock product range is a probiotic approach to environmental management in intensive growing situations – https://www.vrm.science/.
About Myriad Social (CRYPTO: MYRIA) ($MYRIA):
Myriad Social (CRYPTO: MYRIA) ($MYRIA) is a Web 3.0 layer on top of a Web 2.0 social media platform. It is a decentralized social network that lets users follow content from conventional social medial sources and turns any mainstream social media account into a blockchain wallet. End-users on the ecosystem own and control the information and data hosted and monetized by the end-users – http://www.myriad.social/ and https://app.myriad.social/.
Bitech Technologies Corp. (OTCQB: BTTC) ($BTTC):
Bitech Technologies Corporation (OTCQB: BTTC) ($BTTC) (“Bitech”) is a technology solution provider dedicated to providing a suite of green energy solutions with a focus on cryptocurrency mining, data centers, commercial and residential utilities, electric vehicle infrastructure, and other renewable energy initiatives. Bitech seeks to offer its Evirontek Integrated Platform to resolve the exorbitantly high cost of electricity in cryptocurrency mining and related industries. Bitech innovates energy technologies through research and development, planned acquisitions of other associated technologies and plans to become an operator in the battery energy storage system solutions (BESS). Management seeks business partnerships with renewable energy providers for various applications. Bitech looks to engage with value-added resellers to facilitate and implement its scalable and modular energy system solutions – www.bitech.tech.
About Sekur Private Data Ltd. (OTCQX: SWISF) (CSE: SKUR) (FRA: GDT0):
Sekur Private Data, Ltd. (OTCQX: SWISF) (CSE: SKUR) (FRA: GDT0) is a cybersecurity and internet privacy provider of Swiss-hosted solutions for secure communications and secure data management. The Company distributes encrypted emails, secure messengers, secure communication tools, secure cloud-based storage, disaster recovery, document management, encrypted e-mails, and secure communication tools. The Company sells and serves consumers, businesses, and governments worldwide through approved wholesalers, distributors, and telecommunications companies. Contact Sekur Private Data, Ltd. at [email protected] or visit https://www.sekurprivatedata.com and https://www.sekur.com.
About GroveToken (CRYPTO: GVR) ($GVR):
GroveToken (CRYPTO: GVR) ($GVR) is a decentralized and secure green Token built for the future of our planet. The mission is to create wealth, for all Grovers, by harnessing the opportunities of a secure, decentralized digital currency in an environmentally conscious way. Grove will create a healthier, wealthier future for all by compensating nature for years of abuse. GroveToken combines a Dubai-based business with a cryptocurrency company built on the Binance Smart Chain (BSC) – https://www.grovetoken.com/.
About New to The Street:
New to the Street is an FMW Media production that operates one of the longest-running US and International sponsored and syndicated Nielsen Rated programming television brands, “New to The Street,” and its blockchain show, “Exploring The Block.” Since 2009, these brands have run biographical interview segment shows across major U.S. television networks. The paid-for-television programming platforms can potentially reach over 540 million homes in the US and international markets. FMW’s New to The Street / Newsmax televised broadcasting platform airs its syndication on Sundays at 10 -11 AM ET. FMW is also one of the nation’s largest buyers of linear television, long and short-form paid programming – https://www.newsmaxtv.com/Shows/New-to-the-Street & https://www.newtothestreet.com/.
Forward-Looking Statements Disclaimer:
This press release contains forward-looking statements within Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934. In some cases, you can identify forward-looking statements by the following words: “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “ongoing,” “plan,” “potential,” “predict,” “project,” “should,” “will,” “would,” or the negative of these terms or other comparable terminology. However, not all forward-looking statements contain these words. Forward-looking statements are not a guarantee of future performance or results and will not necessarily be accurate indications of the times at which such performance or results are achieved. This press release should be considered in all filings of the Companies contained in the Edgar Archives of the Securities and Exchange Commission at www.sec.gov.
CONTACT:
FMW Media Contacts:
Bryan Johnson
+1 (631) 766-7462
[email protected]
“New to The Street” Business Development Office.
1-516-696-5900
[email protected]
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/c170353d-2aae-47b9-a7cb-ae603afc9f8d
XTEND and its XOS operating system are unlocking the potential of robots and drones by empowering them with AI and partnering them with humans – providing them with the ‘common sense’ to navigate the unpredictable nature of real-world situations
TEL AVIV, Israel, May 10, 2024 /PRNewswire/ — XTEND, the developer of XOS, an AI-driven operating system that is revolutionizing the way humans interact with drones and robots, today announced its $40M Series B round, led by Chartered Group, with further participation from its existing and new strategic investors, including Clal-Tech. The new funding will further develop XTEND’s proprietary XOS operating system and its application in various time-consuming, dangerous enterprise and security scenarios worldwide. XTEND will also ramp up global sales of its own drones and robotics products.
XTEND provides a revolutionary human-supervised, AI-driven drone and robot operating system that enables operators to perform highly complex and dynamic missions in any environment with minimal training. When drones and robots are controlled by XTEND’s patented XOS operating system – which fuses the best of human intelligence and machine autonomy – it provides a new way for logistics, public safety, inspection, defense, and security professionals to interact with machines effectively from a safe distance.
XTEND’s team believes that as the use of drones and robots become more prevalent, professional human oversight remains crucial, and therefore developing a seamless collaboration between humans and AI, where each play to their strengths for optimal results, is vital. Aviv Shapira, co-founder, and CEO, explains: “Robots and drones promise to transform everything from factories to our homes. However, a significant hurdle remains – equipping them with the common-sense abilities to deal with the unpredictable nature of real-world situations, understand their surroundings, and make decisions based on that information. XOS uses AI to enable robots to learn from data and experience. Training them to identify objects, navigate complex environments, and interact with humans safely. We are unlocking the true potential of robotics in complex scenarios, including first response, search and rescue, logistics, critical infrastructure inspection, defense, and security.”
“Our XOS operating system is based on “Practical Human Supervised Autonomy” which empowers drones and robots to handle specific tasks autonomously – entering buildings, scanning floors, or even pursuing suspects. However, crucially, it allows the “common sense” decisions – like judging situations or adapting to unforeseen circumstances – to remain in the hands of human supervisors. This human-machine teaming allows our robots to work alongside supervisors, who can manage dozens of robots simultaneously, and learn from that experience. That is why we believe that XOS will become the operating system of choice for anyone looking to maximize their robotic systems’ potential while decreasing the risks posed to their teams’ lives or concerns around lack of human oversight.”
Hundreds of XTEND’s drone and robotics systems are already operationally deployed worldwide, and the company is continuously developing its XOS operating system and those platforms to deliver the future of human-machine teaming. XOS is hardware agnostic, which allows it to control all sorts of platforms, including third party devices, complement existing technology, or create entirely new systems from scratch. XOS’s open architecture means that it can host applications developed by other companies, too.
Matteo Shapira, co-founder, and CXO, adds: “Unlike self-driving cars, which operate in a world with mostly known rules and scenarios, XTEND specializes in enabling operations in “hypervariable” environments. Take a last-mile delivery robot. It can navigate autonomously indoors and outdoors but might need human help finding an office building entrance or understanding floor layouts to reach the elevator or stairway. These environments present limitless situations with the potential for the unexpected, requiring human-level decision-making skills specific to each profession. XTEND’s core technology, XOS, is built around this human-machine partnership. We are continually adding new “AI SKILLS” to our system, and those skills will allow robots to handle a growing portion of missions and tasks, freeing up human supervisors to manage more missions simultaneously, at scale.”
Eyal Agmoni, Founder and Chairman of Chartered Group, said: “We believe that the companies bringing the value of AI to massive and complex industries, such as robotics and drone operations, will be the tech giants of the 21st century. Having observed XTEND’s remarkable achievements thus far, we truly believe in the company’s potential to become the world leader in robotics and drone operations, and AI.”
XOS has been developed for multiple markets, including logistics, public safety, inspection, and security. The U.S. Department of Defense Special Forces and Israel’s Ministry of Defense tier-1 units have also chosen XTEND for multiple multi-million-dollar programs to develop and deliver its systems for operational evaluation, so the company’s technology is already being used by some of the best in the business.
About XTENDXTEND provides revolutionary human-guided autonomous machine systems that enable any operator to perform extremely accurate manoeuvres and actions, in any environment with minimal training. The company’s patented XOS operating system fuses the best of human intelligence and machine autonomy to enhance the operator’s abilities, and simultaneously reduce the need for physical confrontation, thereby minimizing casualties and injuries. Hundreds of XTEND’s systems are already operationally deployed worldwide, and the company is continuously developing its XOS operating system and platforms to deliver the future of human-machine teaming to defense, HLS, and security professionals worldwide. Find out more here.
https://vimeo.com/802995851/2554c5485a – this footage shows XTEND’s team using drones and our XOS operating system to help with the recent rescue effort in Turkey. XOS enabled these drones to be operated in unsafe, confined, hard to reach spaces. Utilising additional cutting-edge technology, including robotic arms and thermal cameras, to enhance each drone’s rescue capacity. While this mission was carried out by XTEND’s own team, XOS enables anyone to easily connect and interact within remote environments using drones and other smart machines, without the need for prior knowledge or training.
About Chartered GroupChartered Group is an innovative global private equity firm providing extraordinary global investment funds and opportunities for a greener and more digitalized world across several disciplinaries with its VC of Disruptive Technologies as its cutting edge. Chartered is all about exposing accredited and institutional investors to the most extraordinary global investments and opportunities. As a global private equity firm, Chartered cut through the investment noise to deliver a variety of savvy financial products and services that not only support a greener and more digitalized world but also leverage robust financial returns, one tailored strategy at a time. To learn more please visit www.charteredgroup.com.
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Artificial Intelligence
Precisely Continues to Expand Reach and Capabilities for Data Enrichment and Geo Addressing
New global Address Fabric™ and Property Attributes offerings help customers access unparalleled location-based insights, supercharged by the PreciselyID
BURLINGTON, Mass., May 9, 2024 /PRNewswire/ — Precisely, the global leader in data integrity, today announced further expansions in the global coverage and capabilities of its data enrichment and geo addressing portfolio. New additions to the Address Fabric and Property Attributes products underscore the company’s continued commitment to helping customers easily unlock greater location-based context from their data, enabled by its unique and persistent identifier, the PreciselyID.
Virtually every business worldwide captures and stores address information, with the average large business in the United States now estimated to store over 100 million unique addresses. However, navigating the inherent data integrity challenges is notoriously difficult, as it involves new buildings, changing street names, different country formats, and more.
Expanded Address Fabric Reach
Precisely customers can now access the Address Fabric dataset for Great Britain, France, and New Zealand – providing the most current and comprehensive lists of all known physical addresses across these countries. The new datasets expand Precisely’s existing coverage for the United States, Canada, and Australia.
Address Fabric data is easy to use with any database and analytics environment without needing specific geospatial expertise or tools. Customers can analyze address locations for various applications, including identifying new serviceable addresses, discovering new customers through look-a-like analysis, or selecting a site for new stores or network expansion opportunities.
Comprehensive Property Attributes Information
Precisely also announced the expansion of its Property Attributes products for the United States with 26 new attributes now available via integration with Multiple Listing Service (MLS) data. The MLS database of property listings is used by real estate agents to share information about homes currently on the market, including whether a property is affiliated with a Homeowner’s Association or if it’s considered a rental property.
With the latest updates, Property Attributes products now include over 230 different property information attributes across virtually every county located in the United States, providing a highly comprehensive view of a property and its key characteristics, such as details on land use, square footage, construction materials, and year built.
Address Fabric and Property Attributes leverage best-in-class geo addressing solutions from Precisely to provide the most accurate location information possible. Because each record is appended with a unique PreciselyID that remains persistent even when address elements change, customers can unlock greater value by enriching their data with additional information such as points of interest data, risk factors, demographics data, and much more.
“Precisely continues to be at the forefront of data enrichment and geo addressing solutions, enabling customers where they are on their data journey and supporting them with access to consistent location-based insights across their countries of operation,” said Dan Adams, Senior Vice President and General Manager for Data Enrichment at Precisely. “An essential element of data integrity, our unique PreciselyID makes address management and enrichment simple by eliminating time-consuming data preparation and augmenting insights with rich, relevant context.”
Precisely is renowned for its expertise in helping customers reveal maximum context from their data, with a comprehensive portfolio that includes over 400 datasets containing more than 9000 attributes. The company also recently joined the Overture Maps Foundation, founded by Amazon Web Services (AWS), Meta, Microsoft, and TomTom, providing guidance on location intelligence and data enrichment to help drive exciting new advancements in geospatial technology.
Learn more about the Precisely portfolio of data enrichment and geo addressing capabilities.
About PreciselyPrecisely is the global leader in data integrity, providing accuracy, consistency, and context in data for 12,000 customers in more than 100 countries, including 99 of the Fortune 100. Precisely’s data integration, data quality, data governance, location intelligence, and data enrichment products power better business decisions to create better outcomes. Learn more at www.precisely.com.
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View original content:https://www.prnewswire.co.uk/news-releases/precisely-continues-to-expand-reach-and-capabilities-for-data-enrichment-and-geo-addressing-302141781.html
Artificial Intelligence
The Australia Data Center Market Size Will Witness Investments of $7.71 Billion by 2029 – Get Insights on 135 Existing Data Centers and 23 Upcoming Facilities across Australia – Arizton
CHICAGO, May 9, 2024 /PRNewswire/ — According to Arizton’s latest research report, the Australia data center market is growing at a CAGR of 3.22% during 2023-2029.
To Know More, Click: https://www.arizton.com/market-reports/australia-data-center-market-investment-analysis
Australia Data Center Market Report Scope
Report Attributes
Details
Market Size (Investment)
USD 7.71 Billion (2029)
Market Size (Area)
1,460.0 thousand sq. Feet (2029)
Market Size (Power Capacity)
303.0 MW (2029)
CAGR Investment (2023-2029)
3.22 %
Colocation Market Size (Revenue)
USD 2.05 Billion (2029)
Historic Year
2020-2022
Base Year
2023
Forecast Year
2024-2029
The data center market in Australia has been witnessing significant growth in investments over the past few years. It is expected to grow at an absolute growth rate of around 20% between 2023-2029. Australia is among the top destinations for data center investments in the APAC region.
Sydney, Melbourne, and Perth are the primary data center hubs hosting most data centers in the country. Canberra, Brisbane, Darwin, and other cities are among the emerging locations in Australia with abundant land availability for data center development.
Investment Opportunities
In November 2023, OVHcloud announced the launch of its upcoming SYD3 Sydney data center facility, which is expected to be operational in 2024.In November of 2023, Rest Super invested about $656 million in a data center in Brisbane, which Quinbrook Infrastructure Partners are developing.In November 2023, NEXTDC announced the development of the D1 data center facility in Darwin; the facility is expected to go operational by Q2 2024.AirTrunk announced the expansion of its SYD2 data center campus in Sydney; once fully built, the facility will account for an additional power capacity of around 30 MW, making it an aggregate capacity of around 120 MW. This second phase is expected to be completed in 2024. AirTrunk’s upcoming SYD3 Sydney facility calls for an aggregate investment of about $670 million.In an August 2023 news article, Macquarie Data Centres revealed its plan to expand its upcoming IC3 Super West facility in Sydney regarding power capacity. As per January 2024 news article, Macquarie Data Centres has received approval to build/grow the IC3 Super West, its third facility in Sydney.In August 2023, STACK Infrastructure announced the MEL01 A data center launch in Melbourne, located at 399 Palmers Road. The entire campus will have a power capacity of around 72 MW, divided equally between buildings A and B. As of early 2024, Building B is still a work in progress. Furthermore, the company plans new facilities in Canberra, Hume, and Perth.Rising Procurement of Renewable Energy in Australia Boosting the Market Opportunities
In 2022, according to IRENA, solar energy accounted for around 61% of Australia’s overall renewable energy capacity, followed by wind, hydro, and bioenergy (in decreasing order), from which renewable power is extracted for all the sustainable energy needs of the country. Australia aims to achieve its target of zero carbon emissions by 2050. The country announced plans to reach almost 43% less emission than in 2005.
According to the Australia National Electricity Market (NEM), the renewable energy share in the country is expected to reach around 41% by 2030. By 2025, Australia aims to achieve 100% instantaneous renewable energy for its main grid, starting with a half-hour period and gradually increasing to cover hours and days. This transition will be facilitated by an increase in wind, solar, and energy storage solutions to meet the country’s new target of 82% renewables by 2030. The retirement of coal-based power generation facilities in the coming years will contribute to this goal.
Microsoft in Australia Recent Development During 2022-2024:
In October 2023, Microsoft, a hyperscale tech giant, decided to expand its footprint in Australia by investing over $3 billion to increase and expand its computing capacity in the country by over 250% in the next two years. It is expected to go live by late 2025.In July 2023, Microsoft announced the completion of the construction of Building 1 of the Station Road data center; Building 2 is still a work in progress. This is expected to be completed by late 2024.Why Should You Buy This Research?
Market size is available in terms of investment, area, power capacity, and Australia colocation market revenue.An assessment of the data center investment in Australia by colocation, hyperscale, and enterprise operators.Investments in the area (square feet) and power capacity (MW) across cities in the country.A detailed study of the existing Australia data center market landscape, an in-depth market analysis, and insightful predictions about market size during the forecast period.Snapshot of existing and upcoming third-party data center facilities in AustraliaFacilities Covered (Existing): 135Facilities Identified (Upcoming): 23Coverage: 20 LocationsExisting vs. Upcoming (Area)Existing vs. Upcoming (IT Load Capacity)Data Center Colocation Market in the AustraliaColocation Market Revenue & Forecast (2023-2029)Retail Colocation Revenue (2023-2029)Retail Colocation PricingThe Australia data center 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 market.A transparent research methodology and the analysis of the demand and supply aspects of the market.Market Segmentation
IT InfrastructureServersStorage SystemsNetwork InfrastructureElectrical InfrastructureUPS SystemsGeneratorsSwitches & SwitchgearsPDUsOther Electrical InfrastructureMechanical InfrastructureCooling SystemsRack CabinetsOther Mechanical InfrastructureCooling SystemsCRAC and CRAHChillersCooling Towers, Condensers and Dry CoolersEconomizers and Evaporative CoolersOther Cooling UnitsGeneral ConstructionCore & Shell DevelopmentInstallation & commissioning ServicesBuilding & Engineering DesignFire Detection & Suppression SystemsPhysical SecurityData Center Infrastructure Management (DCIM)Tier StandardTier I & Tier IITier IIITier IVGeographySydneyMelbournePerthOther CitiesVendor Landscape
IT Infrastructure Providers: Arista Networks, Atos, Broadcom, Cisco Systems, Dell Technologies, Extreme Networks, Hewlett Packard Enterprise, Hitachi Vintara, IBM, Juniper Networks, Lenovo, Oracle, Pure Storage, Quanta Cloud Technology, and Super Micro Computer.Data Center Construction Contractors & Sub-Contractors: AECOM, A W Edwards, Aurecon, Benmax, BGIS, Dem, FDC Construction & Fitout, FKG Group, Greenbox Architecture, HDR (Hurley Palmer Flatt), Hutchinson Builders, Icon, ISG, John Holland, Kapitol Group, Linesight, Manteena Group, Nilsen, Paramount Airconditioning, Parratech, SCEE Group, Stowe Australia, & Taylor Group Construction.Support Infrastructure Providers: ABB, Airedale, Alfa Laval, Canovate, Caterpillar, Condair, Cummins, Delta Electronics, Eaton, Everett Smith & Co, Green Revolution Cooling, HITEC Power Protection, Kohler, Legrand, Mitsubishi Electric, Piller Power Systems, Rittal, Rolls Royce, Schneider Electric, STULZ, Thycon, & Vertiv.Data Center Investors: 5G Networks, AirTrunk, Amazon Web Services, CDC Data Centres, DC Two, DCI Data Centers, Digital Realty, Equinix, Edge Centres, Fujitsu, Global Switch, Leading Edge Data Centres, Keppel Data Centres, Macquarie Data Centres, Microsoft, NEXTDC, & STACK Infrastructure.New Entrants: GreenSquareDC, Stockland, Supernode, Trifalga, & Vantage Data Centers.Key Questions Answered in the Report:
Q: How big is the Australia data center market?
Q: How much MW of power capacity will be added across Australia from 2024 to 2029?
Q: What is the growth rate of the Australia data center market?
Q: What factors are driving the Australia data center market?
Q: Which cities are included in the Australia data center market report?
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