Artificial Intelligence
Philippines Data Center Market is expected to generate USD ~ 600 Mn by 2027F owning to Server virtualization, Investments in Tier 1 cities and Rapid Digitalization: Ken Research
Philippines Data Center Market is at growing stage and has moderately concentrated market. There are approximately 10 players in market with ePLDT having strong base in terms of both white space area and total number of racks. Players are competing on the basis of number of data centers, data center capacity, uptime SLA, data security, client base, network and connectivity.
- The emergence of 5G and 6G technology in the Philippines is likely to grow the adoption of IOT-enabled products in the market.
- Telecom and IT department are anticipated to acquire more data centers as these provide reliable and fast communications to customers and stay ahead of technology advancements.
- The rising demand for decreased latency in data transfers and improved connectivity amid the increasing adoption of smart devices is likely to boost the demand for retail colocation data centers.
5G and 6G technology: The 5G and 6G technology will push the adoption of IoT-enabled products in the Philippines market. The market for big data and IOT is still in the nascent stage of growth. However, it has huge potential to be the strongest driver for Cloud Services Data Centre investments in the Philippines market.
Emergence of new business models: New Business models are likely to emerge including colocation services, pay-per-use utility model, built to suit, etc. Location and design, easy scalability, security, infrastructure, sustainable practices and reliable partner are the key determinants for Cloud Services and Data Centre demand.
Increasing Demand from End-Users: Telecom and IT department are anticipated to acquire more data centers as these provide reliable and fast communications to customers and stay ahead of technology advancements. Hence, they will require more data centers in near future. Also, Digital and instant payments and the demand for domestic data storages will drive the BFSI share.
Government’s push to digitize processes and emergence of green data centers: Executive Order (EO) 170 mandates the use of digital payment systems by government agencies. This will be critical in streamlining administration and attracting more foreign investment to the Philippines. In addition, firms looking for hubs with abundant renewable energy sources will find the Philippines appealing. The government’s National Renewable Energy Program (NREP), which aims to increase renewable energy’s share of total power generation to more than 35% by 2030 and 50% by 2040 is expected to entice data center operators concerned with sustainability.
Analysts at Ken Research in their latest publication “Philippines Data Center Market Outlook to 2027F- Driven by investment from the global players and the transition from colocation to hyperscale with high internet penetration“ observed that data center market in Philippines is at growing stage. The formulation of supportive government policies and increasing e-commerce, supportive cloud first policy along with government initiatives is expected to contribute to the market growth over the forecast period. The market is expected to grow at a 13.1% CAGR during 2022-2027F.
Key Segments Covered in the Report:-
Philippines Data Center Market
By Vertical
- Co-Location
- Managed
- Hyperscale
By Co-Location
- Retail
- Wholesale
By Type of End User
- Telecom and IT
- BFSI
- Government
- E-Commerce
- Healthcare
- Others
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By Major Cities
- Greater Metro Manila
- Luzon
- Visayas
- Other Regions
Key Target Audience:-
- Data Center Companies
- Cloud Providers (Domestic and Global)
- Managed Data Center Companies
- Co-Location Data Center Companies
- Private Equity and Venture Capitalist
- Industry Associations
- Data Center Constructors
- Technology Providers
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Time Period Captured in the Report:-
- Historical Period: 2018-2022
- Base Year: 2022
- Forecast Period: 2022-2027F
Companies Covered:-
- ePLDT
- PH Colo INC
- Globe Telecom
- Total Information Management
- Digital Edge
- Bee Infotech PH
- Converge ICT
- Space Dc
- Eastern Data Center
- Data one Asia
Key Topics Covered in the Report:-
- Market Overview and Genesis of Philippines Data Center Market
- Business Cycle, Ecosystem and Timeline of Philippines Data Center Market
- Market Size Analysis of Philippines Data Center Market, 2018-2022
- Philippines Data Center Market Segmentation
- Snapshot of Data Construction Companies in Philippines Data Center Market
- SWOT Analysis, Recent Trends and Growth Drivers of Philippines Data Center Market
- Competition Framework of Philippines Data Center Market
- Future Outlook of Philippines data Center Market
- Analyst Recommendation
For more insights on the market intelligence, refer to below link:-
Philippines Data Center Market
Related Reports By Ken Research:-
According to Ken Research estimates, the Kenya Data Center Market – which grew from approximately USD ~30.0 Mn in 2017 to approximately USD ~50.0 Mn in 2022 – is forecasted to grow further into USD ~130.0 Mn opportunity by 2027F, owing to the improvement in network connectivity, government support, and rapid growth in the adoption of big data, and IoT services. Africa Data Centers, is strongly expanding in Nairobi, Kenya by launching new data centers. Kenya has 46 internet users per 100 and the connectivity ecosystem is made up of 10 colocation data centers, and 19 cloud service providers.
According to Ken Research estimates, Hyperscale data center market in USA generated a revenue of USD ~ Billion in 2022, expanding at a CAGR of ~14% in between 2017 and 2022. The surging growth is attributed to the increasing usage of internet, popularity of smart homes, wearables, trend of automation across industries, etc. The growth of Big Data; data coming from a number of sources that needs to be stored, processed and analysed to make informed business decisions in each and every industry. The drive to lessen energy consumption will act as a catalyst for the increased demand of energy efficient hyper-scale data centers in coming years.
According to Ken Research estimates, the Germany hyperscale data center market – which grew at a CAGR of 21.7% in the period of 2017-2022P – is expected to grow at a CAGR of 8.9% in the forecasted period of 2022P-2027F, owing to Growing Volume of Big Data and Low costs to Enterprises. The 5G and 6G technology will push the adoption of IoT-enabled products in the Germany market. The market for big data and IoT is still in the nascent stage of growth. However, it has huge potential to be the strongest driver for Cloud Services Data Centre investments in the German market. New business models are likely to emerge including a pay-per-use utility model, built to suit, etc. Location and design, easy scalability, security, infrastructure, sustainable practices and reliable partner are the key determinants for Cloud Services and Hyperscale Data Centre demand.
South Africa Hyperscale Data Centers Market is Expected to grow at a CAGR in double digits between 2022 and 2027E, one of the major determinants for the surging growth in coming years is attributed to the favourable government rules & regulations, formulated to support domestic and foreign investments in data and cloud infrastructure. Increased awareness on environmental impacts and government’s aim to limit carbon footprints in upcoming years, will result in businesses adapting to a strategy to utilize least amount of energy. Teraco offering clients a global data center platform designed to enable digital businesses to scale within a highly connected data community across six Continents.
Artificial Intelligence
Clinical Trial Analytics Services Market Projected to Reach $11.95 billion by 2030 – Exclusive Report by 360iResearch
PUNE, India, April 30, 2024 /PRNewswire/ — The report titled “Clinical Trial Analytics Services Market by Services (Clinical Data Analytics, Clinical Trial Data Management, Clinical Trial Planning & Monitoring), Component (Data Management & Integrity Services, Data Visualization & Dashboarding, Patient Recruitment & Retention Analytics), Stages, End-User, Deployment – Global Forecast 2024-2030” is now available on 360iResearch.com’s offering, presents an analysis indicating that the market projected to grow from a size of $5.42 billion in 2023 to reach $11.95 billion by 2030, at a CAGR of 11.93% over the forecast period.
“Global Expansion and Technological Advancements in Analytics Services”
Clinical trial analytics services are revolutionizing the landscape of medical research and drug development across the globe by utilizing cutting-edge data analytics and statistical methodologies to offer invaluable insights from clinical trial data. These services enhance trial efficiency, streamline costs, and boost accuracy, enabling stakeholders to refine study protocols, improve patient recruitment measures, ensure participant safety, and conduct in-depth effectiveness studies. Such analytics are pivotal in supporting clinical development strategies, facilitating smoother regulatory approvals, and aiding in ongoing market surveillance and informed decision-making. Challenges such as data privacy concerns and the substantial investments required, the sector continues to grow, driven by an increasing focus on advancing drug discoveries and the sheer volume of clinical trials. The Americas lead the market with robust clinical trial activity, supported by Europe’s push for more transparent and unified trial regulations. Meanwhile, the Middle East is emerging as a key player with significant healthcare investments, and the Asia Pacific region is recognized for its cost advantages and substantial patient demographics, becoming an attractive locale for clinical research organizations (CROs) and pharmaceutical advancements. This global momentum towards personalized medicine and heightened technology integration signifies a promising future for clinical trial analytics services in enhancing the efficacy and outcomes of clinical trials worldwide.
Download Sample Report @ https://www.360iresearch.com/library/intelligence/clinical-trial-analytics-services
“Revolutionizing Clinical Trials through Analytics: A New Era in Drug Discovery”
The pharmaceutical market is witnessing a significant transformation, marked by an increased focus on developing treatments for a broader spectrum of diseases, including those once deemed untreatable. This shift has propelled the expansion of clinical trials, which are now more complex due to advanced technologies, the inclusion of varied patient demographics, and stringent regulatory standards. As a result, managing and analyzing the vast amounts of data from these clinical trials has become a daunting task. Enter clinical trial analytics services, a game-changing solution that streamlines the management of these trials. These services offer indispensable insights for making strategic decisions, facilitating patient recruitment, ensuring regulatory compliance, and evaluating market potential, ultimately speeding up the delivery of new therapies. With the pharmaceutical sector’s deep investment in the quest for innovative treatments, the pivotal role of clinical trial analytics services in enhancing efficiency and driving success in drug development is clearer than ever.
“Revolutionizing Drug Development: The Power of Clinical Data Analytics”
Clinical data analytics plays a pivotal role in transforming drug development by meticulously analyzing information gathered during clinical trials. This process is key to unlocking valuable insights that lead to better clinical decisions, enhanced trial efficiency, and faster path to market for new treatments. It effectively decodes patterns, forecasts results, and elevates patient care by watching over potential adverse impacts closely. The compilation of a wide variety of data, ranging from patient demographics, clinical outcomes, to biomarkers, underpins these analytics. Innovative technologies including machine learning and artificial intelligence are at the forefront of dissecting these complex data sets to offer understandable insights. The cornerstone of this endeavor is maintaining supreme data quality, ensuring the conclusions drawn are solid and dependable. Clinical trial data management plays an instrumental role, orchestrating the collection, integration, and validation of data throughout its lifecycle. This meticulous process involves designing data capturing systems, setting standards for data collection, and closely monitoring to uphold the integrity of data. Additionally, the blueprinting and vigilant monitoring of clinical trials are critical, demanding clear goals, precise sample sizes, and thorough oversight to guarantee trial integrity and participant safety. Engaging patients in the trial process further underscores the focus on patient-centered approaches, ensuring trials are not just about data but also about the individuals who make the research possible.
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“IQVIA Inc. at the Forefront of Clinical Trial Analytics Services Market with a Strong 10.57% Market Share”
The key players in the Clinical Trial Analytics Services Market include Laboratory Corporation of America Holdings, SGS S.A., QIAGEN N.V., ICON PLC, IQVIA Inc., and others. These prominent players focus on strategies such as expansions, acquisitions, joint ventures, and developing new products to strengthen their market positions.
“Introducing ThinkMi: Revolutionizing Market Intelligence with AI-Powered Insights for the Clinical Trial Analytics Services Market”
We proudly unveil ThinkMi, a cutting-edge AI product designed to transform how businesses interact with the Clinical Trial Analytics Services Market. ThinkMi stands out as your premier market intelligence partner, delivering unparalleled insights with the power of artificial intelligence. Whether deciphering market trends or offering actionable intelligence, ThinkMi is engineered to provide precise, relevant answers to your most critical business questions. This revolutionary tool is more than just an information source; it’s a strategic asset that empowers your decision-making with up-to-the-minute data, ensuring you stay ahead in the fiercely competitive Clinical Trial Analytics Services Market. Embrace the future of market analysis with ThinkMi, where informed decisions lead to remarkable growth.
Ask Question to ThinkMi @ https://app.360iresearch.com/library/intelligence/clinical-trial-analytics-services
“Dive into the Clinical Trial Analytics Services Market Landscape: Explore 184 Pages of Insights, 574 Tables, and 26 Figures”
PrefaceResearch MethodologyExecutive SummaryMarket OverviewMarket InsightsClinical Trial Analytics Services Market, by ServicesClinical Trial Analytics Services Market, by ComponentClinical Trial Analytics Services Market, by StagesClinical Trial Analytics Services Market, by End-UserClinical Trial Analytics Services Market, by DeploymentAmericas Clinical Trial Analytics Services MarketAsia-Pacific Clinical Trial Analytics Services MarketEurope, Middle East & Africa Clinical Trial Analytics Services MarketCompetitive LandscapeCompetitive PortfolioInquire Before Buying @ https://www.360iresearch.com/library/intelligence/clinical-trial-analytics-services
Related Reports:
Clinical Trial Support Services Market – Global Forecast 2024-2030In Silico Clinical Trials Market – Global Forecast 2024-2030Clinical Trial Supplies Market – Global Forecast 2024-2030About 360iResearch
Founded in 2017, 360iResearch is a market research and business consulting company headquartered in India, with clients and focus markets spanning the globe.
We are a dynamic, nimble company that believes in carving ambitious, purposeful goals and achieving them with the backing of our greatest asset — our people.
Quick on our feet, we have our ear to the ground when it comes to market intelligence and volatility. Our market intelligence is diligent, real-time and tailored to your needs, and arms you with all the insight that empowers strategic decision-making.
Our clientele encompasses about 80% of the Fortune Global 500, and leading consulting and research companies and academic institutions that rely on our expertise in compiling data in niche markets. Our meta-insights are intelligent, impactful and infinite, and translate into actionable data that support your quest for enhanced profitability, tapping into niche markets, and exploring new revenue opportunities.
Contact 360iResearchMr. Ketan Rohom360iResearch Private Limited,Office No. 519, Nyati Empress,Opposite Phoenix Market City,Vimannagar, Pune, Maharashtra,India – 411014.Email: [email protected]: +1-530-264-8485India: +91-922-607-7550
To learn more, visit 360iresearch.com or follow us on LinkedIn, Twitter, and Facebook.
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Artificial Intelligence
Synthetik Applied Technologies LLC announces development of UrbanScale – a modeling platform for the prediction, characterization, and quantification of extreme urban heat
AUSTIN, Texas and LONDON, April 30, 2024 /PRNewswire/ — Synthetik Applied Technologies announces the development of UrbanScale, a tool to model and predict effects of extreme heat in urban areas, through a project funded by the National Oceanic and Atmospheric Association (NOAA). The physical characteristics of urban areas amplify heat effects resulting in what are known as urban heat islands — areas where surface temperatures are much higher than their surroundings. The UrbanScale tool addresses this climate peril with sophisticated analytic tools based on physics informed neural networks and cutting-edge machine learning to predict urban heat and help better understand and mitigate the risks associated with these extreme heat events. As a result of climate change, these events are expected to increase, impacting both the people that live in urban areas and the infrastructure on which they depend.
The UrbanScale platform shows significant promise to provide data on the severity of heat islands and their effects to better understand how they impact human health, energy use and damage to physical infrastructure. This information will provide a step-change in capability for government agencies, urban planners, and transportation authorities to direct efforts for mitigation and intervention. In particular, inclusion of demographic information into data pipelines will allow understanding of how urban heat effects may impact vulnerable or disadvantaged populations. Integration with climate forecasts and models will also provide unprecedented capabilities for forecasting risk associated with climate change.
Josh Hatfield, Director of Research and Development at Synthetik, said:
‘We are extremely grateful for the opportunity to study such an important issue. Extreme heat is already the largest cause of weather-related fatalities in the US, and climate change will only increase the importance of understanding heat in urban environments. Helping to meet that challenge fits directly into Synthetik’s mission.’
Synthetik COO Tim Brewer commented:
‘The UrbanScale tool will allow both our government and insurance partners to better characterize the risk of extreme heat in urban centers and promises to deliver critical insight on the way these events impact energy demands. We look forward to exploring its wide-ranging applications.’
Synthetik plans further development of UrbanScale with NOAA and other partners in the public and private sector.
For all inquiries: Contact Synthetik Applied Technologies PR [email protected]
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Artificial Intelligence
GLiNTECH – a Valiantys company, wins Atlassian Partner of the Year 2023 Services (APAC) award. Valiantys and GLiNTECH declared Finalists for Team Excellence and ITSM Solutions
PARIS, April 30, 2024 /PRNewswire/ — Atlassian announced today that GLiNTECH – a Valiantys company has won the Atlassian Partner of the Year 2023 Services (APAC) award. Valiantys and GLiNTECH were further declared finalists for the Team Excellence and ITSM Solutions awards, respectively.
This is an acknowledgement of their outstanding work for Atlassian customers during the calendar year 2023. This includes exceptional efforts in developing new business and driving innovative solutions for customer success.
“Our industry leading partners play a vital role in our customers’ continued success. We’re honored to highlight our top partners as award finalists this year, reflecting their ongoing commitment to delivering innovative solutions and unparalleled Atlassian services globally,” said Ko Mistry, Atlassian’s Head of Global Channels.
“We are delighted to be named as finalists for these awards from Atlassian, and we are particularly proud to celebrate GLiNTECH’s achievement in winning the Services (APAC) award.” said Emmanuel Benoit, Global Chief Executive Officer, Valiantys. “At Valiantys, embracing diversity of thought and challenging the ways our teams work has always provided Valiantys with a competitive edge to consistently deliver tangible results and value. We look to the future with unwavering determination and confidence as we continue to drive innovation and unlock potential for our customers around the globe.”
“We dedicate our IT Consulting Services and Custom Solutions to fulfilling our customers’ needs for success,” commented Dimitri Spyridopoulos, Chief Executive Officer GLiNTECH – a Valiantys company. “It’s an honor to be recognized by Atlassian as a finalist in two categories that reflect these efforts: Services and ITSM Solutions, and to be declared as winner for the Services award (APAC).”
For more information regarding this Press Release, contact: [email protected]
About Valiantys
Valiantys is a leading global consulting and services firm dedicated to Atlassian. The company accelerates business transformation by digitizing processes and modernizing teamwork, using the best agile methods and tools. Its Atlassian technical expertise is unparalleled and Valiantys supports its customers across the entire spectrum of projects on those platforms. As a recognized Agile at Scale, ITSM, and Cloud Specialized Partner, Valiantys help organizations accelerate time to value with Agile at scale, cloud, and ITSM implementations. Because teamwork requires more than just tools, the firm bridges the gap between applications and strategic practices such as SAFe® and ITIL. Over the last 15 years, Valiantys has helped more than 5,000 customers achieve their desired business outcomes at a reduced time to value, through improved team collaboration. More information about Valiantys can be found at https://www.valiantys.com/
About GLiNTECH – a Valiantys Company
GLiNTECH is a renowned Atlassian Platinum Partner headquartered in Australia and is the preferred choice for over 300 leading brands. The company has amassed more than 20 years of experience servicing enterprise clients across the Asia Pacific region, earning Atlassian Partner of the Year five times, including most recently for Professional Services. GLiNTECH is recognized as a Specialized Atlassian Cloud and ITSM partner. The company offers deep expertise in Licensing, Training, Support, Managed Services, Consulting, and Agile methodologies and has a proven record in providing reliable solutions while driving success within the Atlassian ecosystem. More information about GLiNTECH can be found here: https://www.glintech.com/
GLiNTECH was acquired by Valiantys in February 2024.
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