DataCenterNews Asia logo
Specialist data center news for Asia
Partner content
Story image

The potential of secure data storage and analytics

By Contributor
Wed 17 Oct 2018
FYI, this story is more than a year old

Article by Digital Realty EMEA managing director Rob Coupland

Few would deny that the prosperity of our economy is driven in part by work coming out of our outstanding universities, such as Oxford or LSE.

But imagine if it was revealed that they were delivering less than two thirds of their potential for economic innovation and productivity. It would be a national scandal.

And yet, we face just such a shortfall in the value we get out of the data in our economy. At Digital Realty, we recently released the Data Economy report, suggesting that British business is extracting just 58 percent of the potential value of the data it holds.

If we exploited our data – often described as the “new oil of the economy” – to its fullest then we would add another £52 billion to UK GDP, which is about the same size of the total GDP of a country such as Sri Lanka. A prize worth fighting for.

So why are we not making the most of our data? It may be, in part, because people don’t really know where the value in data lies. In the wake of the misuse of Facebook data by Cambridge Analytica, people think of data in terms their personal information being sold for profit. But that is a very, very small part of the Data Economy.

Much more important is how data improves business intelligence and decision-making: how supermarkets know exactly what they are running short of, what is popular in one store but may not be needed in another one a few miles away – all this data improving the efficiency of the supply chain and logistics.

Or think of the agriculture sector – which the report shows has grown the value of its data more than any other over the past four years. Here data is enabling driverless tractors to plough fields or apply fertiliser more accurately than if they’d been driven by a human.  Costs are cut, waste reduced and efficiency improved.

And, indeed, data will be vital in ensuring the safe use of driverless cars. Other developments in Artificial Intelligence, which open up huge opportunities for the British economy, will be underpinned by vast amounts of data being processed.

There are other issues that are holding us back. Business – in particular small and medium-sized businesses – are not investing at a sufficient rate in systems that will allow them to make the most of the invaluable data they have. Those that have managed to do so operate at a significant competitive advantage.

There is also a greater need to invest in the infrastructure that allows for the most efficient distribution of data.

As we well know, superfast broadband and 4G are not universally available. The advent of 5G may change this over time. But this is also about how best to store your data. For bigger companies, making sure your data is being stored in the same centre as your main customers can give you small but vital improvements in speed, reliability and connectivity.

But perhaps the biggest issue to be addressed is the skills gap. Most businesses have real problems recruiting staff who have the ability to develop and maintain data analytical systems.

It was recently estimated that by 2020 the UK would be short of 150,000 skilled digital workers – and that was before the effects of Brexit were factored in. It is expected that the decision to leave the EU will seriously affect our ability to attract talent in the form of the mathematicians, statisticians and computer scientists who can build and develop the Data Economy.

Nowhere is this more important than in the City of London. According to the report, the financial services sector generates just over 15 per cent of the UK’s digital value – second only to the ICT sector itself. That value has grown by 22 per cent in the last four years; but the report suggests that it could grow at a rate of 55 per cent by 2025 if we can remove constraints on growth. That is a huge opportunity, particularly in a post-Brexit world.

The UK is leading the way in the FinTech revolution; the City leads the way in the provision of financial services. It would be a depressingly wasted opportunity if that competitive advantage was lost by not understanding the value of data, and by failing to exploit 100 per cent of its enormous and edge-giving value.

Digital Realty has provided free access to its Data Economy report that reveals the value of continuing to invest in data, from direct investment in the physical infrastructure of data centers and connections through the broader needs of a skilled workforce.

Related stories
Top stories
Story image
Sustainability
Legrand unveils Nexpand, a data center cabinet platform
Legrand has unveiled a new data center cabinet platform, Nexpand, to offer the necessary scalability and future-proof architecture for digital transformation.
Story image
Sustainability
Daikin and SP Group to build new energy efficient district cooling system
The project, set to be complete by 2025, will create a system with a cooling capacity of up to 36,000 refrigerant tonnes (RT). 
Story image
Sisense
Data and analytics could be key to higher selling prices in APAC
Sisense's latest report has found that almost half of data professionals in APAC think customised data and analytics can create better selling prices for their products.
Story image
Colocation
Digital Edge chooses Nortek’s StatePoint for new data center
Digital Edge will use Nortek's StatePoint liquid cooling technology in its new data center, the first commercial colocation operator in Asia to do so.
Story image
Sustainability
AirTrunk boosts Japan presence with West Tokyo data center
AirTrunk is planning to build TOK2, a new hyperscale data center in Japan which will strengthen the company’s presence in the country.
Story image
Cable
New high-performance cable in the works for Asia
A new high-performance submarine cable is being built to enhance connectivity between Hong Kong, China and Southeast Asia.
Story image
SaaS
Cisco reveals new tech, intends to prevent network issues
Cisco has revealed new technology intended to mitigate costly disruptions by aiding IT teams in learning, predicting and planning.
Story image
Data Center
Digital Edge to build South Korea's largest commercial data center
The project will be the largest commercial data center project in South Korea with total IT power of 120MW and a capital investment of more than KWR$1 trillion.
Story image
APAC
Odaseva expands in APAC and UK with more security features
Odaseva, a data platform for Salesforce, is establishing new headquarters in London as well as a new data center in India.
Story image
Digital Transformation
EdgeConneX enters Indonesia, plans for data center campus
EdgeConnex has announced it is expanding its presence in Asia with the acquisition of GTN Data Center in Indonesia.
Story image
Tech Data
Tech Data to use Pluribus Networks’ cloud solutions in APAC
Tech Data says using Pluribus Networks' Unified Cloud Fabric solution will be a "game-changer" for its data center infrastructure customers and partners.
Story image
Data Center
Sime Darby Berhad to use Equinix APAC data centers
Equinix has expanded its digital infrastructure services, including its International Business Exchange data centers, to Sime Darby Berhad
Story image
Red Hat
Red Hat expands capabilities to provide streamlined application development in cloud
"Application development is undergoing significant change and developers need tools to support this transformation."
Story image
Sustainability
RDA and MVGX partner for sustainable data center development
Red Dot Analytics (RDA) and MetaVerse Green Exchange (MVGX) have entered a strategic partnership to make Singapore's data center development and operations more sustainable.
Story image
Data Center
Equinix enters Africa, closing US$320 million acquisition of MainOne
The completion of the acquisition augments Equinix's long-term strategy to become a leading African carrier-neutral digital infrastructure company.
Story image
Sustainability
Siemens showcases new automated solutions for data centers
Siemens has implemented new automated solutions and AI in the Baltic region's largest data center, providing insight into the future of data center management.
Story image
Hyperscale
SpaceDC partners with Aofei for data center sales in Asia
SpaceDC has partnered with Aofei Data International to sell Aofei's data centers, CDN and SDN in China.
Story image
Data Center
CBRE finds record levels of investment in APAC data centers
CBRE's new report finds direct investment in the sector more than doubled in 2021, surpassing investment volumes for the past four years combined
Story image
Storage
Energy storage demand momentum continues, says BYD
BYD has announced an expansion of its production capacities and will deliver 250,000 units of its energy storage system, BYD Battery-Box Premium.
Story image
Surveillance
Genetec launches new enclosure management system for data centers
Genetec has released a new enclosure management solution that will give data centers the ability to secure, monitor and manage access to racks and cabinets remotely.
Story image
Sustainability
YTL unveils development of solar-powered data center campus
YTL Power (YTL) has announced the development of a 500MW data center campus in Johor, the first data center park in Malaysia to be powered by solar energy.
Story image
Infrastructure
Report - Data investment the key to better business growth
New research from Digital Realty has revealed that almost half (47%) of IT leaders globally believe their business investment in data systems and infrastructure is a key obstacle or concern.
Story image
Disaster Recovery
Kacific launches emergency connectivity offering, CommsBox
Kacific has announced the release of a new emergency connectivity offering designed to rapidly provide broadband service in emergency or disaster zones.
Exabeam
Find out how a behavioural analytics-driven approach can transform security operations with the new Exabeam commissioned Forrester study.
Link image
Story image
Sustainability
Grasping the opportunity to rethink the metrics of a sustainable data centre
A data centre traditionally has two distinct operations teams: the Facility Operations team, and the IT Operations team. Collaboration between them is the key to defining, measuring, and delivering long-term efficiency and sustainability improvements.
Story image
Sustainability
AyalaLand and FLOW partner for data center development
AyalaLand Logistics Holdings Corp (ALLHC) and FLOW Digital Infrastructure have entered into a framework agreement to bolster the development of carrier-neutral data centers in the Philippines.
Story image
Microsoft
Microsoft unveils adaptive accessories for disability access
Microsoft is introducing an expansive Inclusive Tech Lab to give people with disabilities greater access to technology through new software features and adaptive accessories.
Story image
Microsoft
SAS Viya on Microsoft Azure to deliver 204% return - study
The Forrester Total Economic Impact study finds SAS Viya on Microsoft Azure brings a 204% return on investment over three years.
Story image
Data Center
Tier III Ready Datacenter solutions shortlisted for major awards
"These designs will accelerate data center clients' own Tier III certification, reduce the cost, and fast-track their time to market."
Story image
Digital Transformation
Multiplex, NEXTDC making strong progress on S3 data centre
Multiplex has made a significant achievement on Stage 1 of NEXTDC’s S3 data centre, ‘topping out’ the structure in the Artarmon on Sydney’s lower North Shore.
Story image
Telstra
Telstra expands business offerings in the Philippines
The expansion aims to offer more choice for customers and enhance connectivity into the Philippines, and within the country.
Story image
Sustainability
ABB unlocks sustainable energy upgrades for data centers
ABB says its new microgrid solutions will get data centers ready for the green revolution and use their own energy sources with a reduced carbon footprint.
Story image
BitTitan
Why tenant consolidation is critical to cloud success
Consolidating tenants can improve cost management, security and engagement after a flurry of reactive activity following the widespread shift to remote operations.
Story image
Kacific
Kacific launches service to combat enterprise power outages
Kacific Broadband Satellites Group has launched Enterprise Backup, a new service intended to protect organisations against frequent power outages.
Story image
Cloud
Colt connectivity with AWS increases services in Asia
Colt Technology Services expands cloud connectivity to AWS Direct Connect Hosted services, with speeds of up to 10 Gbps in Asia.
Story image
Hyperscale
Seagate, Phison partnership to improve data center offering
Seagate and Phison have announced plans to expand their SSD portfolio to assist data center customers in reducing total cost ownership (TCO).
Story image
Sustainability
Power at the edge: the role of data centers in sustainability
The Singaporean moratorium on new data center projects was recently lifted, with one of the conditions being an increased focus on power efficiency and sustainability.
Story image
Databricks
Databricks grows in APAC market, expands into Korea
Databricks officially launches a local office in Seoul, Korea, building on existing partnerships with Cloocus, Megazone and the Weverse Company
Story image
Cybersecurity
A10 Networks finds over 15 million DDoS weapons in 2021
A10 Networks notes that in the 2H 2021 reporting period, its security research team tracked more than 15.4 million Distributed Denial-of-Service (DDoS) weapons.
Story image
Data Center
Preventing downtime costs and damage with Distributed Infrastructure Management
Distributed Infrastructure Management (DIM) can often be a lifeline for many enterprises that work with highly critical ICT infrastructure and power sources.
Story image
Sustainability
Video: 10 Minute IT Jams - SoftIron CMO on Data Center Sustainability
In a special Power/Energy feature week presentation, we are joined by SoftIron CMO Andrew Moloney.
Story image
Power / Energy
DigitalBridge makes $30 million equity investment in LEDC
Leading Edge Data Centres (LEDC) has announced it has secured an AUD$30 million equity investment in its regional edge network from an affiliate of DigitalBridge Group, DigitalBridge.
Story image
Akamai
Akamai announces new products across security, computing
Akamai has announced a series of new products and updates to existing products across its security and compute product lines, including its entry into the infrastructure as a service (IaaS) market.
Softiron
For every 10PB of storage run on HyperDrive vs. comparable alternatives, an estimated 6,656 tonnes of CO₂ are saved by reduced energy consumption alone over its lifespan. That’s the equivalent of taking nearly 1,500 cars off the road for a year.
Link image