This is the Tagline, edited under "Misc Content"
Jun 14, 2023
HONG KONG – June 14, 2023 – More than four in 10 IT leaders surveyed in Asia-Pacific (44%) believe their existing IT infrastructure is not fully prepared for the demands of artificial intelligence (AI) technology, despite its widespread adoption across industries, according to the Equinix 2023 Global Tech Trends Survey. The survey, which examined IT leaders’ responses to AI advances in their organizations, comes after a year of significant AI breakthroughs that saw the technology rapidly deployed in applications across both the business-to-business and business-to-consumer sectors.
Jeremy Deutsch, President, Asia-Pacific, Equinix, said: “The advancement of artificial intelligence is upon us. As AI capabilities and use cases continue to build in momentum, organizations that are not equipped to harness the power of AI will see themselves losing out on a substantial competitive advantage.”
The survey confirmed AI uptake is on the rise across all industry sectors, with 83% of the IT decision-makers polled in Asia-Pacific seeking to benefit from the advantages of AI and already using or planning to use it across multiple key functions. Organizations are most likely to be using AI, or planning to do so, in IT operations (83%), followed by cybersecurity (81%), and customer experience (78%).
“Successful development of accurate AI models depends upon secure and high-speed access to both internal and external data sources that can be spread across multiple clouds and data brokers,” added Deutsch. “For example, as enterprises embark on creating their own private generative AI solutions, they may want to process their confidential data at a private and secure location with high-speed access to external data sources and AI models. Through Equinix’s interconnected digital ecosystem and reliable digital infrastructure, we have dedicated ourselves to fast-tracking our customers’ and partners’ deployment of AI to meet their ambitions and maximize business value.”
On implementing complex AI strategies, Aengus Tran, CEO & Co-Founder at harrison.ai, noted: “Secure hosting of our compute and data storage platforms is our highest technical priority as we build AI solutions for clinicians across the world. We rely on an extremely fast and direct connection to enable hybrid cloud models as required to move remarkably large data sets on which we train and develop our AI solutions. This digital infrastructure enables us to tackle bigger healthcare problems—from medical imaging solutions, to new AI healthcare solutions requiring more data and processing—helping to improve the standard of global healthcare and achieve our vision to impact one million lives per day.”
Asia-Pacific remains a strong and dynamic region projected to contribute around 70% of global growth in 2023.1 Findings from the Equinix 2023 Global Tech Trends Survey echoes that with 80% of Asia-Pacific businesses plan to expand geographically in the next 12 months.
A full copy of the report can be found here.
About the Survey
The independent study, commissioned by Equinix, surveyed more than 2,900 IT decision-makers in diverse enterprises across the Americas (Brazil, Canada, Colombia, Chile, Mexico, U.S.), Asia-Pacific (Australia, Hong Kong, India, Japan, Singapore, South Korea), and EMEA (Bulgaria, Finland, France, Germany, Ireland, Italy, Netherlands, Nigeria, Poland, Portugal, South Africa, Spain, Sweden, Switzerland, Turkey, UAE, UK). Respondents were selected for participation from Dynata's online panel. The survey was conducted online between March 20, 2023 and April 07, 2023.
About Equinix
Equinix (Nasdaq: EQIX) is the world’s digital infrastructure company®. Digital leaders harness Equinix’s trusted platform to bring together and interconnect foundational infrastructure at software speed. Equinix enables organizations to access all the right places, partners and possibilities to scale with agility, speed the launch of digital services, deliver world-class experiences and multiply their value, while supporting their sustainability goals.
Forward-Looking Statements
This press release contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially from expectations discussed in such forward-looking statements. Factors that might cause such differences include, but are not limited to, risks to our business and operating results related to the current inflationary environment; foreign currency exchange rate fluctuations; increased costs to procure power and the general volatility in the global energy market; the challenges of acquiring, operating and constructing IBX® and xScale® data centers and developing, deploying and delivering Equinix products and solutions; unanticipated costs or difficulties relating to the integration of companies we have acquired or will acquire into Equinix; a failure to receive significant revenues from customers in recently built out or acquired data centers; failure to complete any financing arrangements contemplated from time to time; competition from existing and new competitors; the ability to generate sufficient cash flow or otherwise obtain funds to repay new or outstanding indebtedness; the loss or decline in business from our key customers; risks related to our taxation as a REIT and other risks described from time to time in Equinix filings with the Securities and Exchange Commission. In particular, see recent and upcoming Equinix quarterly and annual reports filed with the Securities and Exchange Commission, copies of which are available upon request from Equinix. Equinix does not assume any obligation to update the forward-looking information contained in this press release.
Equinix Media Relations (Asia-Pacific)
Equinix
Annie Ho
+852 2970 7761
annho@ap.equinix.com
Media Contact (Hong Kong)
TEAM LEWIS
Ivan Leung
+852 3002 3761
equinixHK@teamlewis.com
1 Regional Economic Outlook, Asia and Pacific, International Monetary Fund, May 2023