For the last 18 days of 2018, Data Economy will be looking at what you have been reading and watching the most on the website. From news and features to videos and lists, 2018 has been a year of unprecedented amounts of content on data centres, cloud and edge computing, especially within the finance and investment space.
Oracle to open 12 data centres in bid for ‘most autonomous technologies in the world’
Oracle unveiled the largest data centre expansion of the year so far with plans to open 12 new data centres across Asia, Europe and North America to support the growth of its cloud business.
The regional expansion of Oracle’s cloud footprint will include locations in Asia including China, India, Japan, Saudi Arabia, Singapore, and South Korea; Europe including Amsterdam and Switzerland; and North America including two in Canada and two new US locations to support U.S. Department of Defense workloads.
Eagle Investment Systems teams up with Microsoft to build cloud platform to grow $24tr in assets
Massachusetts-based Eagle Investment Systems LLC, a BNY Mellon company and provider of financial services technology, partnered with Microsoft to create a new cloud-based data management platform to be available through Azure.
BNY Mellon has $33.5tr in assets under custody and/or administration, and $1.9tr in assets under management. Eagle has $24tr in assets using its technology platforms which include data management, investment accounting and performance measurement solutions.
In the partnership, Microsoft and Eagle will work to develop a multi-tenant solution to be offered through Microsoft Azure and its data centre infrastructure.
Unnamed fund buys mega cloud campus in the world’s most active data centre market
The Northern Virginia market once again lived up to its name by witnessing yet another data centre transaction.
The deal, whose financial details have not been released, was advised by CBRE Global Investors.
The acquisition includes a three-building data centre portfolio constructed in 2017.
Tokyo Olympics will help create international colocation market worth $2.3bn
The Tokyo colocation market is expected to be worth $2.3bn by 2023, enjoying a five-year CAGR of 6.5% for the period 2018-2023, according to data from Structure Research.
The market will grow by 7.3% in 2018 from 2017’s market figure of $1.6bn.
Retail colocation is projected to account for 79% of the total revenue generated in 2018, with wholesale colocation taking up the remaining 21%.
Google to build more cloud data centres in Japan, could Sweden be next?
Google announced the construction of three data centres in Osaka, Japan, brining the total number of facilities announced since February 1, 2018, to nine.
The fierce expansion comes as the company’s cloud services continue to experience strong demand across the world, forcing the addition of the sites in Osaka as well as in Belgium and in the US, where five buildings will be erected.
Additionally, reports out this month suggested Google’s parent company Alphabet to be in close conversations with Saudi Arabian oil company Aramco to aid in the construction of several data centres in the kingdom.
NextDC deploys two Google Cloud interconnects to serve Oz
Australian data centre services firm NextDC deployed two new Google Cloud interconnects at its Sydney S1 data centre, allowing customers to connect to the Google Cloud Platform (GCP) from anywhere in Australia.
The Partner Interconnect service is a new product in Google Cloud’s interconnect offerings.
Partner Interconnect allows organisations to extend their data centre network into their Google Cloud projects via companies like NextDC and its ecosystem of over 450 carriers and service providers.
NTT creates its first direct presence in Dublin with Equinix
NTT Communications expanded its Tier-1 Global IP Network with a new point-of-presence in Dublin, Ireland, at Equinix’s DB1 data centre.
NTT says the new PoP will support growing demand for IP transit services from global companies and organisations that have established their European headquarters and operations in Dublin.
Equinix’s DB1 data centre in Dublin is one of the most densely connected IBX facilities in Ireland.
Cloudian scoops Tegile’s CFO as results of $125m PE investment blossom
Enterprise object storage systems company Cloudian appointed former Tegile CFO Michael Morgan as its own chief finance officer in the wake of business growth strengthened by extra funding.
The funding amounted to $125m and was raised through a joint venture with private equity firm Digital Alpha.
Morgan has been tasked with overseeing finance, legal, human resources and operations at Cloudian.
2018 public cloud capital expenditures set to top $160bn (before nearly doubling by 2021)
Adoption of public cloud architectures showed no signs of slowing down as the latest market forecasts suggest the sector is set to grow 23.2% in 2018 from 2017, reaching $160bn in revenues.
US to spend the most over the year with China set to leap ahead of the UK, Germany, and Japan into the number 2 position by 2021.
During 2018, the discrete manufacturing sector is expected to cash out the largest percentage of the global $160bn forecast at $19.7bn.
Donald Trump reportedly out to hit Amazon owner Jeff Bezos in the cloud pocket
President Donald Trump’s ongoing spat with Amazon CEO Jeff Bezos may deprive Amazon Web Services of a $10bn cloud contract with the Pentagon, according to various reports.
The Pentagon contract is part of a framework deal – the Joint Enterprise Defense Infrastructure (JEDI) contract – which is expected to last over ten years, with the defence department wanting to award it to a single cloud supplier.
AWS was believed to be in pole position to win it, partly down to the fact it already has an ongoing $600m contract to provide secure cloud services to the CIA.
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