The first half of 2022 will see AWS opening three new data centers in the UAE after Bahrain. This will allow for data to be stored in the UAE while also providing low latency across the country. Anyone using the AWS services will get access to storage, networking, database, analytics, machine learning, IoT, and mobile services. Abu Dhabi Bank, Majid Al Futtaim, GE Healthcare, Hamdan Bin Mohammed Smart University, etc are included in the list of customers.
The tech giant Oracle announced the launch of new cloud computing services powered by Ampere computing chips which are based on Arm technology. After Amazon, Oracle is the first company to offer cloud services based on Arm tech. Oracle said it will rent the chips at 1 cent per computing core per hour, which is 50% lower than the competition. Oracle also offered assistance to help expand business software that runs on Arm chips.
Savills India’s report has estimated the rise in demand for real estate for data centers to be 15mn to 18mn sq. ft in the next four years. India currently has just 123 data centers which take over 7.5 mn sq ft area consuming over 650 MW power, also with 8mn+ sq ft and 870 MW capacity of data centers are under construction and will be functional by 2025. Development of over 10 mn sq ft for 1200 MW is in process.
A survey by Infosys suggested companies adopting cloud technologies have the opportunity worth $400 bn in annual profits. The survey was conducted across six countries with 2,500 respondents. To achieve this profit boost, companies need to have at least 60% of their It systems and 80% of business functions on the cloud. At present, only 17% of companies have 60% of IT systems on the cloud, which is expected to rise to 41% by the end of 2021.
Data centers globally, with accelerated demand, plan on increasing capacity by 20mn sq.ft said a report by Omdia. In the latter half of 2020, 35 cloud and colocation service providers expanded by 10 mn sq.ft. Microsoft in a web post said it expected to open 50-100 data centers per year in the coming years. 51% of the total new capacity was brought by colocation service providers while cloud companies contributed 48%.
Microsoft and AWS, according to IDC, are the top vendors for the public cloud service market in 2020. The market grew by 24.1% in the year with a cumulative earning of nearly $312bn. AWS and Microsoft, both, held a 12.8% revenue share during the period. The top 5 cloud service providers, together, captured 38% of the global market size with 32% growth YoY. SaaS apps dominated with 65% of the total market size and revenues of $148bn in 2020.
Google won the deal of providing cloud computing services to Elon Musk owned SpaceX, which recently launched 60 satellites to give high-speed internet. Ground stations of SpaceX will be set up in Google data centers to connect Starlink satellite. The low latency high-speed internet service is expected to start in the H2 of 2021. Musk hopes that these hundreds of internet-providing satellites will generate enough revenue to support SpaceX’s interplanetary goals.