IT sector: 8 predictions for 2021
By: Software Company Dubai
Tags: Blockchainservice, Blockchain Startup, Blockchainrevolution, Blockchain Technology, Blockchain Development

All tech companies are looking to the future, but as an interconnecting crossroads between carriers, cloud service providers, and businesses, Equinix takes a unique look at IT trends and the future of the industry. Every day we also strive to determine where and how our more than 9,500 customers will need access to the interconnection and data center services and solutions they need to grow. We derive from this a rare knowledge of the sector which allows us to advance our annual predictions. Here’s what we’re planning for 2018:

2021 prediction n ° 1: Private blockchain networks are needed and are multiplying

The public blockchain, on which various cryptocurrencies are based, is radically different from the private blockchain which is expected to attract more businesses in 2018. The main difference is the presence of permissions at the level of private blockchain networks, which, unlike open networks, offer more secure digital identity management, a higher degree of trust and the ability to authorize much higher transactional rates. According to Gartner: “Between the two types of existing blockchains, namely public registries without and with authorization, companies must turn to the second option. Public registries with authorization have access controls owned or managed by rules and retain the concept of community. In the context of commercial transactions, companies may well move towards unauthorized public ledgers like bitcoin, which unknown or untrusted users can access. “

Companies providing blockchain services to various industries will need to host geographically distributed blockchain nodes to ensure low latency. Furthermore, within some private blockchain networks, companies will need to simultaneously learn about the finalization status of time-sensitive blockchain transactions. Equinix will enable them by bringing them together within expanding blockchain ecosystems and using a global platform compatible with secure and distributed blockchain networks around the world. Finally, companies will be an integral part of multiple blockchain networks (e.g. supply chain, finance) at all times and will want their business systems to be in close proximity to these different blockchain network nodes.

2021 prediction n ° 2: Applications based on artificial intelligence are becoming more widespread

Artificial intelligence (AI) has been around for more than half a century but is only democratizing today. Why ? The emergence of big data, AI-centric processors and deep-learning algorithms has enabled AI to drive technological advancements such as smart homes, factories and cars, which attract a large audience. IDC announced last September that global revenue from cognitive systems and AI is expected to reach $ 12 billion for the year 2017, and we believe it should achieve an even bigger breakthrough with the general public in 2018.

Still, AI systems must interpret and merge data from a variety of sources, hence the need to be distributed, with cloud modeling and local deployment to meet real-time processing requirements. Regulators are increasingly interested in ensuring that AI applications comply with applicable data security and hosting laws. Equinix’s global coverage enables distributed and global AI technology deployments, and facilitates local data storage. We are also uniquely positioned to create ecosystems that include the different types of data useful to AI technology providers.

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2021 Prediction # 3: Internet of Things Applications Accelerate Cloud Computing Migration to the Digital Frontier

Gartner, Inc. predicts that 8.4 billion connected objects will be in service in 2017 worldwide, a figure up 31% from 2016 and expected to reach 20.4 billion by 2020 . In 2018, with the expected multiplication of these devices, the needs of the Internet of Things (IoT) will increasingly move towards the digital frontier.

One of the main reasons for companies to migrate large amounts of data from IoT devices at the border, close to processing and analysis in the cloud, will be to have the benefit of time to reduced latency. But that’s not all. With an interconnection located at the border, companies will see their network costs decrease; in fact, they will filter and eliminate unnecessary IoT data closer to its place of origin, in order to obtain the valuable information needed for IoT-based innovations, such as smart hospitals, more quickly. And in a growing number of regions, data will need to be processed at the border to meet data hosting requirements.

With nearly 190 data centers around the world, Equinix is ​​able to provide the distributed computing architecture that IoT enterprises will need, serving as a focal point and interconnect for cloud and wireless processing. they ask.

2021 Prediction n ° 4: Submarine cable systems see a new architecture prevail

Submarine cables are one of the Internet’s key components: almost all world traffic passes through at least one of them. Currently, investments in new cables are progressing due to the rapid growth that traffic is expected to experience in the near future. According to TeleGeography, global costs of manufacturing submarine cables are expected to exceed $ 2 billion in 2018 for the third year in a row, while that figure has been stuck below $ 1 billion since 2012 . During this construction boom, we believe that a new architecture should prevail that will improve costs, flexibility of deployments and benefits of interconnection.

Advances in laser technology now allow submarine cables to bypass landing stations located on coastlines and end up directly in multihomed data centers, such as Equinix’s. As a result, users of subsea systems landing in Equinix data centers that support this model benefit from direct, low-latency access to the many industrial ecosystems we host — an asset that heightens the interest of these models. submarine cable systems to potential customers.

2021 Prediction # 5: SDN / NFV Technologies Transform Wide Area Networks

A fundamental change is currently underway in companies in the adoption of SDN (“software-defined network”) and NFV (“network function virtualization”) technologies. As a result, large companies are currently reviewing the architecture of their wide area networks (WANs) in order to expand their cloud access services. This change is set to increase in 2018.

Organizations can no longer afford to rely on expensive MPLS networks to reroute traffic between their branch offices and a central site, where they must then apply security policies to the physical networking devices, before they can access the cloud. Instead, they send their traffic to regional hubs, including Equinix data centers, using more cost-effective SD-WAN technology. From there, they apply security policies to virtual networks and security devices that take advantage of NFV technologies.

According to IDC’s latest forecast, the global data center SDN market is expected to grow at a compound annual growth rate of 25.4% between 2016 and 2021, reaching nearly $ 13.8 billion in revenue. With the SDN market booming, Equinix is ​​ready to continue to encourage this great change.

2021 Prediction # 6: Businesses Need a Global Data Center Platform to Meet Emerging Audit and Data Sovereignty Obligations

Several major regulations relating to confidentiality, security and data sovereignty will be adopted in 2021, with major repercussions for companies:

The General Data Protection Regulation (GDPR) reserves the transfer of data within the EU to contracting countries only, which could affect transfers between EU companies and their major international trading partners.

(GDPR) reserves the transfer of data within the EU to contracting countries only, which could affect transfers between EU companies and their major international trading partners. In the United States, the Consolidated Audit Trail (CAT) requires companies to record all securities transactions and ensure the accuracy of time synchronization services down to the nanosecond.

(CAT) requires companies to record all securities transactions and ensure the accuracy of time synchronization services down to the nanosecond. In Europe, the Markets in Financial Instruments Directive (MiFID II) requires the establishment of new reports and the application of new tests to investment companies.

Enforcement of GDPR and similar data sovereignty laws around the world will require companies to have data centers in many parts of the world, in order to store data locally. CAT and MiFID II also require companies to record financial transactions at the granular level, which in turn forces companies to have an internal clock system that is precisely synchronized across many data centers. Equinix’s international data center coverage helps meet data hosting requirements and provides consistent clock service across all of its locations around the world.

2021 Prediction # 7: Multicloud Trend Generates Need for Hybrid IT Platform in Business World

Gartner announces that “Multicloud strategies will become the norm for 70% of companies by 2019, while this rate is now below 10% . Two years ago, respondents to an IDC survey even placed this percentage higher, in a shorter time frame, with 86% indicating they would need a multi-cloud strategy by 2017 to underpin their future goals. job . As multicloud gains traction, we believe companies will likely increasingly need to control their management from a hybrid IT platform.

Companies currently distribute their applications on many clouds, based on the most suitable. Additionally, they increasingly rely on redundant clouds to support service continuity and disaster recovery measures. However, this requires a multicloud strategy that can be deployed on a hybrid IT infrastructure (on-premises or in the cloud). Equinix has more than 2,750 cloud and IT service providers distributed across its global interconnection and data center platform, making it the ideal place to develop a high performance, reliable and hybrid cloud access platform. secure.

2021 Prediction # 8: Platform strategies dedicated to digital transformation proliferate in companies

According to IDC, a platform dedicated to digital transformation (DX platform) makes it possible to “quickly create outward-facing digital products, services and experiences, while radically modernizing the basic intelligent environment. IDC further predicts that by 2020, 60% of companies will adopt a global DX platform strategy .

To accelerate this shift, we believe DX platform companies will invest more in open application programming interfaces (APIs) and client / partner-oriented development portals in 2018. An API-based, outward-looking DX platform is accelerating the development and integration of digital services while providing smarter tools for the management and automation of IT processes. In addition to promoting innovation, it shortens the time to market for new solutions. DX platforms provide a space for businesses to collaborate within ecosystems resulting from the interconnection of customers, service providers and business partners.

As businesses make their services accessible on API-based DX platforms, many will need to deliver the agreed upon service levels of performance, availability and security. With its global data center coverage, high-speed connectivity to cloud and network service providers, and its dedicated API-based platform for SmartView and Equinix Cloud Exchange, Equinix helps organizations and vendors meet SLAs of their DX platforms.

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