Although 72 percent of global businesses face economic risks and supply chain challenges, they will continue to expand

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Redwood City, California, July 6, 2022 (PRNewswire) – Businesses around the world are planning to invest heavily in digital technologies to support the expansion plans they have learned from the epidemic. Annual survey of technology decision makers by Equinix, Inc. (Nasdaq: EQIX) New discoveries suggest that the transition to a more interconnected world could not be more than the plans of digital leaders in industry and geography. Despite the looming economic crisis and the looming talk of the World Economic Forum Davos As for the end of globalization, businesses will remain aggressive in their plans for global expansion.

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72% of the 2,900 IT decision-makers surveyed globally by Equinix 2022 Global Tech Trends indicated that their organization plans to expand to a new city (31%) and a new country (33) in the next 12 months. %), Or a whole new region (38%).

IT leaders at APAC are confident of global expansion, with 82% saying their business plans to expand into new markets, slightly larger than the US 78 percent. Perhaps with greater caution in economic terms, technology decision makers in EMEA were less interested in expansion plans, with 59% planning to expand into the new market next year.

When it comes to global growth, a number of potential limitations have been identified by businesses, and supply chain challenges have been identified as one area of ​​concern. 59% said their business was affected by global supply chain problems and shortages, while 58% said the shortage of global microchips was a threat to their business.

These ongoing supply chain issues seem to be pushing for greater virtualism, and growth aspirations are being driven by significant investment in digital infrastructure. About half (47%) respondents said they plan to deploy international expansion plans. Almost through the cloudUsing more than a quarter (26%) a Empty metal solution. Meanwhile, 47 percent said they expect more costs around the world Carrier-neutral color solutions To facilitate the planned growth in digital deployments, he said, they intend to increase investment further (59%) Communication Services When you plan to grow digital transformation and build resilience.

The epidemic continues to have a significant impact on businesses’ digital strategies. More than half of the world’s IT leaders (52%) say they are accelerating the company’s digital evolution due to the CVD-19 crisis. In fact, more than half of them (54%) claim that their IT budgets have increased as a direct result of the legacy – the need for a strong, widely accepted digital infrastructure to accelerate business needs. In addition, the majority of respondents (61%) believe that the technological changes and investments made during the epidemic are here to stay.

according to Carl StrohmeyerEquinix Chief Customer Service Officer, “In recent years, bold global expansion can be seen as very risky or very dependent on capital investment in physical infrastructure. “There are great opportunities for businesses to successfully expand into new markets and reach new customers,” Strohmeyer said. Using new digital models, companies can deploy new markets without sacrificing relatively low cost and affordability. They believe the study could facilitate digital leaders. The growth of big business in economic cycles – and the availability of strong digital infrastructure and access to rapidly evolving technologies is the source of that confidence.

However, there are significant concerns about cyber security. Ensuring support for expanding digital models is important for business, especially at a time when volatility is increasing and global threats are being created. As a digital-first strategy, 85% of respondents affirmed that the key priority is to improve cyber security. Eighty-four percent said it was important to comply with local market information rules, while 83% stressed the need to secure their businesses in the future. According to IT specialists, the most feared are cyber attacks, security breaches and data breaches (70%).

Rick VillalarVice President of Global Research at IDC As it seeks to explore enterprises in the first half of 2022 due to inflation, supply chain disruptions and unmet needs, IDC is constantly hearing from IT leaders about the latest and greatest technologies and interconnectedness. And intelligent SaaS resources are crucial. Companies like EuCunics play an important role in helping IT teams make and make sustainable technology investment decisions that enable them to quickly access desirable resources and connectivity options, as well as hybrid and multidisciplinary services. The full benefits of SaaS and digital infrastructure. ”

The study also confirmed that

  • Customer and employee experience is a priority: Recognition of digital adoption affects key users, 83% of IT leaders say enhancing customer experience is a priority. About 81% of companies believe that improving employee experience is crucial for their transformation journey and sustainability.
  • Cloud migration continues.71% of global IT leaders say they plan to move more business activities to the cloud. Half of those respondents plan to move many of their business-critical applications to the cloud, and half (49%) plan to move their security operations to the cloud.
  • The hybrid cloud is superior.Mixed cloud models were the preferred approach for 38% of respondents, but one-fourth (22%) of digital leaders around the world still rely on a single cloud provider or not at all. Communication can be helpful here, 35% of respondents believe that it increases communication flexibility, and 30% use it to enable a hybrid cloud when reporting.
  • Investing in creativityMany IT leaders want to protect their businesses in the future and take full advantage of new technologies such as 5G, IoT and Web3. Seventy-one percent of respondents said they were moving to everything as a XaaS model, with the main reasons being IT infrastructure (65%), flexibility (56%) and improved user experience (54%). .
  • Focus on sustainabilityAs they innovate, digital leaders closely monitor the sustainability of their IT infrastructure. 67% say they are actively testing and actively testing the environmental impact of their IT devices, and 65% only work with IT partners who can meet key carbon reduction goals. In fact, 69% of the Sustainability Report is one of the most important drivers of their organization’s commitment to science-based goals.

To read more or download a copy of the Global Tech Trends Survey, please visit Equinix 2022 Global Technology Trends Survey

About the survey

An independent study by Equinix surveyed 2,900 IT decision-makers across the United States.Brazil, Canada, Colombia, MexicoUSA) Asia-Pacific (Australia, China, hong kong, India, Japan, Singapore, South Korea) And EMA (Bulgaria, Finland, France, Germany, Ireland, Italy, Netherlands, Nigeria, Poland, Portugal, south africa, Spain, Sweden, Switzerland, Turkey, UAE, UK). Respondents were selected to participate from the Dynata online panel. The study was conducted online. March 1, 2022 And March 29, 2022.

Learn more about future digital leadership.

About Eunics

Equinix (Nasdaq: EQIX) is a global digital infrastructure company ፣ that enables digital leaders to use a trusted platform that brings together the underlying infrastructure for their success. Equinix allows today’s businesses to find all the right places, partners and opportunities they need to accelerate profits. With Equinix, you can efficiently accelerate the launch of digital services, provide world-class experiences and increase their value.

Future Statements

This press release contains forward-looking statements that include risks and suspicions. Actual results may differ from what is expected in such future statements. Factors that may cause such differences include the challenges of obtaining, working, and building IBX, but are not limited to this.® Developing, deploying and delivering databases and Equinix products and solutions; Unexpected costs or problems regarding the merger of companies we have found or are finding in Equinix; Not receiving high revenue from customers in newly built or acquired data centers; Inability to complete timely financial arrangements; Competition from existing and new competitors; The ability to generate adequate cash flow or otherwise generate new or unpaid debt; Business loss or failure from our key customers; Risk-related risks such as REIT; And other risks from time to time Documents disclosed by Equinix to the Securities and Exchange Commission. In particular, see the latest Equinix quarterly and annual reports. Equinix is ​​under no obligation to update future information contained in this press release.

Source Equinix, Inc.

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