3. IT Struggles to Keep Up with Business Process Demands
With concepts such as BYOD in full force, IT is struggling to stay on top of all the demands that are placed on it. Growing traffic, an increasingly dispersed end user base, and the proliferation of mobile devices have all created a perfect storm of latency and performance issues that are simply overwhelming old deployment models.
As a result, enterprises will develop more IT strategies that encompass an organization's data management, network optimization and application performance. For instance, there is an increasing number of businesses deploying their common, off-the-shelf enterprise network equipment from their corporate location to shared data centers where network service providers come to peer. This allows for a highly available and agile service that gets the IT department ahead of the demand storm.
4. Big Data Here to Stay
In the next year, the Big Data conversation will evolve from experimentation to real practical cases. More businesses than ever before will generate, access and hold more data than they can fully analyze or manage, in spite of data processing advances like MapReduce and Hadoop. As a result, the speed at which these organizations can access where this data is stored will be vital to the success of their strategies.
Big Data is in it for the long haul. Storing, processing and analyzing data is becoming less and less expensive. Numerous companies are in the big data application development game and will continue to produce applications that harness data in new ways. In fact, IDC predicts that companies will spend more than $14 billion on Big Data technologies or services, which translates to 30 percent growth year-over-year.
With the emergence of new data intensive sectors in the digital economy, expect low latency, close proximity and immediate access to other businesses to be top priorities for many CIOs.
5. Overseas Markets Heat Up
There is a surge in demand for data center and interconnection services in Asia Pacific with current estimates placing the public cloud market at US$22 billion and the virtual private cloud market at US$10 billion by 2020. South America, and in particular Brazil, is expected to be a hot market as companies prepare for the 2014 FIFA World Cup and 2016 Olympic Games that will be held there.
Sign up for CIO Asia eNewsletters.