Ecosystem-connected businesses expanded more in the last 5 quarters than in the past 5 years

  • Date: 20-Oct-2022
  • Source: Zawya
  • Sector:Real Estate
  • Country:UAE
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Ecosystem-connected businesses expanded more in the last 5 quarters than in the past 5 years

DUBAI, United Arab Emirates — Current supply chain constraints and geopolitical and economic instabilities are not slowing the pace of digital infrastructure investment for the most connected companies, according to a new report.

The latest Global Interconnection Index (GXI) 2023, an annual market study published by Equinix, found that the most ecosystem-connected businesses — those directly interconnecting with partners to provide their own digital services—have expanded their digital operations more in the past five quarters than in the previous five years. On average, organizations are connecting to three times as many businesses ecosystem partners and metros, consuming more than twice the amount of interconnection bandwidth.[1]

As businesses reinvent themselves in the aftermath of the global pandemic, ecosystem density has become a catalyst for digital innovation, which continues to fuel the growth of interconnection bandwidth. According to GXI 2023, global interconnection bandwidth is forecast to reach 27,762+ terabits per second (Tbps) by 2025, representing a five-year compound annual growth rate (CAGR) of 40%, equivalent to 110 zettabytes of data exchanged annually, or enough bandwidth to support over 50 million autonomous cars each exchanging over 2,000 terabytes (TB) of data per year. This forecasted growth shows how organizations are rethinking their business to implement