The data centre industry is projected to reach north of US$1 trillion US dollars by 2030, registering a CAGR of 10.5% from today till 2030. Despite challenging macroeconomic scenarios, the sector is set to navigate this and continue to grow exponentially.
Joining The Tech Capital to discuss this and more is Randy Brouckman, CEO of EdgeConneX, who opens up about market dynamics as well as the group’s growth.
EdgeConneX has exponentially rolled out new infrastructure in the last year, with market expansion, joint ventures, customer experience, and sustainable practices being the most significant contributing factors. With a presence in more than 60 locations across 50 unique markets throughout 30 countries, EdgeConneX has grown to be a legitimate global presence.
The EQT-backed company’s goal by 2030 is to become carbon-, waste-, and water-neutral, and they have executed US$3.3 billion in sustainability-linked financing. The company is changing the landscape of becoming a leader in sustainable edge through their RE100 pledge, sustainable financing, as well as its CPP philosophy - Customers, People and Planet. As the industry continues to grow, it is crucial to focus on sustainable practices to ensure a better future for all.
In the APAC region, EdgeConneX has developed partnerships with local players like Chayora in China, AdaniConnex in India, Aboitiz InfraCapital in the Philippines, and GTN in Indonesia. The company is expecting significant growth in the APAC region in 2023 and beyond.
Brouckman also addresses new market expansions and targets as well as remaining big trends shaping the data centre industry today and the impact those respective changes have in the immediate and long-term future.
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