APAC Tag

phone

Asia Pacific is leading the way when it comes to 5G networks. That’s according to The Mobile Economy: Asia Pacific 2018, which finds the region will invest over $200 billion and have 60% of the world’s 5G coverage by 2025. “The push for faster internet speeds through 5G will come from governments and industry regulators that realise its potential contribution toward a country’s economic growth and...

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lights coming from warehouse

APAC is where some of the world’s strongest AI spending growth will be found, at 72.9% CAGR through 2018. There are many drivers for this, including growing demand for greater business insights, improving productivity, and harnessing the ever-growing data volumes (APAC cloud traffic by 2021 is forecast to be just behind North America). Accelerating the potential are the advances in cloud storage and infrastructure, along with...

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man connecting cables

Asia Pacific is one of the world’s fastest growing regions for internet users, growing at an estimated 8% per year. This speed in take-up (the global average is 7%) is only matched by its diversity of reach across countries. Reports estimate by the end of last year, over half the world’s online population would be APAC residents. Naturally, countries with the widest internet coverage will see the...

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industrial screws

Asia Pacific is in prime position to take advantage of next-generation manufacturing technologies. That’s according to a new document from the World Economic Forum. The Readiness for the Future of Production Report 2018 (pdf) identifies Singapore as an ‘early leader’ in its manufacturing transformations. The city-state is the world’s fourth-largest exporter of high-tech goods. To augment its lofty position, the government has put in place a...

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coins with ethereum and bitcoin logos

Last year saw cryptocurrencies explode into the mainstream. Bitcoin was the headline-grabber, with a whole host of virtual currencies and payment-related events flying along in the slipstream. These ranged from NASDAQ announcing plans to offer bitcoin-backed futures contracts. Through to Dogecoin – a ‘joke currency’ conceived from an internet meme – reaching a $2 billion market capitalisation. At the start of 2017, bitcoin prices were under $1,000....

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highway

Take a visual voyage into the present and future of artificial intelligence and the Internet of Things. The infographic below explores trends, patterns and forecasts across the Asia Pacific region. Explore the impact of these next-generation technologies on industries, employees and organisational strategies. Plus as a bonus, explore the '6 facts your business needs to know' and find out how to get a competitive edge for...

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neon-lit banks along river

In today’s era of disruption and transformation, open banking represents a fundamental shift in the concept of banking. Turning it into an industry where customers can offer their data to third parties, in return for more personalised services. In the Asia Pacific region, this is happening at high speed. By 2020, 99 out of 100 executives at large banks plan to invest in open banking initiatives....

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safety deposit boxes

Consider a standard financial exchange, such as buying property. Various intermediaries are involved, each requiring fees for their involvement. Whether that’s verifying, querying or confirming a transaction. Naturally, the more links there are in a chain, the more delays are likely to occur. The result is that buyers and sellers are regularly left waiting, without clear knowledge of how things are progressing. As a digital ledge technology...

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jigsaw with 1 missing piece

It’s official: Private data exchange via interconnection will exceed public internet traffic by 2020. That’s according to a new report from the world’s largest IBX data centre and colocation provider. Equinix’s latest Global Interconnection Index finds the capacity for business-to-business bandwidth is growing nearly double the rate of the public internet, and 6 times the volume of IP traffic worldwide. What is interconnection and why is it...

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