John Bensalhia speaks to Ajay Sunder, Frost & Sullivan's Vice President of Digital Transformation, and reports on the data centre services market in the Asia-Pacific region
Pullout quote: “While business applications over Cloud still dominate the revenues, increasingly there are new opportunities for analytics as a service and offering Managed/Hybrid Cloud.”
Cloud Expo Asia Hong Kong 2017 will welcome Ajay Sunder, Frost & Sullivan's Vice President of Digital Transformation. Speaking this May at Virtualisation Infrastructure & Storage & Agile Networks, Ajay's session will be covering the opportunities in the Cloud for service providers in the Asia-Pacific region.
“While business applications over Cloud still dominate the revenues, increasingly there are new opportunities for analytics as a service and offering Managed/Hybrid Cloud,” says Ajay. “The challenge for service providers is the capability required for these areas and building the competency in-house. How do service providers need to be prepared for these new areas?”
Frost & Sullivan is a business consulting firm that is involved in market research and analysis, growth strategy consulting, as well as corporate training across a wide range of industries. As Vice President, Digital Transformation at Frost & Sullivan, Asia Pacific, Ajay is responsible for Frost & Sullivan’s TMT research and advisory services across the region.
Ajay gained a Bachelor of Engineering from Delhi College of Engineering, and MBA from the Indian Institute of Management in Calcutta, India. Also a Chartered Alternative Investment Analyst ( CAIA), Ajay's work experience also includes his role as Investment Manager with New Zealand Trade & Enterprise, the economic development agency for New Zealand which promotes investments in the ICT sector and raises capital for New Zealand tech start-ups.
Upon joining Frost & Sullivan, Ajay was with the company's consulting team and has worked in conjunction with telecom operators, regulators and government bodies in the Asia-Pacific region. He has led strategic consulting projects on market entry strategy, new services/product roadmap for some of the leading telecom operators/vendors in the area.
Frost & Sullivan has also commented on the data centre services market in the Asia-Pacific region. From recent figures, the future for this sector looks highly promising. For the year 2015, the market grew by 15.4% to reach revenues in excess of US $14 billion the following year. The company anticipates this healthy rate of growth to continue in the future for the Asia-Pacific region. Between 2015 and 2022, the market is expected to grow at a CAGR (Compound Annual Growth Rate) of 14.7%. By the end of 2022, the revenue figure is expected to reach US $32.8 billion.
What's the main driver of growth for the data centre services market in the Asia-Pacific region? Frost & Sullivan say that this is the greater digital requirements of largely populated countries' economies – countries that include Indonesia, India and China. In addition, the recent Frost & Sullivan report says that enterprises are looking into third-party data centre services as a result of growing complexities in the IT infrastructure which have been brought about by virtualisation and consolidation – and also cost constraints. With that in mind, this is driving growth of managed hosting in the Asia-Pacific region.
Come and see Ajay's talk at Cloud Expo Asia Hong Kong (Virtualisation Infrastructure & Storage & Agile Networks) on 24th May from 10.40 to 11.05am.