The data era is in full swing, yet it’s only getting started. Every year brings new developments to the data space. In 2023, AI and cybercrime raised data’s profile and spread the importance of managing this crucial asset. What can we anticipate from the data market this year? According to Rob Abrams, Chief Technology Officer of Sithabile Technology Services, here are four trends that are predicted to shape 2024’s data market.
More companies are moving their servers to third-party data centres or decommissioning those in favour of cloud alternatives also hosted on third-party data centres. Due to rising costs and power issues, many are shifting to improve business resiliency. But it’s also about growth: cities such as Johannesburg and Cape Town are very competitive data centre locations compared to Europe and the US. Data centre companies have invested billions into the local market, and another major international submarine has made landfall in the country— those developments will start showing results in 202
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