A decades-long efficiency drive, which held datacenters to steady demand levels while processing much more, has run out of headroom
- As we demand and produce more and more data, energy consumption levels will rise
- The data center market size by investment in the Middle East is to reach $4.48 billion by 2026
- Remote work and e-commerce have sparked a boom in data center development.
Ashraf Yehia, Managing director at Eaton Middle East, wrote that for data and the data center industry, the pandemic disruption was also a major catalyst for accelerated digitalization. He said that according to a PWC survey, 67% of Middle East consumers think they have become more digital in comparison to the global 51%, with the highest percentage being in Egypt at 72%.
GSTechnologies (LON:GST) overall development of the group includes large customer accounts and growing their blockchain payment and financial services business, with blue sky opportunities in new Disruptive Technologies with synergy to their existing business.