The use of data has become an intrinsic part of modern-day life, touching everything from healthcare devices to video streaming. The essentiality of the content and services being provided means that digital infrastructure is increasingly serving as a “21st century utility,” with average broadband data consumption more than doubling in the last five years.
Approximately 90% of the world’s stock of data is less than three years old, with an estimated creation of 329 quintillion bytes daily - a 60-fold increase from 2010 figures. This growth in data usage has spurred an unprecedented expansion of critical digital infrastructure, notably hyperscale data centers, which are essential for data processing.
This trend is set to continue with the proliferation of Artificial Intelligence (AI) which relies heavily on data processing created by enormous data sets and computational intensity.