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You Lead. We Report. with The Tech Capital
You Lead. We Report.
73 episodes
1 day ago
Hear it here first from the global leaders in digital infrastructure, from the boardroom to the trading floor directly to your device.
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Investing
Business
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Hear it here first from the global leaders in digital infrastructure, from the boardroom to the trading floor directly to your device.
Show more...
Investing
Business
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Exploring the viability of traditional REITs in the era of service and network-centric data centres
You Lead. We Report. with The Tech Capital
22 minutes 7 seconds
1 year ago
Exploring the viability of traditional REITs in the era of service and network-centric data centres

As the tech industry continues to navigate the evolving landscape of cloud deployments, The Tech Capital sat down with Randy Brouckman, the CEO of EdgeConneX, at PTC'24 in Hawaii. Brouckman provided insights into the factors influencing the apparent shift in momentum post-COVID and how these changes are impacting the industry's trajectory. Reflecting on the observed quieting of cloud growth post-COVID, Brouckman highlighted several contributing factors. He emphasized the impact of the pandemic on reshaping business priorities, leading to a more cautious and strategic approach to cloud adoption. Additionally, the increased focus on data sovereignty and regulatory compliance has driven enterprises to reevaluate their cloud strategies, resulting in a more calculated and deliberate pace of deployment. Brouckman underscored the significance of these shifts, foreseeing a lasting influence on the industry, with organisations prioritizing resilience and adaptability in their cloud infrastructure to navigate future uncertainties. In response to the observed trend of enterprises placing a higher emphasis on their data centre operators over their network providers, Brouckman offered insights into the underlying dynamics. He pointed to the growing importance of data centre operators as key enablers of digital transformation, providing the critical infrastructure necessary for cloud, edge, and connectivity services. This shift in priorities signifies a strategic repositioning by enterprises to leverage the capabilities of data centre operators in delivering robust, scalable, and secure infrastructure. For network providers, this evolving landscape presents an opportunity to collaborate closely with data centre operators to deliver integrated solutions that meet the evolving demands of enterprises. Addressing the viability of traditional REIT structures in the context of the industry's move towards service and network-centric data centers, Brouckman delved into the intricacies of the evolving landscape. He emphasised the need for flexibility and adaptability in the real estate investment trust (REIT) model to align with the changing dynamics of data center operations. While traditional REIT structures may undergo modifications to accommodate the evolving requirements of service and network-centric data centers, Brouckman expressed confidence in their continued relevance, provided they evolve in tandem with industry shifts. Shifting the focus to EdgeConneX's recent investment by EQT Infrastructure VI fund, Brouckman elaborated on the strategic implications of this significant development. With a focus on expanding EdgeConneX's footprint across 80 data centers in 50 markets, Brouckman highlighted the company's commitment to meeting the increasing demand for AI-driven infrastructure solutions. Noteworthy partnerships in key regions such as China, India, the Philippines, and Indonesia underscore EdgeConneX's strategic positioning to address the burgeoning AI demand while aligning with sustainability goals and fostering community acceptance. Brouckman also shared his vision for the evolving role of CEOs in navigating the uncharted waters of the 2020s. Emphasizing the need for adaptability, resilience, and visionary leadership, he underscored the critical role of CEOs in steering organizations through unprecedented challenges while fostering innovation, sustainability, and strategic partnerships. For more exclusive insights and industry updates, stay tuned to The Tech Capital. Follow us on: Subscribe: https://thetechcapital.com/register/ Twitter: https://twitter.com/thetechcapital_ LinkedIn: https://www.linkedin.com/company/the-tech-capital Instagram: https://instagram.com/thetechcapital_ Facebook: https://www.facebook.com/The-Tech-Capital-101679965480510 YouTube: https://www.youtube.com/channel/UCPZ8yuPvtECZCwV2g9OkX1w

#datacenter #thetechcapital #cloudadoption #cloudcomputing #datacentre #infrastructure #youleadwereport

You Lead. We Report. with The Tech Capital
Hear it here first from the global leaders in digital infrastructure, from the boardroom to the trading floor directly to your device.