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In recent years, there has been a growing trend toward the use of data center colocation services. This trend is driven by the need for companies to outsource their data center operations to third-party providers that can provide better scalability, flexibility and cost efficiency. According to a recent press release, the global data center colocation market is expected to more than triple at a Compound Annual Growth Rate (CAGR) of 15.6% to reach US$195.3 billion by 2029.

Read more: Global Data Center Colocation Market to Triple by 2029

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“5G extraordinary and multi-dimensional experience attributes open multi-paths for monetization, adding both commercial and social values.” This was the message highlighted by Peng Song, president of Huawei's ICT strategy & marketing, during the 5G Business Success Summit at the 2023 Mobile World Congress.

Read more: Diverse Paths to 5G Monetization, Accelerating 5G Business Success

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Amid a growing multi-sector cyber-threat landscape, the Australian government aims to make industries more resilient. Recently, the government has announced counteractive drills with large organizations, especially in industries including telecommunications, banking and electricity, to help them better address the increased security threats.

Read more: Australia’s Cyber Threatscape and Its Efforts to Counter Growing Risks

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Recent advancements and the convergence of three important technologies: artificial intelligence, IoT and edge computing, will drive the fourth industrial revolution, reshaping industries and subsequently, consumer behavior. These three key drivers for what has been dubbed Industry 4.0 are very promising, given that they are mobile-based and intelligent, and will connect the physical, digital and virtual world for everyone. And this is why the race to 5G has continuously become more competitive, especially in Thailand, which has become among the most impressive 5G success stories in Southeast Asia.

Read more: How Thailand’s AIS Is Gearing Up for Industry 4.0 With Its 5G Capabilities

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In today's hyper-connected world, access to high-speed internet has become a necessity for individuals and businesses alike. With the advent of 5G technology, the promise of ultra-fast speeds, low latency and seamless connectivity is becoming a reality. Among the various use cases of 5G, Fixed Wireless Access (FWA) is gaining significant traction, offering an alternative to traditional wired broadband for providing high-speed internet access.

Read more: A Closer Look at 5G Fixed Wireless Access (FWA)

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On the sideline of MWC 2023, Barcelona, Vikram Sinha, CEO of Indosat Ooredoo Hutchison (Indosat), delivered a presentation titled “The story of Indosat, the most successfully merger that empowers Indonesia”, delving into Indosat’s merger and its impact on connecting Indonesians and elevating the country’s economy.

Read more: Indosat Ooredoo Hutchison’s Successful Merger Empowers Indonesia

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As a core foundation for the Fourth Industrial Revolution, 5G has a huge potential to impact the socioeconomic growth of nations as well as people’s lives. An advanced digital society will play a key role in establishing a better environment for future generations.

Read more: India and 5G: An Ambitious Dream Faces Many Challenges

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At MWC 2023, Huawei debuts a future-oriented IT infrastructure architecture to drive carrier transformation in a digital-first era, placing the spotlight on intelligent, reliable, efficient, and collaborative IT infrastructure in line with its theme of “+IT, Grow Together.”

Read more: Huawei Unveils Future-Oriented IT Infrastructure for Carrier Digital Evolution

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