In addition, over 80% of Australian businesses plan to invest in big data technology in applications such as financial modeling, security and fraud detection, retail and e-commerce.
In the past five years, the adoption of cloud services by businesses in Australia has resulted in a productivity benefit to the economy of $9.4 billion, according to the Economic Impact of Cloud Services 2019 report by Deloitte. The report found that “78% of users have reported improvement in productivity since using cloud services” – but there are still some hurdles to overcome. The major challenges for companies looking to tap into cloud computing include skills (37%), legacy systems (37%) and cost (35%).
Data centre construction and fitout is a specialist area which will continue to experience significant growth as more businesses join this sophisticated new age of digital technology – and FDC is at the forefront. “FDC is playing an active role in the evolution of the digital community with over $2 billion worth of completed data centre work,” says FDC Construction Manager for Data Centres, Mark Tallentire. Thirty-five major data centres have been delivered to date (with more in the pipeline) including the new Hyperscale IC3 facility which significantly expands capacity at the existing Macquarie Park Data Centre Campus in Sydney.