Interconnection the key to digital transformation as data concerns remain - survey
The majority of IT professionals who exchange information via the public internet are concerned about the security of their data.
According to the latest Equinix survey, 80pc of respondents do not feel comfortable sending data outside of the firm's core infrastructure.
With General Data Protection Regulation (GDPR) due to come into force this coming May, Equinix managing director for Ireland and emerging markets Maurice Mortell said data security concerns are "part of every conversation".
"Most businesses including ourselves are asking questions around the security of our personal data and regulation compliance. I don't think anyone has the luxury of not taking this seriously," he told Independent.ie.
In terms of managing data security, and adding value to the company in an increasingly digital industry, the data centre's survey revealed that the the 'Interconnected Era' has replaced the 'Information Age' (51pc of respondents).
"Irish businesses are becoming increasingly interdependent and there's an associated move towards interconnection as a key business enabler," Mr Mortell said.
"This 'Interconnected Era' is about connecting businesses with its partners, with other businesses, with key service providers and global markets in one location."
Some 89pc of respondents said it is important for their business to connect with external digital ecosystems in order to scale.
"In all of our data centres, the interconnected fabric is growing at such an exponential rate, it's about establishing a certain ecosystem in which everything is connected."
One-third of those surveyed said that external network latency was problematic due to slow information exchange.
"[Interconnectivity] solves a number of latency issues where there are problems sending critical flow on demand. On the back of the evolution of the industry, where everything is more or less going digital, that exchange of data can be transformative."
As more firms move their data and services to the cloud, the survey found that interconnection with leading global digital service providers is a key business enabler.
Almost four fifths (79pc) of those surveyed believe it crucial for their business to have direct interconnection on the same network with service providers such as Google, Amazon and Microsoft.
Furthermore, most respondents (98pc) expect the amount of data stored by their organisation to grow over the next year - and this creates a number of serious business challenges - "among which is an increase in the complexity of managing the digital side of their business".
"Those who still rely on the public internet to exchange data with employees, partners, customers and others outside of their core infrastructure are experiencing increased latency, which causes serious business challenges," said Mr Mortell.