Enterprise digital infrastructure expected to shift to subscription models

By 2026, 80 percent of new enterprise digital infrastructure investment is forecast to be operated through a subscription-based model. The Global Interconnection Index (GXI) 2024, released today from Equinix, predicts that in order to meet the ever-growing demands of data-dense technologies such as AI, 5G and edge computing, IT decision-makers are increasingly shifting away from long-term purchases of physical equipment, such as servers, routers and storage arrays, in favor of flexible subscription-based models. 'Industry patterns have shown that the traditional procurement process of buying your own IT hardware, if that is not your business, is becoming a competitive disadvantage,' says… [Continue Reading]