NEXTDC Limited (ASX:NXT), Australia’s leading data centre provider of premium colocation solutions, has been identified by global analyst and growth partnership company Frost & Sullivan, as the market leader in the Australian data centre industry. The 2020 Frost Radar report specifically identifies the leading data centre organisations dedicated to growth and innovation.
Frost & Sullivan commended NEXTDC on its commitment to innovation and sustainable operations, continued research and development investments, and effective strategic partnerships supporting its robust vision and growth strategy.
In the current COVID-19 climate and beyond, data centres play a critical role in supporting customers, industries, and the economy by enabling organisations to accelerate and drive successful business outcomes for their digital-first strategies. In an increasingly competitive landscape, the Frost & Sullivan Australian Data Centre Frost Radar closely examines the value proposition and success of the industry’s key players, and their ability to support organisations throughout their transformation journey.
The Frost Radar report, which closely focusses on the Australian data centre market, evaluates the performance of key industry players for Growth and Innovation leadership. NEXTDC has been identified as the leading player in both categories.
Nischal Khorana, Director of Emerging Technologies, Cloud & Data Centres Practice at Frost & Sullivan commented: “NEXTDC is demonstrating competitive advantage amongst key services providers in the Australian data centre market and leads the industry on both growth and innovation excellence. By leveraging technology to provide intelligent service management and a connectivity fabric allowing seamless interconnection of data centres, NEXTDC offers significant value to customers in effectively managing an increasingly distributed IT infrastructure environment.”
“Strong growth strategies with customer-centric R&D investments have enabled NEXTDC to achieve significant success in the Australian market,” said Khorana.
NEXTDC was positioned the highest on the Frost Radar Growth Index due to its strong investments and growth strategy consisting of acquisitions, portfolio expansion, and innovative data centre development initiatives. On the Innovation Index, NEXTDC also ranked the highest primarily driven by the company’s significant investment in data centre management technologies.
NEXTDC CEO Craig Scroggie said: “We are extremely proud to be named the leader in the Australian data centre industry by global industry specialists Frost & Sullivan. Over the past decade, we have built our business around providing world-class services to our customers and partners and fostering a culture that champions innovation and excellence. It is both exciting and incredibly humbling to see our vision and passion for delivering exceptional value recognised as being the best in the industry.”
The Frost Radar report also noted NEXTDC’s enhanced value proposition, new data centre investments and geographic expansion as drivers making it the market leader in terms of revenue.
“NEXTDC’s data centres are evolving as quickly as the communities we service, to keep up with the rapid transformation of our society and to ensure we remain at the forefront of data centre innovation,” said Scroggie. “We are more committed than ever to continue to deliver our customers with the highest levels of support, critical IT capacity and connectivity services in the country.”
The Frost Radar is an analytical tool allowing Frost & Sullivan to evaluate companies across two key indices, Growth, and Innovation. The Growth Index measures companies’ performance and ability to develop and execute a robust growth strategy, vision, and pipeline, while the Innovation Index measures the ability to develop and apply scalable products, services, and solutions. The Frost Radar serves to benchmark companies’ future growth potential by providing insight into their core strengths and weaknesses.
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