Attention seized in data centre growth

The Vietnamese IDC market has big potential in Southeast Asia with 15 per cent annual growth, which we believe will last into the future.

Kawasaki has just cut into Vietnamese market and standby turbine generators seem unfamiliar to Vietnamese customers. The product promotion shall be carried out widely at first.

Compared to diesel engines, Kawasaki GPS standby turbine generators have served as backup power solutions since 1976.

With over 8000 packages delivered worldwide, they have proven themselves with continued high reliability through all phases of operation, compact installation space and/or clean emissions. Moreover, Kawasaki has more than 90 per cent shares of standby power generators for the internet data centre market in Japan.

In recent years, financial and banking enterprises have always been the pioneers in promoting the cloud migration process globally and in Vietnam. Most of these enterprises have a comprehensive and scientific roadmap to fully leverage the power of cloud technology while fully complying with Vietnamese government policies.

This group has been widely adopting and implementing cloud computing services and solutions for digital banking, digital insurance, digital finance, mobile banking applications, customer service portals, sales and marketing omnichannel, etc.

Thanks to the robust application of technology and the advantages of cloud computing, financial and banking institutions are constantly innovating their products and services.

The Financial Service Institutions sector is also the fastest mover in transitioning from traditional approaches to data-driven digital business models.

FSI companies are the driving force behind the growing popularity and strength of cloud computing. In return, cloud technology is also the critical changer that helps FSI companies overcome difficulties and assert their position, achieving rapid and outstanding development.

Multi-cloud is the most popular cloud computing application trend among banks and the FSI sector. Banks and financial institutions always seek top-tier security and balance.

Therefore, these organisations will choose the best available platforms once they have selected a cloud computing strategy.

During this selection process, financial companies will prioritise the multi-cloud trend to ensure the following factors: security, balance, availability to maximise the strengths of each platform, and optimise costs.

The second trend to mention is application modernisation. When legacy applications migrate to the cloud, they must undergo a re-architecture and modernising process to take full advantage of technology at a minimum cost. Therefore, re-architecting and modernisation will be the main focus of the next few years.

AI and big data are the following trends. Cloud adoption must go hand in hand with utilising these technologies.

Finally, banking and financial institutions know their need to master cloud technology. There are heavy investments in human resources training and transforming to own an in-house team of high-quality experts in cloud computing.

As an advanced consulting partner of AWS in Vietnam, TechX is committed to and is ready to accompany businesses for the long term on the journey and roadmap to the cloud.

Tran Mai Huong - General Director of Schneider Electric IT Vietnam & Cambodia

Vietnam is a vast potential market in the global digital transformation picture, especially in the field of edge computing/data centers, possessing many advantages such as stable political context, support from the government, and young population.

Now and in the future, Schneider Electric's top priority is to empower our users and partners to make the most of our energy and resources around the world. Schneider Electric will continue to innovate and research solutions and technologies to meet all customer needs.

We understand that Vietnam faces major challenges in dealing with climate change, and businesses have an important role to play in achieving global climate goals by 2030 and net-zero emissions by 2050.

With the rapid development of Revolution 4.0, Vietnamese businesses now have greater opportunities than ever in approaching, applying comprehensive digitalisation, optimising production operations and developing markets in a sustainable way, while generating higher long-term business profits.

Schneider Electric's sustainability strategy focuses on digitalisation and energy management solutions including IoT connectivity, cloud analytics, and real-time monitoring. These solutions are playing an important role in helping businesses across Asia progress in a sustainable way, ensuring safety and optimising growth.

The key to accelerating this roadmap is the combination of digitalisation and electrification to drive energy efficiency and greening. It is the optimal solution to enhance energy security, resource recovery and decarbonization.

Access to clean and green energy is important for Vietnam's sustainable development. Schneider Electric is committed to addressing the gap in energy access by deploying technology to realise the benefits of alternative energy sources and storage opportunities.

In addition, Schneider Electric is launching a number of new services to meet the growing challenges associated with climate change: Climate change advisory services, greenhouse gas reduction and climate risk assessment services for linked supply chains, and communication services, including CSR/ESG reporting and assessments.