Ireland’s life sciences sector consumes a lot of data

Ireland’s healthcare and life sciences industry is a European leader for digital infrastructure and private data transfers.

Supply chain constraints aren’t slowing down the pace of digital infrastructure investment and new research shows that Ireland’s multi-billion-euro life sciences and healthcare sector is a major consumer of digital infrastructure.

Ireland is the third-highest consumer of interconnection bandwidth in EMEA’s healthcare and life sciences industry, while it is the fifth-highest consumer for the manufacturing and cloud and IT industries, according to Global Interconnection Index (GXI) 2023 from Equinix.

“In Ireland, we house some of the world’s largest healthcare, medical device and pharmaceutical companies”

Overall, the report projects that Ireland’s interconnection bandwidth will grow by a CAGR of 45% to 2025.

Power users of data

“Today’s enterprises are sophisticated power-users of data. In Ireland, we house some of the world’s largest healthcare, medical device and pharmaceutical companies,” said John Shorten, senior director of Operations for Equinix Growth and Emerging Markets.

“The pace at which they have adopted and revolutionised technology to benefit patient outcomes is extraordinary. At the same time, they are subject to extremely stringent data regulations, so they must connect to digital ecosystems privately to ensure compliance while also charging ahead with innovation.

“Modern enterprises are using digital infrastructure to innovate and compete. It is exciting to see that Ireland is an EMEA leader in three industries and it reflects the exciting opportunities businesses in Ireland are creating for their customers, employees and the world around them.”

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