With the demand for remote work expected to be outlasting the pandemic, Statista forecasts that spending on cloud-based business applications, collaboration tools, cybersecurity, and remotely managed IT services are projected to grow by almost 100 billion U.S. dollars over the next few years; on the other hand, spending for on-premises service is predicted to stagnate.

Growing hand in hand is the revenue from the cloud email and collaboration market, which is set to double in size and worth by 2024 from 2020.

Data centers are crucial to the virtual workplace as the key point of access for data and assets, utilized by remote workers when they log in to the network. Thus, how streamlined and secure the process is will determine the experience of a virtual working arrangement.

Leading cloud solutions businesses are ramping up their data center capacity to meet the demand. For example, Zoom Video Communications, Inc. also expanded its co-located data center in Singapore, where it has already had a presence for 2 years.

AppDynamics, part of Cisco Systems, which focuses on managing performance and availability of applications across cloud computing environments and inside the data center, recently started to offer its Software-as-a-Service (SaaS) offering in Asia.

This enables customers to access AppDynamics solutions via a local cloud location and accelerate their digital transformations.