[Special Correspondent Mekl Goes🏃] The Future of IT Companies: The Next Global Market is the ‘New Space Era’

Date of creation : 2024-08-26

🗄️Space Data Center

On July 3, 2024, news reached the country that the European Union (EU) was reviewing the possibility of establishing and operating a 'space-based data center' to reduce energy consumption. The European Union (EU) requested a technical, economic, and environmental review for the construction of a space data center through Thales Alenia Space, a European space industry company, and concluded that it is feasible.

Furthermore, the European Union (EU) has invested 2 million euros (approximately 2.9 billion won) to conduct the advanced space cloud project known as the 'ASCEND project' for Europe's carbon neutrality and data sovereignty. It is said that the project researched the possibility of placing data centers in space orbit.

*Source: EU reviews 'space data center' using solar power... "Technically and economically feasible" - AI Times, Reporter Park Chan (June 29, 2024)

🧑🏻‍🚀Why are data centers going to space?

Why are data centers going to space? Of course, there can be various factors such as technological, economic, and environmental reasons. However, there is a major issue that the global IT industry faced simultaneously in 2024, right? It's #AI #power shortages #shortage of data centers. This issue is a common problem being discussed not only in South Korea but around the world.

🛸Establishing new data centers, Southeast Asia vs. Space

Did you know that the learning process of Generative AI (GenAI) requires astronomical amounts of data, and that a 'large-scale data center' is needed to store and process the data for developing Generative AI? Of course, there are already about 8,000 data centers worldwide.

However, 'data centers for AI' require up to 30 times more power than existing Google searches, and can cause large-scale blackouts when the power grid is overloaded. Additionally, due to various issues such as complex permitting processes, lack of power facilities, local resident opposition, and concerns about rising electricity rates, establishing new data centers is not easy.

The demand for data centers is increasing globally, but due to various interests, establishing new data centers faces significant challenges. While Southeast Asia is an alternative that global companies have focused on, the European Union (EU) sees space as a new alternative.

🍪Cookie Knowledge: Types of Satellites

The types of satellites vary depending on the payload. In other words, they are categorized based on their purpose and what they carry.

If equipped with high-performance cameras or radar (RADAR), it is called an 'Earth observation satellite.'

If it carries atomic clocks, it is a 'GPS satellite.'

If it contains communication devices, it becomes a 'communication satellite.'

Satellites that carry memory and other computer devices can be classified as 'space data centers.'

*Source: [Tech Talk] Creating a Data Center in Space with Hundreds of Satellites - Asia Economy (2024.03.03)

🗃️AWS Services Used in the Space Industry

Many AWS services are already being utilized in the aerospace industry. Photos and data are not only transmitted globally between countries but also between Earth and space (satellites), and various cloud services, including AWS storage, are being used in this process.

MegaZone Cloud's Global Sales Team Leader, Lee Yong-jin, explained five of the most useful features in the space industry at the 'AWS Public Sector Day Seoul 2024' event held at COEX on July 4, 2024, as follows.

(Summary of the presentation)

The current hot topic in the space industry is how to utilize high-resolution data received from satellites.
Recent examples include measuring soil fertility in agriculture using satellite data or comparing photographs of pre- and post-war situations during media coverage.
The space industry traditionally has many manufacturers and legacy engineers, making it difficult to integrate with the cloud.
Therefore, there are challenges in transitioning legacy engineers to cloud engineers, explaining the difficulties in adoption.
As it is impossible to go against the big wave, the need for space industry workers to become familiar with clouds like AWS and MegaZone Cloud is emerging.

*Source: AWS Best Features as Mentioned by Space Industry Officials - ZDNet, Yang Jeong-min (2024.7.4)

📃MegaZone Cloud Quickly Signs Business Agreements with K-Aerospace Manufacturers

As mentioned by MegaZone Cloud's Lee Yong-jin, it is expected that space industry workers will also embrace the era of cloud transition. So, how about envisioning the future of the New Space Era together with MegaZone Cloud, which has already signed business agreements with aerospace manufacturers and has accumulated know-how?

On October 5, 2023, MegaZone Cloud signed a business agreement for the future transition of Korea's space and defense cloud. The company signed an agreement with AWS and LIG Nex1 (a South Korean aerospace manufacturer and defense company, formerly known as NEX1 Future).

Goals of the Business Agreement

Restructuring the operation and maintenance methods of aerospace and national security solutions
Deriving insights necessary for making better decisions faster
Supporting the digital transformation of defense companies
Utilizing global infrastructure and partner networks to support domestic companies' overseas expansion

In this way, MegaZone Cloud, together with its affiliates, is exploring areas of support such as big data analysis, AI, and security strategies applicable to the domestic defense industry based on its accumulated cloud technology.

In Conclusion

Unlike others, MegaZone Cloud is leading the future of the IT and cloud industry faster than anyone else!

Instead of just following current trends, how about preparing to lead future trends together with MegaZone Cloud? If you're curious about MegaZone Cloud's segmented GenAI and cloud adoption strategies by industry, business, and product (goods, services), feel free to consult via email and expand your own future!

*Expand your own business Contact us online

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