Jeff Park

speaker

477 appearances 3 recordings 2 series first heard Jan 2026 last heard 8 Jun

Jeff Park’s voice in public audio — every appearance, attributed to the second.

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Recordings per month over the last 12 months — 3 in all, peaking in Jun 2026 with 1.

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FEAR & GREED | Business News · Q+A: AI is creating a data explosion — and most businesses aren’t ready · 8 Jun 2026 podcast

With the AI, they're starting to unleash the value that's been hidden in the data.

So we talk about some interesting project with the mining companies, the medical imaging institutes, they're all seeing a great benefit of having these datas that will give us a real advantage for the human race.

Yeah, well, I think it starts with you decide what data is relevant for your business or your clients or the industry you're in.

So you basically have to make a filter to make sure –

you store the meaningful data information.

There's also those sensitivities around the privacy.

Some people don't want their face to be recognized when they walk into stores.

So it starts from the regulatory requirement, but also looking at the business, they look at, okay, what data is gonna give us the edge to stay competitive in the industry?

The conversation has sharply changed in the last six months because only a few years ago, a lot of enterprises thought data storage is a part of IT infrastructure and it's a part of cost.

But now with AI unleashing a lot of data within, people are realizing, wait, we gotta take a look at what we're storing and we gotta plan what we're gonna do with data.

So yes, absolutely.

It's becoming a very high level discussion because not only there's a cost involved, it gives that edge that all businesses are looking for.

Oh, I think let's start looking back 10 years ago where we were.

I think for many businesses, they were able to afford to have this kind of data centers on-premises and manage their own with IT managers.

Now, as the business grows, as the demand grows, they're looking at ways to optimize and provide scalable options with the data centers.

So I almost look at data center demand as...

our housing problem in Australia.

We have a lot of houses, but there isn't enough.

So do we build 10,000 houses or do we build high rise dense apartment where it's more efficient in terms of energy?

And also you can deploy much scalable.

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